Archives for April 27th, 2013

We Hear: GM Retools Mexican Plants for Silverado/Sierra, Trax Production

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General Motors is stepping up its Mexican operations with some $420 million in investments that will bring production of three new models to the country. The models, the Chevrolet Trax compact utility vehicle, and Chevrolet Silverado and GMC Sierra pickup trucks, will go into production over the next year. Automotive News reports that GM will invest ...

Former GM CEO Ed Whitacre Says Government Should Sell GM Shares Now

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Ed Whitacre, former CEO of General Motors, urges the Obama administration to sell its remaining GM shares in an opinion piece from The Wall Street Journal. The U.S. government currently retains a 26.5-percent stake in the automaker, and at current prices, would lose around $14 billion if the shares were sold now. “The Treasury Department should ...

Chevy Volt, Cadillac ELR could get downsized three-cylinder range extender

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Three may be the magic number for General Motors and its effort to cut both fuel use and weight in its next-generation extended-range plug-ins, both the new Chevrolet Volt and Cadillac ELR. GM, along with its China-based vehicle-development partners, may build a three-cylinder gas-powered range extender for the two plug-ins, Edmunds says, citing industry sources it ...

Thread of the Day: Name Your Favorite 1980s Rear-Drive Performance Car

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The 1980s served as a transitional period for the automotive industry. Consumers were still recovering from the gas crisis of the previous decade and automakers were experimenting with new technologies to boost performance and improve fuel economy. Performance cars of the 1980s may not be looked at with the same fondness of the muscle cars ...