Archive for the ‘Buick’ Category

Toyota, Lexus May Still Rule, But Japanese No Longer Dominate Vehicle Reliability

Chevy delivers a surprise in J.D. Power 2019 Vehicle Dependability Study.

by on Feb.13, 2019

The Prius is one of the vehicles that helped Toyota lead the latest J.D. Power Vehicle Dependability Study.

Toyota and its luxury arm Lexus captured the top spots among mainstream and premium brands in the latest J.D. Power Vehicle Dependability Study, but the 2019 VDS also delivered more than a few surprises when it comes to how three-year-old vehicles are holding up.

The study placed Lexus at the top of the charts, followed by Porsche and then Toyota, but Chevrolet nabbed the fourth spot, a significant turnaround for a brand struggling to convince potential buyers it has overcome the quality and reliability issues of the past.

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The new Power VDS shows that Japanese automakers no longer have a lock on vehicle dependability. Tellingly, only Toyota and Lexus landed in the top 10 this year, while the list also included two American brands, four from Germany and both of the South Korean carmakers operating in the U.S.: Hyundai and Kia. (more…)

GM Offering $25K Reward to Catch Noose Hangers

Company ups effort to end racist acts in Ohio plant.

by on Feb.12, 2019

Several employees have reported incidents of racial intimidation at GM's powertrain plant in Toledo, Ohio.

General Motors’ battle against racist acts in an Ohio plant is getting more serious as the automaker is now offering a $25,000 reward to anyone who has information about nooses and other racist symbols appearing at the site.

The company began offering the $25,000 reward in January at the GM Powertrain plant in Toledo, after a string of complaints from employees about the behavior of other employees starting in early 2017 and symbols evolved into a lawsuit against the company in the fall of 2018.

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“We have zero tolerance for discrimination, and we’re doing everything we can to identify the culprit. This is another step we’ve taken, working with police to intensify the investigation,” GM said in a statement to the Free Press. “We’re outraged that anyone would face threats, and our hearts go out to anyone affected by this bigotry.” (more…)

Rock Star Sting Joins Protest Against GM Oshawa Closure

Musician shows support with performance of musical in Oshawa.

by on Feb.11, 2019

Actor/musician Sting and the cast of The Last Ship in Toronto are going to Oshawa for a free performance to support workers at the GM plant that is shutting down.

Union workers at General Motors’ plant in Oshawa, Ontario, have found a high-profile ally in their fight to prevent the announced closure of the plant: Musical star Sting.

The musician, who has won multiple Grammys and fronted The Police before expanding into acting and musical theater, is joining forces with Unifor in protest of the plant closure. He and the cast of his musical, The Last Ship, are performing in Oshawa on Thursday.

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The musical is currently playing at the Princess of Wales Theatre in Toronto. However, it will travel to Oshawa for this performance – at no cost. Unifor is paying the cost to rent the theater. (more…)

Pickups, SUVs Push GM Profit Well Above Expectations

Automaker betting numbers will look even better as truck production ramps up in 2019.

by on Feb.06, 2019

GM reported stronger than expected earnings as Chairman and CEO Mary Barra continues to reshape the company.

General Motors handily beat Wall Street’s earnings forecast for the fourth quarter and full year a strong performance that reflects both booming truck demand and the payoff of shedding the company’s long-struggling European operations.

For the final quarter of 2018, GM delivered earnings of $1.43 a share — $1.40 after excluding special items. The consensus, according to Zacks Investment Research, was $1.24. For the full year, earnings came to $6.54 a share, well ahead of the consensus forecast of $6.29. After special charges, the figure dropped to $5.58 per share.

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GM’s overall $8.1 billion profit for all of 2018 was more than double the $3.9 billion number from the year before, but the 2017 figure reflected a significant hit from the sell-off of the company’s long-troubled European Opel-Vauxhall subsidiary. It was acquired by PSA Group, parent of the Peugeot and Citroen brands. (more…)

General Motors Set to Begin About 4,000 Layoffs on Monday

Goal is to complete handing out pink slips before Q4 earnings release.

by on Feb.01, 2019

General Motors plans to terminate 4,000 jobs in its North American operations on Monday.

General Motors will begin involuntary layoffs on Monday, hoping to complete the latest round of cutbacks before releasing its fourth-quarter earnings on Wednesday.

In all, about 4,000 workers in its North American operations will be terminated, part of a broader series of cuts expected to save the automaker billions of dollars and help it prepare for an expected slowdown of the U.S. automotive market during the next several years.

The Last Word!

“This is not going to be like Black Friday,” one source told bingdb.info, referring to the massive cutback GM ordered in the run-up to its 2010 bankruptcy. (more…)

GM Investing $22 Million in Spring Hill Engine Plant

New Cadillac gets new engine.

by on Jan.24, 2019

The Spring Hill plant will build the new 6.2-liter V8 for GM's full-size trucks.

(This story has been updated for clarity.)

General Motors plans to invest $22 million at its plant in Spring Hill, Tennessee plant to build its newest fuel-efficient engines.

Additionally, GM will add more than 200 jobs at the plant to make its new three-row Cadillac crossover, the XT6. The new crossover is expected to hit showrooms in late spring.

Plant News!

The plant employs about 3,800 people. (more…)

Union, Activists Plan GM Protests Outside Charity Preview

Rally to call to light unfairness of plant shutdowns.

by on Jan.17, 2019

The UAW plans to hold a candlelight vigil outside of the NAIAS charity preview to protest GM's planned plant closures.

The Union Auto Workers and union activists are planning demonstration ahead of North American International Auto Show charity preview to protest General Motors’ plans to close five plants.

The UAW is organizing a candlelight vigil at the Labor Monument on Jefferson a short distance from Cobo Center, starting at 4:30 p.m. “Recent announcements from GM concerning plants in the U.S. will have a devastating effect on members of the UAW family,” the union said in announcing the vigil.

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The union, along with Unifor, the union representing autoworkers in Canada, has been waging a letter-writing campaign to protest GM’s plans to close five assembly and manufacturing plants in the U.S. (more…)

Key Message Lost in GM’s Plant Closing Announcement, Barra Says

Company offered jobs to all 2,700 employees affected.

by on Jan.17, 2019

GM CEO Mary Barra told the Automotive News World Congress that she understood why people were upset by GM's plans to close five plants.

General Motors fumbled its recent announcement about its plans to close plants in the U.S. and Canada, GM’s top executive acknowledged.

During an appearance at the annual Automotive News World Congress, GM Chairman and CEO Mary Barra said the timing of the announcement in November that the company planned to close plants in and around Detroit, Lordstown, Ohio, Baltimore and Oshawa, Ontario, was driven by the change in customer preferences away from cars and to SUVs.

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“Having been at General Motors for 38 years, I feel a huge obligation to make sure that General Motors is successful not just a for a few years. I want GM to be successful for many, many decades,” Barra said. (more…)

GM Expects Bigger Profits, More Transformation in 2019

Company wants to make workforce changes during strong labor market.

by on Jan.11, 2019

GM CEO Mary Barra is leading the transformation of the company's manufacturing footprint.

General Motors Co. expects earnings to grow in 2019 as it restructures, picks up the pace of moving towards what Chairman Mary Barra described as an “all-electric” future, and maintains its market share in China.

“We will continue to strengthen our core business and invest in the technologies that will transform the future of mobility. Managing both well is critical to position General Motors for success for generations to come,” Barra said, adding that it was better to tackle this restructuring during a strong labor market.

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“We are committed to driving significant shareholder value over the long term as we drive the transformation,” she added. (more…)

Canadian Workers Return After Protest at GM’s Oshawa Plant

Union staged sit-down strike after GM rejects proposals.

by on Jan.10, 2019

Workers at GM's plant in Oshawa, Ontario, staged a sit-down strike after the company rejected plans to keep the plant open.

Workers at General Motors’ Oshawa Assembly Plant outside of Toronto have returned to work after a brief sit-down strike this week that began a few hours after GM rejected a plan proposed by their union to keep the plant open until the end of 2019.

“The workers were so upset they couldn’t work. They couldn’t believe that General Motors had announced that all their hard work was going to be rewarded by canceling their livelihoods, by telling them the plant is closing,” Greg Moffatt, the plant chair representing Unifor workers at GM’s Oshawa facility, told reporters late Tuesday evening, according to Canadian Press.

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Production resumed Wednesday, however, but leaders of union representing some 3,000 Canadian automakers in Oshawa have vowed to continue the fight to save the plant. (more…)

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