Posts tagged as: gm

GM expects higher sales in third fiscal quarter, stock ascends 1.8 percent

General Motors expects the sales of its all-electric car Chevrolet Volt to  keep the upward trend through August. The monthly results are expected to arrive next week however, its shares rose almost 1.8 percent after the news. Electric vehicles have been low in demand in parts because of the early technology and its pluses and […]

General Motors releases a notification to halt Chevy Volt production at Hamtramck plant

General Motors is facing troubled times with its electric vehicle Chevrolet Volt. The plug-in electric car has seen a decrease in demand in the US. The company has announced to halt the production at its Detroit-Hamtramck based production units temporarily. The Hamtramck unit will go idle on production from September 17 to October 15, for […]

Automobile sector will receive a severe blow if Euro falls, says Fiat-Chrysler CEO Sergio Marchionne – Part 1

The Euro debt crisis has affected almost every industry in the region and automobile sector is no exception. Car sales are decreasing by the day, but the central government is living through miseries of its own. Fiat, being biggest company at stake is making all the sounds for help through these tough times. Fiat and […]

Automobile sector will receive a severe blow if Euro falls, says Fiat-Chrysler CEO Sergio Marchionne – Part 2

According to Rainieri, every other company wants the same thing as Fiat-Chrysler but all of them are either shy to say it or are mere followers. “Others are standing in the shadow,” he said. “But if he succeeds, they’ll be behind him.” However, the recent activities of some of the biggest carmakers in the world […]

The best cars failed to notice to date – Part 1

J.D. Power and Associates has announced results of its 2012 Vehicle Dependability Study, and once again, Lexus was the most reliable of any nameplate. No surprise there, really. Toyota and Lexus have dominated quality-related studies for a long time. What some might find surprising, however, is that the Lincoln MKZ tied the Lexus ES350 for […]

The best cars failed to notice to date – Part 2

I was intrigued by this apparent disconnect and decided to dig a little further to try to identify cars that might be getting a bum rap. I looked at the top-scoring vehicles in J.D. Power’s dependability study, and compared the results to the worst-scoring brands in the avoider study. I also asked J.D. Power to […]

Indonesia competes with the Southeast Asian market in Automotive Industry – Part 1

2011 was not a prosperous year for Southeast Asia in addition to the US and Europe. The 2011 second half brought a debt crisis that devoured the whole continent and the most affected area was the export-dependent Southeast Asian countries. However, two nations out of this sector remained consistent in showing progress, Indonesia and Malaysia. […]

Indonesia competes with the Southeast Asian market in Automotive Industry – Part 2

Indonesia’s auto market has plenty of room to grow. CLSA Asia-Pacific Markets estimates the country had 32 vehicles for every 1,000 people in 2010, compared with 123 in Thailand and 300 in Malaysia. Indonesia’s economy and population are bigger than those two Southeast Asian neighbors combined. U.S. carmakers still have a long way to go […]

Indonesia competes with the Southeast Asian market in Automotive Industry – Part 3

Officials at Japan’s Suzuki and Nissan cited the future government incentives as an impetus for growth, while South Korea’s Hyundai Motors cited the improving economic environment for its optimism in Indonesia. “Indonesia is so hot for the auto industry because the economy is growing significantly,” said Jongkie Sugiarto, president director of Hyundai’s Indonesian unit. The […]

General Motors saw a profitable 2011 despite decreased Chevrolet Volt Sales – Part 1

General Motors released the financial statement of 2011 operations earlier this week. According to the report, the company has seen profits for the first time after bankruptcy in 2009. The US government extended a helping hand in bringing one of the biggest companies to shore and now has a 27 percent share in GM. The […]

General Motors saw a profitable 2011 despite decreased Chevrolet Volt Sales – Part 2

Electric cars now-a-days offer a more efficient, powerful and cost-effective solution to everyday commute, but the initial costs are taking the toll on sales. According to a recent survey, the sales of electric vehicles are not to see any substantial increase in the next five years, unless there is a sudden spike in the oil […]

Chevrolet Volt’s post-accident conditions under NHTSA microscope

More bad news for environment friendly vehicles as the US National Highway Traffic Safety Administration (NHTSA) has taken serious notice of Chevrolet Volt’s battery stability in post-accident conditions. The NHTSA has been persistently keeping tabs on the performance and safety of electric vehicles. In particular, the Chevy Volt has caught their eye in some road […]

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