Customers flocked to Chevrolet showrooms on Wednesday to get models sold at discount prices following General Motors’ decision to withdraw from Thailand by the end of 2020. Outlets selling the American brand were busy with possible customers on Wednesday after the sale started — with some models going for less than half price. The new Captiva […]
General Motors
General Motors to lay off 1,500 workers in Thailand after plants sale
General Motors will start laying off around 1,500 workers in Thailand in June, after declaring the sale of its production plants in the country, a government official stated on Wednesday. The automaker said on Monday it would sell its two plants in the eastern industrial province of Rayong to Great Wall Motor. Its recent moves […]
GM’s Holden brand to disappear by the end of 2020
The Holden brand will disappear at the end of this year after its owner General Motors (GM) declared it would no longer make cars suitable for Australia. Departing from the Australian market and other right hand drive markets including Thailand is expected to cost the company “north of $US1 billion”. The move comes about three […]
General Motors to withdraw from Thailand this year
General Motors declared that it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of 2020. “Low plant utilization [and low] forecast domestic and export volumes impacted the business case significantly,” stated Andy Dunstan, GM president for strategic markets, alliances and distributors. GM will keep supporting existing Chevrolet consumers for […]
Great Wall says to buy General Motors’ Thailand car plant
China’s Great Wall Motor stated on Monday it had signed a binding agreement to buy a car plant from General Motors in Thailand. Great Wall stated it expects to finish transaction of Rayong car plant, which is presently operated by GM, by the end of 2020. GM stated on Monday it was rearranging worldwide operations. […]
General Motors to resume production in China from February 15
General Motors stated on Monday it would resume production from February 15 in China, where the country is combating coronavirus epidemic which has infected thousands and killed over 900 people. Automakers in China had stopped production for the Lunar New Year holidays at the end of January. The automaker would have a staggered start to […]
General Motors to invest $3.5 billion in Michigan under revised tax credit deal
Michigan last week agreed to modify decade-long tax breaks for General Motors in exchange for the company’s promise to invest at least $3.5 billion more over 10 years, which will include building of electric pickup trucks in Detroit. According to the deal — the seventh amendment to the home state automaker’s incentives since 2009 — […]
Fiat Chrysler rejects union bribery allegations in GM lawsuit
Fiat Chrysler is moving to reject a racketeering lawsuit filed by competing automaker General Motors, rejecting allegations that it bribed union officials to impose higher labor costs on GM. In papers submitted Friday with the federal court in Detroit, FCA argued that GM’s lawsuit is far from facts. It also said that even if the […]
General Motor’s Cruise heads down new road with new robotaxi concept
General Motors’ self-driving car company will try to deliver on its long-running promise to offer a more environmentally friendly ride-hailing service in an unorthodox vehicle designated to remove the need for human operators to transport people around crowded locations. The service is currently being developed by automaker’s Cruise subsidiary will depend on a boxy, electric-powered […]
General Motors moves over 1,350 temporary employees to full-time jobs
General Motors stated on Wednesday that over 1,350 hourly workers at its assembly plants in the United States will move into full-time jobs in the first quarter of 2020. The employees are from 14 General Motors production facilities located in Michigan, Indiana, New York, Texas, Tennessee, Missouri, Kansas and Kentucky, the company stated. “We are […]
General Motors sales dropped in China sales for another year
General Motors’s vehicle sales in China dropped for a second year as total auto sales decreased amid a sluggish economy and due to the competition in the major mid-priced sport utility vehicle (SUV) segment. Sales in 2019 dropped 15% from a year previously to 3.09 million vehicles, GM, China’s second-biggest foreign automaker, stated. GM delivered […]
Ford quarterly sales fall on the downturn in passenger cars demand
Ford Motor on Monday reported a 1.3% decline in fourth-quarter vehicle sales as soft demand for passenger cars exceeded higher sales of pick-up trucks. Ford’s figures rounded off U.S. automakers’ sales for last year, with passenger cars dropping out of favor with buyers amid lower oil prices and as automakers concentrated on SUVs and pick-ups […]
General Motors issues two recalls for over 900,000 new vehicles
General Motors stated on Thursday it is issuing recalls for over 900,000 vehicles globally in two separate campaigns to address brake software issues and fire risks. The largest American automaker is recalling over 550,000 2019 light-duty Chevrolet Silverado 1500, Cadillac CT6 and GMC Sierra 1500 vehicles because of a potential software glitch that could disable […]
U.S. agency upgrades investigation into 1.7 million GM vehicles
The U.S. National Highway Traffic Safety Administration (NHTSA) stated Tuesday that it is upgrading an investigation into 1.7 million General Motors vehicles for windshield wiper failures. The auto safety agency started the investigation in November 2018 to see if the automaker needed to expand a 2016 recall of 2013 model year Chevrolet Equinox and GMC […]
General Motors unveils Chevy Tahoe, Suburban
General Motors could expand the lineup of automobiles using its large truck and sport utility vehicle platform and observe big opportunities in over-the-air software updates, President Mark Reuss informed Reuters on Tuesday. The automaker controls about 70% of the large sport utility market in North America with six models has revealed the redesigned Chevrolet Tahoe […]
