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Cadillac preparing car to compete with Tesla

"Cadillac going in battle with Tesla". All-electric Cadillac upcoming. General Motors announced that Cadillac will be GM’s lead electric vehicle brand.The company is currently developing an all-new EV platform, which at first will be utilized in an upcoming all-electric Cadillac. The official news was preceded by Reuters’ article, which hints at Cadillac’s competitor to Tesla. The statement also says

The 2018 Chevy Equinox, 4 inches shorter than the current model

After not so positive reactions of the focus groups, that General Motors first showed drawings of a new design for the Chevrolet Equinox, its top-selling crossover, is bringing some changes for the 2018 model The 2018 Equinox, which began reaching dealerships this month, represents the first redesign for the nameplate in eight years. Sales of

By |2018-11-30T15:57:09+00:00March 29th, 2017|Categories: US, World|Tags: , , , , , , |0 Comments

VW is not interested to merge with FCA

CEO of Volkswagen Matthias Mueller have stopped the rumors about the merging of his company with Italian rival Fiat Chrysler. The rumors about merging two automotive giants started after FCA CEO Sergio Marchionne said last week that VW could be an attractive prospective partner and may be interested in talks. "I haven't seen Marchionne for

PSA purchased Opel from General Motors for $2.3 billion

PSA group from France announced officially today purchase of Opel from General Motors for $2.3 billion. Goal of the new European giant who became ranked second Europe’s automaker by sales, is to reverse many years loss into a profit by using the model of its own recovery. "We're confident that the Opel-Vauxhall turnaround will significantly

By |2018-11-30T15:57:13+00:00March 6th, 2017|Categories: US, World|Tags: , , , , , |0 Comments

General Motors will develop thousands of test self-driving electric cars during next year

Several sources confirmed to Reuters that General Motors will develop thousands of test self-driving electric cars during next year.  GM planning to work numerous number of self-driving electric cars in test fleets with Lyft Inc.  This will be the largest fleet of this kind of test vehicles before 2020. Most of the specially equipped versions

By |2018-11-30T15:57:18+00:00February 17th, 2017|Categories: US, World|Tags: , , , , |0 Comments

Benefit for both companies from PSA-Opel deal is obvious claim Mary Barra

General Motors CEO Mary Barra referred to the employees and told that combining GM's European Opel and Vauxhall business with Peugeot would be beneficial for both companies. “While there can be no assurance of any agreement, any possible transaction would enable PSA Groupe and Opel Vauxhall to leverage their complementary strengths, enhancing their competitive positions

By |2017-02-15T21:20:57+00:00February 15th, 2017|Categories: US, World|Tags: , , , , |0 Comments

Trump is continuing meetings with auto industry executives

President Donald Trump meet with the executives of the most important auto makers, to discuss about his policies. Business community is reacting differently on Trumps decisions. On the meeting was present General Motors CEO Mary Barra, Tesla CEO Elon Musk and several other top executives of major U.S. companies. Business leaders stated after the meeting

General Motors invests $1 billion in U.S. operations, providing 1.500 jobs in the country

General Motors today saying that will invest $1 billion in its U.S. manufacturing operations, creating or keeping 1.500 jobs. The automaker also says it will move production of axle pickup to Michigan, not only its next generation, but also work previously done in Mexico, which means 450 new U.S. jobs. Furthermore GM will create at

By |2017-01-18T18:37:57+00:00January 18th, 2017|Categories: US, World|Tags: , , , , , |0 Comments

China Penalty for General Motors $29 million

China set up the penalty for General Motors' joint venture in amount of $29 million (201 million yuan) for monopolistic pricing, it was reported on Friday. According to China state media, join venture of GM and SAIC Motor Corp will pay amercement for padding the minimal prices for some models of Cadillac, Chevrolet and Buick.

Tesla won the Consumer Reports’ survey of owners satisfaction leaving Porsche and Audi behind

According to the Consumer Reports’ Annual Owner Satisfaction Survey, more that 90% of owners of Tesla cars would buy the vehicle of the same producer again. This ratio puts the Silicon valley producer on the first place in front of the second rated Porsche with 84% and third placed Audi with 77%. The survey that