The idea of flying cars is back on the table at General Motors in its pursuit of zero crashes, zero emissions and zero congestion. The automaker is considering options in the aerial taxi market. Yeah, that’s right, flying cars. Those options could include making the air taxis or partnering with another firm to make them, a spokesman for GM confirmed. … Continue reading GM’s Barra talks flying cars and transforming the automaker
Category: US Motoring Press
Cadillac dealers must invest $200K each for brand’s EV future
Detroit — The push for an all-electric future will come with a cost for General Motors Co. dealers. For Cadillac dealers that cost is estimated to be at $200,000 to transition dealerships for Cadillac’s electric vehicles beginning with the Lyriq crossover, the brand’s first all-electric vehicle hitting U.S. dealerships in late 2022 after debuting first in the China… Continue reading Cadillac dealers must invest $200K each for brand’s EV future
McLaren considers sale of global headquarters to raise cash
Luxury sports-car maker McLaren Automotive is considering a sale of its global headquarters as part of a refinancing strategy the company announced earlier this year. The U.K. company has also appointed banks to advise on a debt restructuring and equity raise to buttress its balance sheet, it said in a statement Thursday. The company has… Continue reading McLaren considers sale of global headquarters to raise cash
Ford severance packages offered to U.S. workers: Here are the details
Ford Motor Company plans to email employees on Tuesday details for severance packages with a goal of shedding at least 1,400 U.S. jobs by the end of 2020, and the Free Press has obtained details of the offer. The so-called “Voluntary Incentive Program” (VIP) provides a lump-sum cash severance payment for eligible employees who elect to, and… Continue reading Ford severance packages offered to U.S. workers: Here are the details
Canada’s Unifor picks Ford as lead in Detroit Three contract talks
Detroit — Ford Motor Co. of Canada has been selected as the lead company with which the Unifor labor union will bargain as they negotiate with Detroit’s three automakers on new contracts. Unifor will bargain with Ford to establish a pattern for the four-year contracts that expire at 11:59 p.m. Sept. 21. The union on Tuesday selected Ford out… Continue reading Canada’s Unifor picks Ford as lead in Detroit Three contract talks
How Lucid Motors plans to spin Tesla-killing strategy out of air
“Peter I’m working for this guy called Elon Musk, and we are in deep s–-.” That’s how the phone call from Tesla model manager Dave Morris to engineer Peter Rawlinson began in 2009, when Morris needed help working on the prototype for a new electric car. Eventually, he lured Rawlinson to work at Tesla Inc.,… Continue reading How Lucid Motors plans to spin Tesla-killing strategy out of air
3-D Printing, a Boon for Racers, Inches Closer for Carmakers
The Belgian racing team Heli had an engine problem. Specifically, under race conditions, the manifold of the four-cylinder turbo diesel in its BMW 1-series exploded, bursting along an ultrasonically welded seam that held together the manifold’s two halves. The team tried reinforcing the seam. But when the car returned to the track, during the middle… Continue reading 3-D Printing, a Boon for Racers, Inches Closer for Carmakers
Ford wants to cut 1,400 salaried jobs in U.S.: Who is targeted
Ford Motor Company alerted its employees early Wednesday during a weekly virtual global meeting that the automaker plans to trim its headcount by 1,400 salaried workers by offering them an opportunity to retire this year if they meet certain qualifications. Kumar Galhotra, president, Americas & International Markets Group, who oversees the profit and loss of the business units, told workers the news. He… Continue reading Ford wants to cut 1,400 salaried jobs in U.S.: Who is targeted
Ford to cut 1,000 salaried jobs in U.S. amid overhaul
Ford Motor Co. is planning to eliminate 1,000 white-collar jobs in the United States by the end of the year, two sources close to the situation confirmed Tuesday, another step in its years-long, $11 billion restructuring. The reductions, to be achieved under a voluntary program, are not a reaction to the COVID-19 pandemic that interrupted… Continue reading Ford to cut 1,000 salaried jobs in U.S. amid overhaul
Ford wants employees to sign COVID-19 contracts
Ford Motor Co. launched a massive health safety campaign on Thursday in response to the coronavirus pandemic, an effort that includes a COVID-19 contract with Ford employees and their families. “We understand the importance of caring for ourselves and others, and will commit to establish safe practices that will protect all of us against the spread of COVID-19,” says… Continue reading Ford wants employees to sign COVID-19 contracts