Items tagged with (NYSE:GM)

Here it is, folks. General Motors just released the first official image of the 2023 Chevrolet Corvette Z06, minus camouflage. The car won't make its official debut until October 23rd, but GM decided to release this single image to appease car enthusiasts excited about what will be the most powerful C8 Corvette. Well, the most powerful Corvette until the arrival of the inevitable ZR-1. From what we can tell, GM's designers didn't mess too much for the design formula of the standard Corvette Stingray (which we think is a good thing). The changes are functional, with additional aero surfacing along the upper front fenders, a revised front bumper, and larger rear intakes for the mid-mounted engine.... Read more...
If you thought that the Chevrolet C8 Corvette Stingray was intense, you ain’t seen nothin’ yet. Of course, we all knew that General Motors has been working behind the scenes on a hotter version of the current-generation Corvette, but the company announced this week that the new Z06 would make its official debut on October 26th. So, we have two agonizing months to wait for the big reveal. Still, the company provided a brief teaser of the vehicle blasting around some famous race tracks, including Circuit de la Sarthe and the Nürburgring. The latter is the “holy grail” destination for manufacturers to tests their high-performance vehicles, so it makes sense that GM would... Read more...
Things just went from bad to worse for General Motors and its battery partner LG Chem. The company's Chevrolet Bolt EV has been plagued with a growing number of vehicle fires (over a dozen and counting), which in some cases has resulted in the partial or complete destruction of the owners' homes. When the first fires were reported, GM issued a recall with an alleged software fix to address the battery fires. This covered Bolts from the 2017 through 2019 model years. Late last month, GM issued a second recall for those same vehicles, adding that LG Chem had identified two defects with its battery packs that were the culprit behind the fires. At the time, the defects weren't publicized, but GM... Read more...
President Biden sees electric cars as the future of transportation here in the United States. As such, the White House is pushing forward with an executive order that targets half of all vehicles sold in the United States to have some form of zero-emissions powertrain by 2030. According to the administration, zero-emissions refers to battery-electric, plug-in hybrid electric, or fuel cell vehicles. “The Executive Order also kicks off development of long-term fuel efficiency and emissions standards to save consumers money, cut pollution, boost public health, advance environmental justice, and tackle the climate crisis,” said the White House in a statement. The hybridization of America’s... Read more...
EVs currently account for a low single-digit percentage when it comes to new vehicle sales in the United States. The Biden administration wants to boost the take rate significantly by weaning Americans off gasoline- and diesel-engine cars and trucks. However, something needs to be done about the current tax credit situation, which currently penalizes automakers that were early adopters in the EV revolution. The U.S. Senate Finance Committee has approved the "Clean Energy for America" bill – along party lines -- to boost the current federal EV tax credit from $7,500 to a more generous maximum of $12,500. In addition, the legislation would eliminate the current 200,000 vehicle phaseout limit... Read more...
Cadillac showed off a concept version of its upcoming Lyriq electric crossover in August, which will battle the Tesla Model Y and Model X. Today, Cadillac revealed the production version of the Lyriq and the overall design remains intact except for road-legal necessities like side mirrors. The design of the Lyriq is definitely... interesting... with a front-end dominated by a massive grille. There are several LED accents around the grille for the daytime running lights, although we're scratching our heads about where the actual headlights are. Where things get interesting is around the rear 3/4 area of the vehicle. The taillights actually start at the top of the C-pillar and go down to the beltline,... Read more...
Cadillac has the best from Germany in crosshairs -- namely from the likes of BMW, Mercedes-AMG, and Audi -- with its new 2022 CT5-V Blackwing, which was just unveiled this week. While in recent years Cadillac has been more synonymous with its lumbering and "blingy" full-size Escalade luxury SUV, the American automaker still has knack for producing some widely exciting performance sedans. The CT5-V Blackwing delivers on that front thanks to its heavily massaged 6.2-liter LT4 V8 engine. This is a "take no prisoners" gem delivering a stunning 668 horsepower and 659 lb-ft of torque, helped by an Eaton 4-lobe supercharger. Simply put, this is the most powerful production Cadillac has ever made available... Read more...
Go big or go home! That seems to be General Motors’ mantra when it comes to delivering its next-generation Hummer family of vehicles. The company’s last go-around with the Hummer brand started off with a bang when the H2 launched in the early 2000s, but fizzled out as gas prices rose and the economy tanked. The brand was eventually mothballed in 2010. However, GM announced back in January that Hummer – this time as electric-only -- would be revived under its GMC brand, and posted a teaser shot showing the front-end of the vehicle. Now, GM is following that up with profile shots of both an SUV and a pickup version of the Hummer. Both vehicles have the same “blocky”... Read more...
We got our first taste of the 2021 Cadillac Escalade in mid-January, when General Motors posted a single drawing of the vehicle's dashboard. Now, however, the veil has fully been lifted from the Escalade and we're getting a comprehensive look at it from bow to stern. The new Escalade is still a huge, hulking vehicle -- as it has been its whole life. It's based on GM's full-size truck architecture, and has a lot in common with the new 2021 Chevrolet Tahoe/Suburban and GMC Yukon/Yukon XL. But the Escalade gets unique exterior styling that fits in with Cadillac's current design language (it looks a like an enlarged Cadillac XT6). There's a massive grille up front, and thin horizontal headlights... Read more...
Here's a name we haven't though much about in the past decade or so: Hummer. Hummer was once a name synonymous with excess thanks to its big, burly lifted SUVs that were loathed for their immense girth and equally voracious thirst for unleaded gasoline. The brand was eventually shutdown in 2010, making it a victim of General Motors' bankruptcy and the economic downturn. However, Hummer is coming back from the dead in the most unlikely form. It is being resurrected as a fully-electric truck, rather than as a hulking beast powered by a V8 internal combustion engine. The vehicle will make its television debut this weekend in a 30-second Super Bowl commercial starring NBA superstar Lebron James.... Read more...
Every new technology experiences growing pains; there is typically a period of innovation and then a period of standardization. The autonomous vehicle market is no exception. Industry leaders recently agreed to establish a common hardware and software platform for autonomous vehicles. The new Autonomous Vehicle Computing Consortium (AVCC) was announced at Arm TechCon 2019. This consortium includes leaders from companies such as Arm, Bosch, Continental, DENSO, GM, NVIDIA, NXP Semiconductors, and Toyota. They hope that other automotive and technology companies will join the consortium in the future. Dipti Vachani of Arm remarked, “The future of mobility and the safe, scalable deployment of... Read more...
General Motors set hearts ablaze when it official unveiled the C8 Corvette Stingray back in August. With sexy good looks, a thumping 6.2-liter V8 engine producing 495 horsepower situated behind the driver (a first for a production Corvette) and a starting price of just under $60,000, the 2020 Corvette is sure to be massive hit for General Motors. The droptop variants of Corvettes are nearly as revered as their fixed-roof counterparts, and the convertible version of the C8 Corvette Stingray has just been officially revealed. This time around, there's no fabric roof -- instead, the vehicle features a power retractable hardtop that can be stowed (or opened) in just 16 seconds. As an added bonus,... Read more...
In what could be one of the best performance bargains in the sports car/supercar market in quite some time, General Motors has officially announced pricing for its 2020 Chevrolet Corvette Stingray. True to its word, the Corvette Stingray is priced "below $60,000", and it just barely makes the cut at $59,995 (including destination fee). That $59,995 price is for the 1LT spec without any options applied. But even in base trim, the Corvette Stingray is well equipped -- especially compared to its similarly-priced peers. The standard engine, of course, is the 6.2-liter LT2 V8 engine producing 490 horsepower and a generous 465 lb-ft of torque mated to an 8-speed dual-clutch transmission.... Read more...
Well folks, here it is: the 2020 Chevrolet Corvette Stingray, aka C8 Corvette. The vehicle isn't officially supposed to be unveiled until a little over an hour from right now, but as with most things these days, it has leaked early. Just look at it. It looks downright amazing with its new mid-engine proportions. The Corvette Stingray is full of creases throughout: there are sharp creases across its frunk, along its sides, and even the huge air intakes on its hips are sharply raked and angular in nature. To our eyes, while the front 3/4 view is no doubt compelling, the rear 3/4 view is nearly as eye-catching. The only "miss" to my eyes is the rather plain look of the rear deck from... Read more...
Tonight will be a historic moment for gearheads that intently follow the car industry. The Chevrolet Corvette throughout its entire run as a production vehicle has been a front-engine, rear-wheel-drive vehicle. And the for vast majority of those years, it has been powered by a V8 engine. The 2020 Corvette Stingray [C8] changes that, as it will switch to a more preferable -- for a supercar -- mid-engine layout. While General Motors has teased the C8 Corvette Stingray for the past few months, the actual unveil will take place tonight at 10:50pm ET (7:50pm PT). You'll be able to watch the show by visiting the following link, or by checking out the embed below later tonight. Up until this point,... Read more...
"America's Sports" car is getting its most radical makeover in its 60+ years of existence for its 8th generation (C8). The Corvette has always been a front-engine, rear-wheel-drive vehicle, but that all changes for the 2020 model year which sees the car shift to a mid-engine configuration. General Motors has been parading around prototypes with production body panels in place, but they are heavily camouflaged to hide the vehicle's true lines. However, new Corvettes have a tendency to leak ahead of their official reveal, and the new C8 is no exception. Witness the bit 'ol ass of the new Corvette, which seems to take some styling cues both from the current Corvette and... Read more...
After years of speculation, spy shots and insider rumors from General Motors, the automotive giant has finally confirmed what we already knew: the mythical mid-engined Corvette will soon be upon us. The idea of a mid-engined Corvette dates back to the 60s (via various concepts and design studies), but the vehicle has soldiered on in a front-engine/rear-wheel-drive configuration for 7 generations. Chevrolet paraded the 2020 Chevrolet Corvette along the streets of New York City this week, and the long-slung two-seater was still wearing camouflage. However, you can still clearly make out the vehicle's proportions and the huge air intake behind the doors that feeds the mid-mounted... Read more...
Today is a rather sad day for fans of General Motors. The company announced that it is laying off 15 percent of its workforce in North America, and will close a total of five manufacturing plants on the continent. With regards to its workforce, a total of 14,000 contract and salaried workers will be out of a job in 2019. As for its manufacturing plants, the following will all be closed within the next year: Oshawa Assembly in Oshawa, Ontario, Canada Detroit-Hamtramck Assembly in Detroit Lordstown Assembly in Warren, Ohio Baltimore Operations in White Marsh, Maryland Warren Transmission Operations in Warren, Michigan General Motors says that this represents the latest step in its efforts to "accelerate... Read more...
Chevrolet rolled out the refreshed 2019 Camaro a few months back that brought new options and a new front end to market. Chevy is at SEMA 2018 with a Camaro concept car not meant for the street but meant for the drag strip. The car is called the eCOPO Camaro Race Car Concept, and it is a fully electric drag racer. Chevy's eCOPO Camaro Concept can run the quarter mile in the 9-second range; the car was developed by GM and built in partnership with an electric drag racing team called Hancock and Lane Racing. The concept is based on the 2019 COPO Camaro, but the big V8 in that racing car was ditched in favor of an all-electric drivetrain. The eCOPO has an electric motor generating more than 700hp... Read more...
Chevrolet is spearheading a mobile effort to encourage drivers both young and ol, to put down their smartphones when behind the wheel of an automobile. Ironically (at first glance) the automaker is doing this through a mobile app, Call Me Out, available for Android devices. It's a unique app, however, in that it encourages drivers to put their phone down. That way it works is the app takes recorded messages by family and friends—or whoever—and plays them back to drivers when they pick up their phone. Let's say Erica goes out for a drive. Erica is easily distracted by her phone, whether it's reading text messages or cycling through Spotify playlists. Through the Call Me Out app, her... Read more...
The Detroit Auto Show is just a few months away, which means that the next-generation C8 Chevrolet Corvette is starting to shed more and more of its heavy camouflage. Back in early October, we got a nice look at the track-oriented C8.R racing around Road America wearing final bodywork. This time around, the regular production C8 Corvette has been spotted tooling around at the Nürburging in Germany. General Motors is looking to take on all challengers from Porsche to Ferrari,and has built the C8 on an all-new mid-engine platform. As you can see from the accompanying photos, there is a massive air intake behind the front doors to channel air back to the mid-mounted engine along with... Read more...
In case you haven't already heard (or have been living under a rock for the past two years), the next generation Chevrolet Corvette is going to a mid-engined sports cars. After 60+ years with a front-engine, rear-wheel drive configuration, General Motors apparently feels that it's time for a change to better compete with the exotics from Europe. Although there are numerous images circulating around the internet of the production version of the C8 rolling around on public roads, these new photos are the first we've seen of the new C8.R. Like the C7.R that came before it, this is the race-ready version of the Corvette that will be hitting the racetrack. Let's first start off with the looks of this... Read more...
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