Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts

25% of Americans Couldn’t Afford a US$2,000 Car Repair Bill

Monday, August 15, 2011

The former American Automobile Association, now known by its acronym AAA, is probably the most recognisable organisation of its type in the world.
And with some 52 million members, it’s also one of the world’s largest if not the largest automobile associations in the world.
Suffice to say, when the AAA speaks, the world listens. In a recent telephone survey of 1,009 adults in the continental United States, the AAA found that 12.5% couldn’t cover a US$1,000 (€701) car repair bill and 25% couldn’t cover US$2,000 (€1,402) car repair bill.
Additionally, 50% of those surveyed are holding on to an older vehicle until the economic climate improves and 25% have neglected repairs or basic maintenance on those vehicles over the last twelve months. Doing so, the AAA says, can greatly increase the risk of major and costly repairs.
Marshall L. Doney, AAA’s VP for Automotive and Financial Services explains:
“Economic conditions have taken their toll on many Americans resulting in them neglecting their cars and leaving them at increased risk for very expensive repair bills. Many Americans rely on their cars for their livelihood and losing access to them could be financially devastating during an already troubling economic time."
"It’s important for drivers to not only continue to maintain their vehicles, but also have a financial emergency plan in place should they be faced with a sudden unexpected auto repair bill,” continued Doney.
Of those who can afford the US$2,000 repair bill, 38% said they would pay with their savings account, 20% said they would pay by credit card and 11% would have to borrow money from friends, family, their retirement fund or home equity to pay it.
Things are a little less grim for those can afford the US$1,000 bill. 46% said they would pay with their savings account, 22% would pay with their credit cards and 14% would need to borrow money.
Such bills are not unheard of with older vehicles, especially those that have been mistreated or improperly maintained. A transmission repair can cost anywhere from US$2,000 (€1,402) to US$4,000 (€2,804) and engine repairs can exceed US$5,000 (€3,506).
Similarly, major brake repairs or a new set of tires can pull US$300 (€210) to US$1,000 (€701) depending on the make and model.
All in all, the AAA survey should give owners of older vehicles something to think about in the coming months or years of ownership.

 















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Opel Says Second Generation Ampera Will be Cheaper

Saturday, August 13, 2011

Even though deliveries of Opel’s extended-range hybrid aren’t expected to begin until early 2012, the company is already planning the successor to the Chevy Volt’s European alter-ego.
According to British magazine Autocar, the second generation of the Opel / Vauxhall Ampera is scheduled for release in 2015 and, if sources from within the company are reliable, it feature a more radical design and a lower starting price than the current model.
In the UK for example, the Vauxhall Ampera, which is already available to order, costs a rather steep £28,995 –and that is after the government’s £5,000 rebate. Opel engineers say that the battery pack alone costs around £7,000 but improvements in technology in the next four years will enable the company to reduce the cost by 50%.
However, that’s not enough. Opel CEO Nick Reilly said the price of the Ampera will be further reduced by economies of scale due to increased demand and more localized production: “We have an education job to do on the technology of the Ampera, but that will come in time. We hope that it will establish itself as a market leader and we’ll be able to capitalize on that with a cheaper, more expressively designed second generation model”.
Economies of scale could also come from fitting the Ampera’s extended-range powertrain in other Opel and Vauxhall models. If this happens, then the cost of tooling and manufacturing would drop significantly further lowering the costs.
Nevertheless, GM has to first assess sales of the model before it goes ahead with any decision, such as manufacturing its next generation in Europe, as it currently builds it alongside the Volt at its Warren, Michigan plant in the US. So far, things are looking good since 7,000 of the 10,000 units allocated for 2012 are already presold, with 75% of the sales going to fleet customers.
Opel would also like to give the next-gen Ampera a more aggressive style that will be more in line with the other models in its range.
The German firm's designers didn’t have a lot of freedom in the first generation because of the restraints forced on them by the car being a rebadged Volt. If they get the green light, the 2015 model will follow the company's new design “language” , recently previewed in the brand-new Opel Zafira Tourer.


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GM is World’s Number One Automaker, Toyota Drops to 3rd Place

Friday, August 12, 2011

Well, it was almost certain to happen after the March 11 earthquake and Tsunami hit Japan causing multiple problems to the country's automotive industry. Toyota, the world’s largest carmaker, saw its production drop by 23% to 3.37 million units for the first half of the year - and includes sales of Lexus, Daihatsu and Hino vehicles.
As a result, the Japanese company lost the title of the world’s largest automaker that it held since 2008 to General Motors, which saw its sales rise by 8.9% to 4.536 million units for the first six months of 2011. For the time being, second place goes to the Volkswagen Group which sold 4.13 million units worldwide.
Toyota has announced that its factories already operate at 90% of their capacity since June and expects production to fully recover by November. Moreover, it will produce an additional 350,000 units from October until next March to make up for the lost ground.
However, analysts like Carnorama’s Takeshi Miyao, don't believe that Toyota can recuperate quickly: “Even if it recovers production it will take another few more months for sales to recover too, as it takes time to deliver the cars to the dealers. Therefore, Toyota may even trail VW in the full year as well”.


















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2012 Buick GS and Buick eAssist Prices

Thursday, August 11, 2011

This fall will see Buick adding two more offerings to its Regal range, namely the performance orientated GS that's powered by a turbocharged four, and the fuel efficient eAssist featuring a "light" hybrid powertrain.
Pricing for the 2012 Regal GS starts at $35,310 while the 2012 Regal eAssist at $29,530 , with both prices including $860 in destination charges.
The Regal GS comes with a 2.0-liter turbocharged four-cylinder engine producing 270 horsepower (201kW) and 295 lb.-ft. of torque (400Nm). Power is transferred to the front-wheels through a six-speed manual gearbox, with a six-speed automatic to be available later in the year. The Regal GS returns an estimated fuel economy of 27 mpg on the highway.
Standard features include 19-inch rims, push-button start; a leather-wrapped, flat-bottom sport steering wheel with audio controls; metal sport pedals; leather-appointed, heated and 12-way adjustable sport seats and a Harman Kardon sound system with nine speakers.
The Regal eAssist features a belt-driven, liquid-cooled electric motor/generator in place of the alternator that provides15HP (11 kW) and 79 lb-ft of assistance for the 2.4-liter four-cylinder engine.
The system allows the Regal eAssist to deliver an EPA-rated 25 mpg in the city and 36 mpg on the highway.
Buick said the eAssist system is a $2,000 option on the Regal base model which will continue to be offered as a standalone model with the 2.4-liter gasoline engine.

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Hacking your Car through a Smart Phone

Sunday, August 7, 2011

Security consulting firm iSec Partners warns drivers that thieves could exploit smart phone apps that allow the unlocking and starting of cars remotely.

Researchers Don Bailey and Mathew Solnik have hacked the protocols some of these apps use and demonstrated how they can take advantage of them using a laptop.
According to Mr. Bailey, the whole process of hacking and improvising the signals these apps send – what he dubs “war texting” – can take as little as two hours.
Mr. Bailey will discuss the research at Black Hat Technical Security Conference in Las Vegas this week. Of course, he won’t name the products or provide full technical details of Mr. Solnik and his work until the software makers can patch them. GM, Mercedes-Benz and BMW all use the technology in one form or another.
Bailey and his cohort intercepted messages sent between the server and the target vehicle over standard mobile networks. He explains:
"We reverse-engineer the protocol and then we build our own tools to use that protocol to contact that system.”
Researchers at iSec think this is indicative of a more widespread problem created by the proliferation of “cheap and easy” mobile networking technology.
Bailey suspects that security considerations are often minimally addressed, thereby making devices using the technology susceptible to exploitation and misuse.



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Chevy Uses Solar Power to Charge Volts

Chevrolet announced today that it is installing solar-powered electric charging stations at two dozen dealerships in North America as part of its Green Zone initiative.

The new units will generate enough electricity to fully-charge 12 Chevrolet Volts a day, while excess electricity created will be used to power the dealership, supplementing their power needs. According to the Detroit automaker, each canopy generates enough electricity for up to 4,500 charges per vehicle annually.
“The beauty of this program is that there is no capital cost required from the dealership” said Dave Halvorson, president of American Chevrolet in Modesto, California which, along with Al Serra Auto Plaza in Michigan will be the first two dealerships to become a part of the Green Zone initiative.
“The question isn’t whether to install a solar canopy, it’s where and how many” added Joe Serra, president of Serra Automotive. “It’s a win for us because the electricity generated will help reduce operating costs, and it’s a win for the environment since solar power helps reduce our carbon footprint.”
The Chevy Green Zone is a part of GM’s plan to invest $7.5 million in Sunlogics, a solar panel manufacturing and development company that will manufacture and install both the solar panels and the charging stations.


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More American Car Buyers Opting for 4-Cylinder Over V6 and V8 Engines

Tuesday, July 26, 2011

Once upon a time, in the land of the free and the home of the brave, most consumers liked their cars with six- or eight-cylinder engines. Blame the rising costs of fuels or advances in technology, but now, American buyers are turning to smaller 4-cylinder units in increasing numbers.

According to a report from IHS Automotive, in the first half of the year, more than 43% of the light vehicles sold in the US were equipped with four-cylinder engines, compared to just 30% five years ago.
It was the opposite in 2006, when V6s had a 43% market share. In the meantime, four cylinders’ sales rose and those of six-cylinders declined, with the former overtaking the latter in 2009. The V8 is losing ground even faster: its sales account for one in every six vehicles, whereas in 2005 that number was one in three.
The four-cylinder domination is even bigger if you do not take into account fleet sales, where many vehicles are trucks or vans with V6 or V8 engines.
The choice of fewer cylinders in new cars is explained by the downsizing trend, due to the increasing oil prices and the manufacturers’ efforts to build more fuel-efficient cars in order to meet the 35.5 mpg average consumption target set by the government for 2016.
For example, Ford’s new Ecoboost turbocharged four-cylinder coupled with six-speed transmission as standard has been introduced in many new models in its US line-up.
In addition, sales of smaller vehicles in the US are increasing, with small and mid-size sedans accounting for 44% of sales in 2001, compared to 36% six years ago.


















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Ford Marketing Boss Tells GM to Stick it in Upcoming Book

Saturday, July 23, 2011

We’re not used to automotive execs using foul language or trashing the competition when speaking out in the open and/or in public, so we were somewhat surprised with some of the comments allegedly made by Ford Motor Company Vice President of Marketing and Communications, Jim Farley.
According to Jalopnik, the Ford executive who joined the Detroit automaker in 2007 after nearly two decades at Toyota and Lexus, was quoted in a book as saying that he is “going to beat Chevrolet on the head with a bat” and that he hates GM.
And oh, Farely reportedly dropped the “F’ bomb on the General as well….
The quotes you’re about to read are said to have come from early copies of the book "Once Upon A Car” from New York Times reporter, Bill Vlasic. The book is scheduled for release to the public in October this year.



"What Jim Farley really wanted to do was kick the daylights out of General Motors. "I'm going to beat Chevrolet on the head with bat," he said with a slightly wicked smile. "And I'm going to enjoy it." There was a saying going around Ford: GM was like the kid who was born on third base and yells out, "Hey Ma, I hit a triple!" Farley and his fellow Ford executives and workers were ready to rumble."
...This was like the glory days again — Ford versus GM, let the better car company win. "We're going to beat on them, and it's going to be fun," said Farley. "F—- GM. I hate them and their company and what they stand for. And I hate the way they're succeeding."


Jalopnik came in touch with both GM and Ford to comment on the matter. Here’s what the PR people told them:
GM Spokesman Jay Cooney: "We would not have expected such crass words coming from Ford."
Ford Spokesman John Stoll: “We have not yet seen the book and are unable to comment on the specific quotes. This is a passionate, competitive industry, and we respect all of our competitors.”
So, if Farley did indeed speak these harsh words on Ford’s rival, what do you say?


















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GM Confirms Chevrolet Cruze Diesel for the USA

We’d heard rumors that a diesel-powered version of the Chevrolet Cruze was being readied for the U.S., but now it’s official as General Motors announced today that the diesel variant will be added to the compact model’s North American lineup in calendar year 2013.
However, that’s about all we get from GM as the Detroit company stated that it will release further details on the car at a later date.
Currently, the most fuel efficient model in the Cruze range is the Eco model featuring a standard six-speed manual gearbox with an EPA-rated 42 mpg (equal to 5.6lt/100km) on the highway.
Chevrolet already offers the Cruze with a 2.0-liter turbocharged four-cylinder diesel engine in other regions including Europe and Australia.
The latest version of the 2.0-liter oil burner delivers 161HP (120kW / 163PS) at 3,800rpm and 360 Nm (265.5 lb-ft) of peak torque at 1,750 rpm.
It’s fuel economy on the combined European cycle (which can’t be directly compared to U.S. combined figures) is rated at 5.6 lt/100km [42mpg US] when equipped with a six-speed manual gearbox and at 6.7lt/100km [35.1mpg US] with the optional six-speed automatic.


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Chevrolet and OnStar to Monitor Volt Drivers’ Charging Habits

Wednesday, July 20, 2011

General Motors and OnStar announced a new program that will be applied to the Chevrolet Voltand which will use the car’s built-in telematics system to send data from the vehicle to the power grid.
This will enable the carmaker to track the charging habits of the vehicle’s drivers so as to better manage the car’s energy supply.
“In contrast to other OEMs who are only talking about smart grid technology, we’re moving beyond research and development projects to a program in the real world,” said Nick Pudar, OnStar vice president of planning and business development.
“Through this pilot we will see real-time results on how intelligent energy management can maximize EV charging efficiency and minimize the electric bill for EV drivers.”
The program will begin in third quarter of 2011 and initially will not be available to customers. Instead, it will include hundreds of Volts leased by General Electric to assess their drivers’ charging behavior.
This gives data in real-world situations providing GM and OnStar with valuable information for the optimization of the ATOMS (Advanced Operations Management System) utility that monitors the program.
Once available to the public, the program will be optional for Volt customers. Those who choose the service will be offered discounts or other incentives to encourage them to charge their hybrids when overall electricity demand is at its lowest levels.


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