watch now DETROIT – General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a letter sent to workers Thursday from CEO Mary Barra. The “Voluntary Separation Program,” or VSP, will be offered to… Continue reading GM offers buyouts to ‘majority’ of U.S. salaried workers
Category: US Motoring Press
Fatal Tesla collision with firetruck under federal investigation
In this photo provided by the Contra Costa County Fire Protection District, firefighters are seen at the scene of a fatal accident involving a Tesla and Contra Costa County fire truck on Feb. 18, 2023, in Contra Costa, California. Contra Costa County Fire Protection District Federal vehicle safety regulators initiated a new, special crash investigation… Continue reading Fatal Tesla collision with firetruck under federal investigation
An $18 million Ferrari leads record classic-car auction at Amelia Island. See all 10 top sellers
1962 Ferrari 250 GT SWB California Spider Courtesy of Gooding & Company, Images by Mathieu Heurtault. Wealthy car collectors spent a record amount at the classic-car auctions at Amelia Island over the weekend, suggesting the market remains strong despite recession fears and falling stocks. Total sales at the Amelia Island auction reached $178.4 million —… Continue reading An $18 million Ferrari leads record classic-car auction at Amelia Island. See all 10 top sellers
Autos service satisfaction drops for first time in 28 years from EVs
Customer satisfaction in vehicle service dropped year-over-year for the first time in nearly three decades from the growing number of all-electric vehicles on the roads, according to J.D. Power’s 2023 U.S. Customer Service Index. Toyota Motor Corp.’s Lexus topped the list for luxury brands in the study of more than 64,000 owners of 2020-22 vehicles.… Continue reading Autos service satisfaction drops for first time in 28 years from EVs
Report shows pollutants exceed odor thresholds at Detroit Jeep plant
Air sampling by the state of Michigan at the new Jeep plant in Detroit found a few pollutants that exceeded their odor thresholds and could be contributing to foul smells emanating from the plant. Neighbors around the Mack Assembly Plant on the city’s east side have reported watering eyes, coughing and other symptoms from odors… Continue reading Report shows pollutants exceed odor thresholds at Detroit Jeep plant
Carmakers can kiss pre-pandemic combustion car sales goodbye
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Carmakers can kiss pre-pandemic combustion car sales goodbye
GM offers U.S. employees voluntary separation program
To achieve $2 billion in cost savings, General Motors Co. is offering a voluntary separation program to its employees, the automaker confirmed Thursday. The majority of the U.S. salaried workforce is eligible for the program. GM employs about 58,000. Eligible employees must sign up by March 24. “As part of our plan to accelerate attrition… Continue reading GM offers U.S. employees voluntary separation program
GM, Stellantis invest in holographic head-up display startup
General Motors Co. and Stellantis NV are joining others in the industry in a $50 million investment into a holographic head-up display startup. The head-up display is a projection on a vehicle’s windshield that typically shows helpful information like speed or navigation without requiring the driver to look down at the instrument panel cluster or… Continue reading GM, Stellantis invest in holographic head-up display startup
New Volkswagen ID 2 EV tipped for 15 March reveal
Those privy to the early proposals of the redesigned ID 2 say it sits halfway between the existing internal combustion-engined Volkswagen Polo and Golf in terms of exterior dimensions, with a length put at “around 4250mm”. With a relatively short bonnet and flat floor, it is claimed to offer “the sort of interior space of… Continue reading New Volkswagen ID 2 EV tipped for 15 March reveal
BMW ups R&D spend on new EV platforms and powertrains
BMW i Vision Dee concept provided a first look at an electric 3 Series equivalent Close News 2 mins read 9 March 2023 BMW increased its research and development spending by 5.2% year on year in 2022 as it made significant steps towards launching its next-generation electric line-up. The company’s R&D investment last year totalled… Continue reading BMW ups R&D spend on new EV platforms and powertrains