Category: US Motoring Press

Chevy unveils special edition Corvette ahead of Detroit Grand Prix

Detroit — With Corvette Racing returning to this weekend’s Detroit Grand Prix after 13 years away, Chevrolet is debuting a 2022 Corvette Stingray IMSA GTLM Championship Edition.  Chevrolet will only release 1,000 of these special edition Corvettes, which resemble the No. 3 and No. 4 Corvette C8.R race cars. They were designed to celebrate the mid-engine Corvette’s C8.R’s… Continue reading Chevy unveils special edition Corvette ahead of Detroit Grand Prix

Eying deal, GM softens on tough standards for car pollution

Detroit — The nation’s largest automaker said Wednesday it can support greenhouse gas emissions limits that other car manufacturers negotiated with California – if they are achieved mostly by promoting sales of fully electric vehicles. It is a new stance for General Motors, which had supported the Trump administration’s efforts to end California’s ability to set… Continue reading Eying deal, GM softens on tough standards for car pollution

In need of cash, Lordstown Motors files ‘going concern’ notice; shares tank

Detroit — Lordstown Motors Corp. told regulators Tuesday that it needs more money to launch and sustain commercial scale production of its electric Endurance truck — and to make it through the next year. The Ohio-based electric vehicle startup amended its annual regulatory filing with the Securities and Exchange Commission noting its doubts of continuing as a “going concern,” an accounting… Continue reading In need of cash, Lordstown Motors files ‘going concern’ notice; shares tank

Bill investing billions in semiconductors, needed badly by auto industry, passed in Senate

The U.S. Senate on Tuesday voted 68-32 in favor of legislation intended to battle back against overseas competition, especially a growing threat from China, including investing more than $50 billion into the making of semiconductors, a product badly needed by the auto industry. The legislation also includes $2 billion in specific investments in older generation semiconductors… Continue reading Bill investing billions in semiconductors, needed badly by auto industry, passed in Senate

Lordstown Motors issues warning, here’s what it means for GM and its stake

General Motors is mum on a high-profile, albeit small investment in startup electric truck maker Lordstown Motors as the startup teeters on the edge of extinction. In a government filing Tuesday, Lordstown Motors said it doesn’t have enough money to start commercial production and it has doubts whether it can continue as a going concern through the end of the… Continue reading Lordstown Motors issues warning, here’s what it means for GM and its stake

GM to build some pickups, SUVs without Automatic Stop/Start feature during chip shortage

General Motors will start building some of its most profitable and in-demand 2021 full-size, light-duty pickups and SUVs without the Automatic Stop/Start feature because of a global shortage in semiconductor chips.  The automaker is also making upgrades to its full-size pickup plant near Fort Wayne, Indiana. to speed up final assembly of tens of thousands of incomplete pickups parked and awaiting chip… Continue reading GM to build some pickups, SUVs without Automatic Stop/Start feature during chip shortage

Ford aims to create new pickup fans with the new roomy hybrid 2022 Maverick

Ford bet big on its ability to change Americans’ driving habits with the 2022 Maverick compact pickup Tuesday. Attractively priced, with a 40-mpg hybrid starting at $19,995 and going on sale this fall, the Maverick is intended to get a whole new class of customers into pickups, marketing boss Trevor Scott told me in an… Continue reading Ford aims to create new pickup fans with the new roomy hybrid 2022 Maverick

Chip woes: GM eliminates start/stop feature on some full-size trucks, SUVs

Detroit — The global semiconductor shortage is forcing General Motors Co. to eliminate the automatic stop/start feature on some full-size 2021 trucks and SUVs, the automaker said Tuesday.  The move affects only vehicles equipped with 5.3L and 6.2L V-8 engines mated to 10-speed transmissions. Models involved are: Chevrolet Tahoe and Suburban GMC Yukon and Yukon XL Cadillac Escalade and… Continue reading Chip woes: GM eliminates start/stop feature on some full-size trucks, SUVs