General Motors has confirmed production of the Cadillac ELR coupe. The American automaker has yet to announce pricing for the coupe, but an unidentified course close to the project revealed the Cadillac ELR’s price will be lower than the $57,400 Tesla Model S. It is expected that the ELR will be priced somewhere around $49,900...
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This year marks a major milestone for the Chevrolet brand. This fall, marks the 100th anniversary of the automaker and, the company expects to build its one-hundred millionth small-block V8 this fall. Chevy is not sure which engine will mark the 100 millionth number, nor does the company know where it will end up (Corvette?...
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Chevrolet is very excited about the futuristic Miray sports car to say the least. The Miray was first unveiled at the Seoul Motor Show in May this year, and the futuristic looking Chevy merges a jet-inspired exterior with advanced hybrid powertrain technology. The Miray will get its first European unveiling at the Frankfurt Auto Show in...
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You don’t mess with GM, as a car salesman and a trucking company owner found out recently. They’ve been charged by the FBI for allegedly selling more than 200 Hummers overseas with phony titles and collecting more than $500,000 in unearned incentives from General Motors. Steve Romshek, a former salesman at the Huber dealership in...
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Yesterday, the CEO of General Motors, Dan Akerson purchased $250,500 in shares of the automaker, buying 10,000 shares at $25.05. As of yesterday, Akerson owns 103,600 shares in the company. This last week has seen the worst stock market decline since 2008, with the crash has wiping out more than $6.7 billion from the value of...
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General Motors will look to slash its R&D costs in the future, by increasingly sharing platforms and engines across models. Company CEO Dan Akerson and product boss Mary Barra spoke to the big changes coming for GM during online seminars billed as the 2011 Global Business Conference. According to Barra, the number of vehicle platforms...
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The 2013 Chevrolet Malibu is supposed to be the most high-tech car in Chevy’s lineup. And in order to compete with Ford’s Sync, it’s going to be the car that debuts GM’s new MyLink infotainment system. MyLink will be a touchscreen that features voice activation, Pandora Internet, Stitcher and XM satellite radios, hands-free dialing, USB...
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Johnny O’Connell landed his first World Challenge victory at the Mid-Ohio race track, giving Cadillac its first win since the final race of the 2007 season at Laguna Seca Raceway in California. O’Connell’s number three car was in second place during Saturday’s race, but he lost control, slid off the track and finished in eighth place. O’Connell...
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Today, General Motors confirmed that the Chevrolet Spark subcompact will be sold in the U.S. The Spark goes into production this month as the smallest car sold by Chevrolet. The General Motors executive director of North American production communications, Jason Laird, confirmed that the vehicle will launch between January to June 2012 as a 2013...
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General Motors will invest $117 million in the Oshawa Assembly Plant in preparation to build the all-new Cadillac XTS. This move will also solidify 400 jobs on the company’s felixble assembly line. The XTS has been designed to compete against other large luxury cars, and production should begin in the first half of 2012. “This...
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General Motors has announced a second quarter net income of $2.5 billion or $1.54 per fully diluted share. By comparison, GM’s Q2 2010 performance showed a net income of $1.3 billion or 85 cents per diluted share. Revenue has increased from $6.2 billion to 39.4 billion compared to the second quarter of 2010. Earnings before interest and...
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Buick has announced pricing for their newest additions to the Regal lineup, with their Regal eAssist mild hybrid vehicle starting at $29,530, while the high performance Regal GS starts at $35,310. The Regal eAssist uses a stripped down regenerative braking system to deliver hybrid-like fuel efficiency gains without the weight or added complexity of a...
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There will be no public mea culpa, but Ford marketing boss Jim Farley has apologized for sensational remarks he made about General Motors. Farley made headlines recently when early copies of New York Times reporter Bill Vlasic’s new book “Once Upon a Car” were released, containing comments attributed to him. Included among them was the following:...
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Teens are going to have to work harder to hide their whereabouts, once GM wraps up a pilot program that lets concerned parents track the location of their precious ones, in real time. The program is part of the OnStar system, and over 10,000 of its current subscribers have been chosen to take part. Parents...
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GM’s CEO Dan Akerson believes that the hydrogen fuel cell vehicle won’t be feasible until at least 2020. Let’s hope GM calls the right prediction this time. “We’re looking at hydrogen fuel cells, which have no carbon emissions, zero,” said Akerson. “The car is still too expensive and probably won’t be practical until the 2020-plus...
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Technology has progressed so much that sometimes it can be unsafe, even for your car. Mobile apps can now allow drivers to unlock car doors and remotely start their engines. However two hackers have exploited this convenience and now have access to vehicles with remote starters. Researchers Don Bailey and Mathew Solnik managed to use a laptop...
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GM has spent a not-insubstantial sum on Sunlogics, a manufacturer of solar energy systems, in order to supply its Chevrolet dealerships with environmentally-friendly charging stations. GM’s cash injection will also provide over 300 jobs in Detroit and Ontario for when Sunlogic expands their manufacturing bases. In addition, GM’s facilities will install solar arrays en masse...
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General Motors is trailing Nissan in electric car sales, prompting the the American automaker to boost output on Chevrolet Volt to 5,000 units a month as the automaker tries to take the lead. Nissan sold 3,875 Leaf units in June while GM followed behind with 2,745 vehicle sales. Tony Posawatz, vehicle line director for the...
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GM has announced the pricing details for the 2012 Cadillac SRX and the crossover will get a new, more powerful engine. Pricing for the 2012 SRX will start at $36,060, including a destination charge of $875 and the model adopts a new 3.6-liter V6 producing 308-hp. The SRX will be get an improved six-speed automatic...
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GM may decide to expand its compact car segment with a coupe version of the 2012 Verano sedan that will launch this fall. The Verano coupe has not been given the green light, though it would be an Opel Astra GTC with Buick style accents. Issues regarding the Verano coupe include how to insert a...
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With fuel economy being one of the for most issues for the entire auto industry, GM may plan to add eight-speed automatic transmissions and turbocharged engines to its next generation of full-size trucks. There has been no official word from GM concerning the powertrain decision to replace the outdated GMT900 full-size pickups and SUVs, but there is reason...
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General Motors has officially confirmed that there will be a diesel version of the Chevrolet Cruze compact car in the U.S, planned for introduction in 2013. The current Chevrolet Cruze Eco is rated at around 40 mpg on the highway, so the diesel would have to deliver significantly better fuel efficiency than that to justify...
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Ford’s head of marketing came out today with a brash, succinct statement that strikes deep down into the core of humanity: “f**k GM.” Jim Farley, shown above in a much calmer demeanor, launched this shot across the bow in an early copy of the book “Once Upon A Car,” by New York Times reporter Bill Vlasic....
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Chevrolet has sold 2.35 million vehicles globally in the first six months of 2011, setting sales records in all the top five markets. The first six months of 2011 was the best half year performance in Chevrolet’s 100-year history. The American automaker sold 286,499 more vehicles in the first half of 2011 than the same...
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