Filed under: Car Buying, Auction Action, Marketing/Advertising, Chrysler, GM, Lexus
Way back in February, General Motors announced it would be listing all of it Certified Pre-Owned vehicles on eBay Motors, and it took until now to actually make that happen. To go along with GM, Chrysler and Lexus have also joined up, with eBay Motors making a special section of its website specifically for CPO vehicles. The new site, which can be found here, went live yesterday and is sponsored exclusively by Lexus. It’s also provided at no cost to any dealer looking for another outlet to advertise its inventory.
A quick check of the new hub shows that both eBay’s classic auction-style listings and regular classified ads are listed together. The site’s search functionality allows users to find vehicles located near their zip code, meaning it should prove awfully easy to find that brand-spanking-used Chrysler Sebring you’ve been foaming at the mouth for.
[Source: Automotive News - sub. req’d]
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Filed under: GM
One upside to a faltering real estate market is a plethora of good buys on property. General Motors took advantage of that fact by purchasing its Renaissance Center headquarters in Detroit for $626 million in cash. For another $200 million it picked up a couple of office buildings in Pontiac, too.
GM spokeswoman Renee Rashid-Menem told The Associated Press that the company’s lease was up for renewal on May 1, but they saw a good opportunity to get a deal on the place. She went on to say that as the real estate market improves, the company could sell the property and return to a lease arrangement.
Here’s an interesting piece of trivia many outside the Detroit area may not know. Henry Ford II and Ford’s real estate division built the Renaissance Center in 1977. General Motors claimed it as its HQ in 1996 and in 2005 completed a $500 million improvement project.
[Source: AP via Yahoo Finance]
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Filed under: Etc., GM
GM has seen plenty of tough times over the past few years, and even the company’s top executives have felt the pinch. Executive pay was among the items cut as the General waded through multi-billion-dollar losses and immense market pressure, but after two years of cuts, the members of GM’s top brass are getting their old salaries back. Top boss Rick Wagoner’s base pay went as “low” as $1.1M but is now back to its 2003 level of $2.2M. Product czar Bob Lutz and money man Fritz Henderson also had their pay restored, and Fritz even got a raise to reflect his promotion to COO. Many of the pay cuts were voluntary in recognition of GM’s market struggles, but even with the cuts in base pay, overall executive pay packages are worth a lot more than just the salaries alone. Wagoner, for example, was paid $14.4M in 2007, while Maximum Bob came in at $6.9M.
[Source: Auto News (subs. req’d)]
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Filed under: Crossovers/CUVs, GM, UAW/Unions
This morning, UAW workers at General Motor’s Lansing Delta Township plant in Michigan have began a work stoppage, halting production of the Saturn Outlook, Buick Enclave and GMC Acadia. Both GM and the UAW are remaining mum on why the strike began, but it’s likely due to an unsigned contract that covers work rules. However, according to the Lansing State Journal, 2,300 workers are employed at the plant, and while hourly workers are walking the picket line, salaried employees reported for duty.
[Source: Autoweek]
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Filed under: Car Buying, Marketing/Advertising, Chevrolet, GM, UK
Click above for a high-res gallery of Chevy’s “fitting rooms”
In what has to be the most ridiculous or utterly ingenious marketing ploy to date, Chevrolet has set up a drive-in fitting room outside a London dealership to allow consumers to “try on” their car before they buy. According to GM’s research and marketing hacks, three out of four consumers consider their car to be a status symbol, despite 95-percent of people having no idea what they look like inside their car. As strange and admittedly vain as this campaign is, we can’t help but think that it isn’t an entirely bad idea. However, we doubt that it’s going to make the trek across the pond and redefine our dealership experience.
GM’s full press release is available after the jump.
Continue reading Chevy caters to insecurity, trials drive-in fitting room
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Filed under: Sedans/Saloons, Recalls/TSBs, Hatchbacks, GM, Pontiac, Toyota
Joint manufacturing ventures allow both automakers to share resources and platforms, but unfortunately, it also means they share problems. Such is the case with GM and Toyota, whose NUMMI plant in Fremont, California, put out 540,000 Toyota Matrixes, Corollas and 123,00 Pontiac Vibes with faulty bolts that hold in the glass on the two front doors. The 660,000 2003-2004 vehicles equipped with power windows are being recalled after 500 complaints, 36 claimed injuries and one crash (?!) were reported. The National Highway Traffic Safety Administration is calling for both automakers to recall the affected vehicles and replace the faulty bolts at no charge.
[Source: Automotive News - Sub. Req.]
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Filed under: Car Buying, Garage, Hatchbacks, GM, Saturn, Driving
Click above for high-res gallery of the 2008 Saturn Astra
Enthusiasts here in the States have long wondered why they couldn’t buy Ford and GM small cars from Europe, and at least part of the answer has been that Americans don’t want to pay big bucks for premium small cars. Spiking gasoline prices have quelled that argument, and fuel economy is now towards the top of shoppers’ lists when looking for a new car or truck.
While Ford is still more than a year away from bringing over the Euro Focus and Fiesta, GM has made the cross-Atlantic jump by importing the Opel Astra to our shores. The Astra is a hot-selling hatch in Europe with high-end amenities and very good fuel economy, and the model is shipping to the U.S. differentiated from its Euro twin by some Saturn logos and little else. We were itching to get our hands on an Astra to see if it were as good as advertised, and our tester came equipped with everything Saturn could throw at the vehicle. Hit the jump to see how the 2009 Saturn Astra fared in the Autoblog Garage.
All photos Copyright (C)2008 Chris Shunk / Weblogs, Inc.
Continue reading In the Autoblog Garage: 2008 Saturn Astra XR
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Filed under: Plants/Manufacturing, GM, UAW/Unions
The United Auto Workers (UAW) are gearing up to strike against General Motors if progress isn’t made on local negotiations affecting three factories in the U.S. The workers at the Arlington, Texas; Parma, Ohio; and Delta Township, Michigan plants are required to give the General a five day notice before the stoppage occurs, and they’ve told GM’s negotiators that if progress isn’t made in five days on the local contracts, they’ll be laying down their tools. The dispute is primarily over which factory workers will be forced into a lower wage rate. If the work stoppage occurs, it will further compound issues GM is already facing with the American Axle strike, which has forced the automaker to slow or stop production at 30 factories across the U.S and Canada.
[Source: Detroit News]
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Filed under: Garage, Hybrids/Alternative, Sedans/Saloons, Marketing/Advertising, Tech, Chevrolet
If the Chevy Volt were a 150 mpg dairy cow, the General’s marketing department would have a hand on every utter. The Volt is still more than two years from production, and the series hybrid is all over the Internet, TV, and magazines. When a vehicle promises as much as the Volt does, though, any update is big news. This time, engineers have come up with a computer algorithm to accelerate battery durability testing. The test increases battery testing from ten years to two by duplicating real-life vehicle speed and cargo-carrying conditions in a controlled environment while constantly recharging the batteries. The next step for the Volt is test mules that can put GM’s e-Flex system through more unpredictable conditions like snow storms and Michigan potholes.
Since the Volt’s 375-pound battery pack resides down the center of the car and beneath its rear seats, GM had some unique packaging issues to optimize interior space. Volt design director Tim Greig described the Volt’s four seats as far apart from one another, which gives the vehicle’s occupants more personal space. Designers had to be keenly aware of aerodynamics when designing the Volt, which means a lower roof-line, yet a 6′ 2″ adult can fit in any of the four seats. For more on the Generals Chevy Volt update, go to Autoblog Green, or hit the jump to check out GM’s press release.
Continue reading Charge! GM gives update on Volt development, describes interior
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Filed under: Sedans/Saloons, Chevrolet, GM, UAW/Unions
The five week-old strike at American Axle is finally starting to wear on GM, and the General has decided to move a small but crucial parts contract over to rival supplier Dana to help get its truck plants moving again. The 30,000-unit prop shaft contract for light pickups is considered a small deal, but the fact that GM is beginning to move on shows that the strike, which began on February 26, is beginning to take its toll on the giant automaker. The move is going to anger the striking workers, but it will also likely help get American Axle management back at the bargaining table.
Recent events show that still more GM plants are being hurt by the strike, as the plant that builds the Buick Lucerne and Cadillac DTS was shut down last Friday, and Automotive News reports the Chevy Cobalt plant could idle this week. Perhaps the biggest news of all is that GM is running out of rear suspension knuckles for the hot-selling Chevy Malibu. Since the General is in the middle of a mega-million dollar ad push for the North American Car of the Year, we’re guessing a work stoppage at the Orion, MI plant won’t be taken lightly. This ever-lengthening strike may have started out as a non-story, but lost production on a grand scale of some of GM’s most profitable products will hurt GM, American Axle, and its 3,600 workers in the long run.
[Source: Automotive News - subs. req’d]
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