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General Motors Invests $300 Million, Adds 400 Jobs At Orion For New Chevy EV

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General Motors Invests $300 Million, Adds 400 Jobs At Orion For New Chevy EV

24 Mar 2019, 13:53 UTC ·
by Mircea Panait

Home > News > Industry

Remember when General Motors promised the Bolt would pave the way for two electric crossovers? Neither is here with us, and given Tesla’s advancements, the higher-ups at GM are losing their credibility.
26 photos$300 million of a total of $1.8 billion in investments are going into Orion Township, Michigan to produce “a new Chevrolet electric vehicle.” Too little or too late, you decide on that. The American automaker sweetens the deal by adding 400 new jobs to the Orion plant, which is great news considering how many plants General Motors is closing in North America.
“We are excited to bring these jobs and this investment to the U.S.,” declared chief executive officer Mary Barra in Orion. “This new Chevrolet electric vehicle is another positive step toward our commitment to an all-electric future.” As opposed to Tesla or even Ford with the Mach E, the golden bowtie doesn’t mention anything at all about the body style of the yet-to-be-named model.
The announcement did include “based off an advanced version of the same vehicle architecture” as the Bolt, but that’s not nearly enough. With the Hyundai Kona Electric, Tesla Model 3, and Nissan Leaf Plus out there in stock, General Motors has to come up with a trailblazing product if the higher-ups expect to profit on the Bolt-derived newcomer.
Moving on to internal combustion, Flint Truck Assembly is in the process of adding 1,000 jobs. The Lansing Grand River Assembly Plant prepares to roll out the Cadillac CT5, and speaking of Cadillac, the crown jewel of General Motors will introduce a crossover-styled EV on an all-new platform.
Investments are pouring into Lansing Delta Township and Romulus Propulsion too, as well as Spring Hill in Tennessee. More than $22 billion have been invested by General Motors in U.S. manufacturing operations since 2009, but what for? All of the automaker’s brands are discontinuing products over dwindling sales, and the EV revolution is still far from full swing. Come on, GM, you can do better!

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Magna Steyr Starts Production Of 2020 Toyota GR Supra

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Magna Steyr Starts Production Of 2020 Toyota GR Supra

25 Mar 2019, 12:27 UTC ·
by Mircea Panait

Home > News > Car Profile

Ah, outsourcing! If you were wondering, even Toyota is doing it because of the cost. After all, it’s cheaper to use the tooling and workforce of another company. And thus, the GR Supra is now manufactured in Graz, Austria instead of Motomachi, Japan.
71 photosThis turn of events shouldn’t come as a surprise considering the Supra is related to the Z4, and BMW has a long-running production partnership with Magna Steyr. On the other hand, we can’t imagine that the Austrians have the same quality assurance as Toyota in Japan. Adding insult to injury, the BMW parts utilized by the Supra aren’t the latest word in terms of reliability.
The question is, does reliability matter that much in a sports car? To each his own, but Mazda is a positive example in this regard with the MX-5 Miata. Even though the Supra is available with a 2.0-liter turbo in Europe, the German configurator takes reservations for configurations that start at €62,900.
Over in the United States, the Launch Edition retails at $55,250 and the Supra comes exclusively with the BMW-sourced turbo inline-six engine. Lower down the range, the 3.0 Premium is $53,990 while the 3.0 without Premium starts at $49,990 before destination charge.
Taking the Z4 sDrive30i for reference, the BMW starts at $49,700 with the 2.0-liter TwinPower Turbo inline-four engine. Looking at the bigger picture, both models are expensive from the get-go and both will be produced in limited numbers as a consequence.
Then again, sports cars aren’t selling too well these days. Crossovers and SUVs are at the forefront of demand, and every automaker in the industry is pouring resources into developing crossovers and SUVs as quickly as possible. It’s a matter of supply and demand, and there’s no reason to point the fingers at automakers for these circumstances.
As for the first-ever Supra to roll off the assembly line in Graz, Magna Steyr finished the car in phantom matte grey. The VIN is also special, including 20201 where 2020 marks the model year and 1 indicates the first example of the breed. If you were wondering , VIN 001 has been auctioned by Barrett-Jackson for $2.1 million, and all of the proceeds are going to the Bob Woodruff Foundation and American Heart Association.

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Samsung Electronics first-quarter profit falls 60% on-year as weak chip prices bite

FILE PHOTO: Attendees at Samsung Electronics Co Ltd’s Unpacked event test out the company’s new devices in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis SEOUL (Reuters) – Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display… Continue reading Samsung Electronics first-quarter profit falls 60% on-year as weak chip prices bite

Justice Department investigating Ford emissions certifications

2017 Ford GT originally commissioned by John Cena – Image via Mecum Auctions
Some 2017 and newer Ford vehicles may have illegally polluted more than the company claimed during emissions certifications, and the company admitted Friday that criminal investigators were looking into the matter.

The disclosure that the U.S. Department of Justice began investigating the Ford vehicles in February was made during the company's routine report to securities officials Thursday. In February, Ford told environmental officials about the irregularities.

“(Ford) has become aware of a potential concern involving its U.S. emissions certification process. This matter currently focuses on issues relating to road load estimations, including analytical modeling and coastdown testing. The potential concern does not involve the use of defeat devices…” the company wrote in its quarterly filing to the SEC. “We voluntarily disclosed this matter to the U.S. Environmental Protection Agency and the California Air Resources Board on February 18, 2019 and February 21, 2019, respectively. Subsequently, the U.S. Department of Justice opened a criminal investigation into the matter. In addition, we have notified a number of other state and federal agencies. We are fully cooperating with all government agencies.”

In February, Ford said it was investigating emissions certifications for cars, trucks, and SUVs that it submitted to the EPA. It said it would begin a new certification procedure with the Ranger pickup, which went on sale earlier this year.

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Kim Pittel, Ford's VP of environmental and safety engineering, said the company was made aware of the emissions issues in September 2018 via an employee tip line.

“In September, a handful of employees raised a concern through our Speak Up employee reporting channel regarding the analytical modeling that is part of our U.S. fuel economy and emissions compliance process,” she said.

As a result, the company hired an outside agency to investigate the claims.

Thursday's admission by Ford was the first time that the company acknowledged that federal justice officials were also looking into the issue.

In the past, Ford has made similar missteps regarding fuel consumption and efficiency. In 2014, the automaker paid millions to Ford and Lincoln vehicle owners for misstated fuel economy ratings, mostly for hybrid vehicles.

Since then, federal regulators have cracked down on automakers who misstate or falsify emissions information.

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The SEC in February sought to have Musk found in contempt of a fraud settlement last year after the CEO tweeted details about Tesla production numbers that were not vetted by the electric vehicle company's attorneys.
Instead, U.S. District Court Judge Alison Nathan in Manhattan ordered Musk and the SEC to try to resolve the dispute on their own. The parties have already requested one extension.
The SEC sued Musk last year for making fraudulent statements after he tweeted on Aug. 7 that he had “funding secured” to take Tesla private at $420 per share. The parties later settled and Musk agreed to step down as chairman and have the company's lawyers pre-approve written communications, including tweets with material information about the company. Musk's lawyers have argued that the February tweet did not contain new information that was material to investors.

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FCA Idles Two Canadian Plants Over Slowing Sales, Increasing Inventories

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FCA Idles Two Canadian Plants Over Slowing Sales, Increasing Inventories

27 Mar 2019, 14:30 UTC ·
by Mircea Panait

Home > News > Industry

Impressive as they are, the Challenger and Charger in SRT Hellcat flavor aren’t selling all that well. Not even lesser models or the Redeye are flying off the showroom floor, which is why Fiat Chrysler Automobiles plans “to align production with demand.”
11 photosWhat’s that supposed to mean? In plain English, FCA is idling two plants for one week each in April 2019. The one in Brampton will be offline from April 1st to 8th while Windsor won’t produce a thing from April 8th to 15th. The most important question is, aren’t all automakers doing the same thing when there’s less demand than anticipated?
The answer is not exactly clear, but one thing is certain. Both the Challenger and Charger are some of the oldest cars in their respective segments. Both are underpinned by the LX platform for full-size cars with rear- or all-wheel drive, dating back to the 2005 Chrysler 300 sedan and Dodge Magnum station wagon.
Although developed in America, the LX came out during an era when Chrysler was joined at the hip with Daimler AG. Not much is shared between the vehicle architecture and older Mercedes-Benz sedans, but nevertheless, there’s no denying the LX is as old as the hills.
Automotive News paints an even bleaker picture for Chrysler by highlighting another idling. Windsor Assembly was out of the picture for two weeks in January 2019 “in order to adjust for investories,” then Windsor was offline in the week of February 18th “because of a parts shortage.”
Adding insult to injury, Fiat Chrysler Automobiles announced on Monday that the Canadian plant would shorten production shifts. “Regular production schedules are expected to resume in April 2019” according to Lou Ann Gosselin, spokeswoman for the automaker’s Canadian division.
“We are not providing details beyond the statement,” concluded Gosselin when pressed about the specifics of these idlings, which speaks volumes about how uncompetitive these products are. As far as sales are concerned, the Pacifica and Grand Caravan are down 24 percent and 27 percent in the United States. Sales of the Charger and Challenger are also down by 28 and 8 percent in February 2019 compared to February 2018.

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Ford C-Max, Grand C-Max Will End Production In June 2019

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Ford C-Max, Grand C-Max Will End Production In June 2019

30 Mar 2019, 8:30 UTC ·
by Mircea Panait

Home > News > Car Profile

So long, multi-purpose vehicles! Even in Europe, crossovers and sport utility vehicles are all the rage, and something had to give as far as Ford is concerned. To the point, C-Max and Grand C-Max are going out of production in Saarlouis towards the end of June 2019.
15 photos“These actions represent an important step towards delivering the products our customers want and a more competitive business for our stakeholders,” declared Steven Armstrong, chairman of the supervisory board. On the upside, Saarlouis will continue production of the Focus hatchback and wagon.
Speaking of which, the Kuga is up for a redesign, and the compact crossover shares the C2 vehicle architecture with the Focus. Over in the North America, the 2020 Ford Escape will be the first nameplate from the Blue Oval to feature the C2 in this part of the world. Both models are going official on April 2nd at the Go Further event in Amsterdam, the Netherlands.
Canceling the compact-sized minivans in June 2019 means that Ford will cancel the night shift. Moving to a two-shift schedule sounds counterintuitive, but the restructuring plan in Europe boils down to “reduced structural costs and increased efficiencies.”

Ford-Werke GmbH oversees the Saarlouis plant, and the workers were informed back in December 2018 that C-Max and Grand C-Max are not long for this world. Care to guess how bad the two nameplates fare in terms of sales?
53,937 is the number of total sales in Europe last year, down from 68,019 in 2017 and the historic high of 165,537 in 2004. There’s no sugarcoating this failure, not when crossovers and SUVs are selling this well on a worldwide basis. The truth of the matter is, MPVs aren’t in with the “in” crowd.
Over in Germany, the C-Max starts at €17,900 from the get-go or €14,590 as part of a special offer. The Karosserien Grand option adds €1,200 to the price. At the upper end of the spectrum, the Titanium trim level of the Grand C-Max costs €26,100 and €21,490, respectively.

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if($rsoc.length!=0) {
var rsocofs=$rsoc.offset().top;
var $newsgal=$(“.newsgal”).first();
if($newsgal.length==0) return;

var ngofs=$newsgal.offset().top+$newsgal.height();
if(rsocofs