Showing posts with label general motors. Show all posts
Showing posts with label general motors. Show all posts

Thursday, December 21, 2023

FLASHBACK: GM's Rick Wagoner (1998) and FORD's Jac Nasser (1999)

Rick Wagoner, former General Motors Chairman, CEO, COO and CFO over his 32 years at GM until 2009, discusses his career, GM and the auto industry with Richard Saxton in a 1998 CarBiz interview.

Jac Nasser, joined Ford Motor Company in 1968 as a financial analyst and on January 1st, 1999, became Ford's President, CEO and board member until 2001. In this 1999 interview, Richard Saxton and Nasser discuss Ford's acquisition of Volvo, industry consolidation, Ford's profits and strategy, his visit to Ford's new Southern California offices and the overall auto industry.

Friday, January 4, 2019

Another Reuss Rolls In As President of General Motors

Mark Reuss (left) was just named president of General Motors following a long career at GM that began as a student intern in 1983. Most recently, from June 2018, Reuss was executive vice president and president, Cadillac and global portfolio planning and prior to that was executive vice president, Global Product Development, Purchasing and Supply Chain from 2013-2018. Before that, starting in 2009, Reuss was president of General Motors North America. Reuss was born and raised in Detroit and holds a bachelor’s of engineering degree from Vanderbilt University and a master’s of business administration from Duke University. In 2011, Reuss, as President of GM North America, discussed a changing mindset at General Motors (click hear to see his interview).

Richard Saxton with Lloyd Reuss

His 82 year old father, Lloyd Reuss was President of General Motors Corporation from 1990 until his retirement in January 1993. A mechanical engineering grad from the University of Missouri, the older Reuss joined GM in 1959 and was checking out vehicles at the 2010 North American International Auto Show in Detroit with Richard Saxton (right).

Thursday, January 28, 2016

Buick’s First-Ever Super Bowl Ad Features Cascada Convertible

Buick’s first-ever Super Bowl ad, a 30-second spot part of the “Experience the New Buick” campaign, features Buick’s all-new Cascada luxury convertible which goes on sale this summer and stars New York Giants wide receiver Odell Beckham Jr. and actress/model Emily Ratajkowski.

Wednesday, June 24, 2015

2016 Chevrolet Cruze - Larger, Lighter Coming In Early 2016

The all-new 2016 Chevrolet Cruze on a 106.3-inch wheelbase is larger, up to 250 pounds lighter and more efficient with a new, standard 153 horsepower 1.4L turbocharged engine with direct injection mated to either a standard six-speed manual or available six-speed automatic transmission that General Motors estimates helps get 40 mpg on the highway. Stop/start technology helps enhance the Cruze’s efficiency in stop-and-go driving. New model range for North America including L, LS, LT and Premier and a more expressive RS package. Standard features include 10 air bags, four-wheel disc brakes, rearview camera and available OnStar 4G LTE with Wi-Fi hotspot. New, available features include wireless phone charging, heated rear leather seats and a heated, leather-wrapped steering wheel. Available advanced safety features include Side Blind Zone Alert, Rear Cross-Traffic Alert, Lane Keep Assist and Forward Collision Alert. The all-new 2016 Chevrolet Cruze will be offered in more than 40 global markets and goes on sale first in North America in early 2016, with a diesel model to follow in 2017.

Monday, December 22, 2014

2016 Cadillac CTS-V On Sale In Late Summer

The 2016 Cadillac CTS-V, the third generation V-Series luxury sports sedan that launched a decade ago, gets 640 horsepower, delivers 630 lb-ft of torque, sprints from  0-60 in 3.7 seconds and hits a top speed of 200 mph from a new supercharged 6.2L V-8 engine mated to Cadillac’s paddle-shift eight-speed automatic transmission, featuring launch control and Performance Algorithm Shifting. The CTS-V shares the same 114.6-inch wheelbase as the CTS non-V-Series models, but has wider front and rear footprints that enhance grip, reduce body motion and contribute to more direct-feeling steering. The 2016 Cadillac CTS-V launches in late summer.

Wednesday, November 26, 2014

2014 LA Auto Show Video: Cadillac's Andrew Smith On 2016 ATS-V

The 2016 Cadillac ATS-V sedan and coupe (above) have a 455 horsepower 3.6L twin-turbocharged V6 engine mated to a six-speed manual transmission with Active Rev Match, no-lift shifting and launch control or a paddle-shift eight-speed automatic transmission featuring launch control and Performance Algorithm Shift for a 0 - 60 mph time of 3.9 seconds and a top speed of more than 185 mph. The ATS-V has 25-percent greater structural stiffness than non-V models, which contributes to more precise handling and more direct steering responsiveness. The ATS-V features a 5.7-inch, three-window instrument panel cluster display incorporating CUE with Bluetooth connectivity with natural voice recognition, text-to-voice that converts incoming text messages to speech and reads them over the audio system speakers, USB, auxiliary and SD memory card ports and OnStar 4G LTE connectivity with built-in Wi-Fi hotspot. The Performance Data Recorder is controlled via CUE’s color touch screen and recordings can be reviewed on the screen when the vehicle is parked. 2016 Cadillac ATS-V sedan and coupe production begins in spring 2015.  

Andrew Smith, Executive Director, Global Cadillac Design discusses new ATS-V Sedan and Coupe.

Wednesday, January 29, 2014

2015 Chevy Silverado Loaded With Bull For Super Bowl

The 2015 Chevy Silverado HD’s first TV ad, “Romance,” developed by the Silverado’s agency of record, Leo Burnett Detroit was filmed in Austin, Texas, with the soundtrack taken from the 1975 hit, “You Sexy Thing,” by the British group Hot Chocolate. The commercial runs this Sunday during Fox's Super Bowl telecast of the Seattle Seahawks and Denver Broncos.

Tuesday, January 14, 2014

2015 Cadillac ATS Coupe Coming This Summer

The all-new 2015 Cadillac ATS Coupe rides on the same 109.3-inch wheelbase as the sedan offering the choice of rear-wheel drive or all-wheel drive, powered by a 272 horsepower 2.0L turbocharged four-cylinder engine or a 321 horsepower 3.6L six-cylinder engine featuring direct injection and dual overhead camshafts with continuously variable valve timing, and matched with the Hydra-Matic 6L45 six-speed automatic transmission with tap-shift control. A six-speed manual is also available with the 2.0L Turbo. The 2015 Cadillac ATS Coupe goes on sale this summer.

Monday, January 13, 2014

2015 Chevrolet Corvette Z06 With 625 Horsepower Coming Next Year

The 2015 Chevrolet Corvette Z06 with at least 625 horsepower from an all-new LT4 6.2L supercharged V-8 engine, and an all-new, high-performance eight-speed automatic transmission with paddle shifters for manual control. The new Corvette Z06 will be available in early 2015. 

2015 GMC Canyon Pickup Truck Coming This Fall

The 2015 GMC Canyon pickup truck, offered in base, SLE and SLT models, in 2WD and 4WD models, and with an All-Terrain package offered on SLE models, comes with a standard estimated 193 horsepower 2.5L I-4 engine or an available estimated 302 horsepower from 3.6L V-6 engine offering a payload of at least 1,450 pounds and a trailering rating (when properly equipped) of at least 6,700 pounds. A Duramax 2.8L turbodiesel engine is coming in the 2016 model year. GMC will continue to work on and develop the Canyon until the start of production this Fall.

Tuesday, December 10, 2013

GM's Ackerman Retires, Solso Chairman, Barra CEO, Ammann President

Mary Barra, new GM CEO
Dan Ammann, new GM President
General Motors Chairman and CEO Dan Akerson, 65, who took the roles on September 1, 2010, will step down earlier than expected, on Jan. 15, 2014, after his wife was recently diagnosed with an advanced stage of cancer.

Tim Solso, 66, the former chairman and CEO of Cummins will succeed Akerson as Chairman. He's been a member of the GM Board since June 2012.

Mary Barra, 51, with 33 years of experience at GM and currently executive vice president, Global Product Development, Purchasing and Supply Chain, will become the next CEO of the company and join the GM Board. Mark Reuss, 50, executive vice president and president, North America, will replace Barra as executive vice president, Global Product Development, Purchasing and Supply Chain. Alan Batey, 50, currently senior vice president, Global Chevrolet and U.S. Sales and Marketing, will replace Reuss and is named Executive Vice President and President, North America. Batey joined GM’s Vauxhall operation in 1979.

Dan Ammann, 41, executive vice president and chief financial officer, was named company president and will assume responsibility for managing the company’s regional operations around the world. The global Chevrolet and Cadillac brand organizations and GM Financial will also report to Ammann.

Steve Girsky, 51, vice chairman, Corporate Strategy, Business Development and Global Product Planning, will move to a senior advisor role until leaving the company in April 2014. and will remain on the GM Board of Directors.
Ackerman Announces Retriement

Monday, February 15, 2010

General Motors Repairs NADA Relations, They'll Be Back

General Motors did not have much of a presence at the NADA in Orlando this year but promises to next year in San Francisco after discussions among NADA brass and GM's North American President Mark Ruess and Susan Docherty, GM's Vice President of U.S. Sales resulted in commitments. Docherty had a private meeting with 300 dealers in Orlando.

K.C. Crain, Mark Ruess, Keith Crain, Richard Saxton at Automotive News booth on NADA Show floor. Ruess was happy to be at NADA and looks for strong participation next year.

Friday, December 18, 2009

Saab Winding Down Operations After Spyker Sale Fails

General Motors will start an orderly wind-down of Saab operations after GM failed to complete a sale transaction with Dutch car builder Spyker Cars. Spyker said that during the due diligence, certain issues arose that both parties believe cannot be resolved prior to the December 31st deadline set by GM. Spyker became involved in acquiring Saab after the withdrawal of Koenigsegg Group AB last month.

GM says it "expects Saab to satisfy debts including supplier payments, and to wind down production and the distribution channel in an orderly manner while looking after our customers. Saab will continue to honor warranties, while providing service and spare parts to current Saab owners around the world."

Last week, Saab Automobile AB announced that it had closed on the sale of certain Saab 9-3, current 9-5 and powertrain technology and tooling to Beijing Automotive Industry Holdings Co. Ltd.

BMW Is Favorite To Gain Saab Buyers -
With the announcement today that GM will shutter its Saab division, BMW may be a winner, according to cross-shopping data from  Thirty-three percent of Saab shoppers also looked at BMW vehicles while researching and comparing new and used vehicles on, a larger percentage than looked at any other brand.

31% of Saab shoppers also looked at Audi models listed for sale on  29% looked at Volvo, 27% at VW and Toyota, 24% at Honda and Mercedes-Benz, 23% at Ford and 22% at Chevrolet. Having said that, Saab's year-to-date 2009 sales in the U.S. through November stands at 7,812, a 61.3% drop from 2008, so when that kind of low volume is scattered around, will it really make a difference?

In other GM news, the company says it will begin loan repayments to the U.S. and Canadian and Ontario governments, paying $1.0 billion to the U.S. Treasury and $192 million to Export Development Canada.

Sunday, November 22, 2009

2011 Cadillac CTS Coupe Coming This Spring

The 2011 Cadillac CTS Coupe unveiled today comes with a 304 horsepower direct injected 3.6-liter V-6 engine which runs on regular unleaded gasoline with an EPA-estimated fuel economy of 27 mpg on the highway. There are two transmission options: the standard six-speed manual, featuring a revised clutch and dual-mass flywheel and optional 6-speed automatic transmission with Driver Shift Control (and available steering wheel mounted shift buttons). There is a rear-wheel or all-wheel drive option. The CTS Coupe's design carries over virtually unchanged from the concept car that was introduced at the North American International Auto Show in Detroit in 2008. The coupe has the same wheelbase as the CTS sedan and is approximately two inches lower and two inches shorter and shares the same instrument panel, console, headlamps, front fenders and grille as the four door version.

Some high tech features include touch-pad controlled doors which removes the need for conventional door handles and a 40-gig hard drive, including the ability to store music and pause-and-replay live radio. Two suspension-tuning levels are available: a Performance Package with 18-inch wheels and all-season tires (available in both RWD and AWD,) and the Summer Tire Performance Package, with 19-inch tires and wheels and a higher level of road holding capability. StabiliTrak, the advanced electronic chassis control system, is standard. The 2011 CTS Coupe will be in Cadillac showrooms in the spring of 2010.

Saturday, November 21, 2009

General Motors Money Back Guarantee Brings 193 Returns So Far

On September 10, 2009, General Motors announced that it will offer a Satisfaction Guarantee to eligible buyers of new Chevrolet, Buick, GMC and Cadillac vehicles. The program started Sept. 14. The guarantee allows customers to return their vehicle to their dealer between 31 and 60 days of purchase and receive a refund of the purchase price for the vehicle. That should be plenty of time to evaluate the vehicle, afterall an elite number of journalists usually get a week behind the wheel to generate a vehicle review that may or may not effect the purchase process.

This past Thursday on Nov. 18, or 65 days after the offer started, General Motors issued a press release saying that 653 customers to date have taken the 60-day Money Back Guarantee return in lieu of a $500 discount on a new vehicle purchase. 53 vehicles have been returned and about 140 others are in the process. In October, GM sold 177,603 vehicles so the 193 returns is barely a rounding error. One of the criteria is that customers must take delivery by Nov. 30th, so by early February we should have a good idea of how many people rejected their GM vehicle for whatever reason and returned it.

GM says that "every potential walk away is getting an exit interview from (Vice President of Global Product Engineering Mark) Reuss or one of his engineering leadership team." Now hopefully they'll survey the other 1.7 million plus customers who bought GM vehicles this year and owned them longer than 60 days to get better info on their products. If GM needs help, I have the answer, so send me an email or post a comment.

Thursday, November 19, 2009

Los Angeles Puts On The Fritz, Chicago Serves Sergio

 Frederick (Fritz) Henderson , president and chief executive officer of General Motors - (pictured left at 2009 Frankfurt Auto Show) will kick off the Los Angeles Auto Show by delivering the Motor Press Guild (MPG) keynote address the morning of Dec. 2, 2009. Henderson was elected GM president and chief executive officer in March 2009. Prior to that, he had been GM president and chief operating officer since March 2008. He was vice chairman and chief financial officer from January 2006 to March 2008.

Henderson started his career at GM as a senior analyst in 1984 and was promoted to several positions of increasing responsibility before becoming GMAC group vice president of finance in Detroit in 1992. He went on to serve as president of GM Latin America, Africa and Middle East, president of GM Asia Pacific, and chairman of GM Europe.

Sergio Marchionne, Chief Executive Officer of Chrysler Group LLC - (in a Frankfurt Auto Show media frenzy) will address the Economic Club of Chicago at the group's annual Chicago Auto Show luncheon meeting on Feb. 11, 2010. Sergio Marchionne serves as Chief Executive Officer of Fiat S.p.A., Turin, and Fiat Group Automobiles. He has been a member of the supervisory board of Fiat S.p.A. since 2003 and has served as CEO of the company since June 2004.  He is also a member of Acea (European Automobile Manufacturers Association).