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GM pulls out early of used-car incentive, dealers not happy




It's not that General Motors doesn't want its dealer body to shift certified pre-owned Impalas, G6s, Silverados, or Sierras. GM rolled out a program to help make the used cars attractive by offering 60 month loans with a 3.9 percent interest rate between October 1st and January 5th, thus helping dealers close deals on higher-margin inventory. Just a month in, however, GM is folding up its incentive tent and going home, leaving dealers holding the bag on lots full of cars they'd bought in anticipation of selling as part of the program. GM's reason for killing the incentive program on November 3rd is a lack of credit, though the automaker plans to introduce a new certified pre-owned incentive on November 4th. In the meantime, you can likely get a lightly used example of the featured cars for a very attractive price.

[Source: Auto News - sub req]

Tahoe, Yukon and Escalade not being replaced



The full-size SUV's future is on shaky legs and now, reports have surfaced that General Motors has killed the next generation Tahoe and Yukon 'utes, just weeks after announcing it would shutter its SUV plant in Janesville, Wisconsin. Of course, if that pair is buried, the Suburban and the Cadillac Escalade that use the same platform must also come to an end, at least in their current form.

Past reports indicate that the ultra-lux ride from Caddy will move to the Lambda platform for its next generation. The Tahukon pair had been slated for a redesign in 2011, and since that's reportedly not going to happen, the duo's future is definitely in question. GM will probably keep churning out the current version until it's no longer profitable to do so.

These days, any story about the General would be incomplete without some mention of Chrysler, and this one's no different. America's number three automaker just announced just last week that it would be phasing out its full-sized 'utes as well. Therefore, any possible merger of the two companies would carry on without a new large SUV platform at all. How the times have changed.

[Source: The New York Times via Inside Line]

GM's Duramax diesel goes under the knife, loses weight



GM's new 4.5L Duramax diesel engine promises a 25% increase in fuel economy while providing 310 hp and 525 lb-ft. The new oil-burning powerplant also needs to pass 50 state emissions while providing the efficiency customers are demanding. GM has already provided some details of the Duramax 4.5L, including that the new diesel is roughly the same size as the General's compact small block V8, which means it can fit in more than just trucks and SUVs. The 4.5-liter also reduces the parts count with integrated aluminum cylinder head exhaust manifolds and an integral cam cover intake manifold. GM talked to Automotive News about new features of the lower half of the 4.5L Duramax, and they're just as extensive as the top.

[Source: Automotive News subs req'd]

Continue reading GM's Duramax diesel goes under the knife, loses weight

GM launches new campaign to ease credit worries

After announcing earlier this week that GMAC would only finance customers who hold credit scores higher than 700, General Motors has decided it would be prudent to reassure consumers that they are still in the business of securing loans and selling vehicles. Starting Friday, GM will launch a "Financing That Fits" campaign on a national level. Through advertising on television, newspaper, radio, and the Internet, GM will promote dealer financing with GMAC Financial Services and, for the first time, with other lenders. To further restore consumer confidence, the ads are also designed to promote the experience and expertise of the dealership professionals who work in finance and insurance. The economy has taken a serious toll on GM's showroom traffic over the past few weeks, and the announcement Monday of stricter lending policies dried up business even further. The automaker is hopeful that its new ad campaign, and cash-back deals of up to $6,000 on every 2008 vehicle left in stock, will bring them back in.

[Source: Automotive News, subs. req'd]

GM closing Wisconsin SUV plant early, doors closed by end of year



General Motors has announced that it wil close its SUV plant in Janesville, Wisconsin by the end of this year in response to the woeful market for utility vehicles. The plant produces the GMC Yukon and Chevy Suburban and employs 1,200 UAW workers. GM was originally planning to shutter the plant sometime before 2010, but deteriorating market conditions have expedited the plant's demise. The news comes only one week after the General announced that it would be closing its Moraine, OH SUV plant early, as well.

Some analysts think GM could pull the plug on its Oshawa truck plant and Mexico facility in Toluca early too since truck sales are down as well, as GM has already announced that those plants are slated for closure. GM top dog Rick Wagoner stated last week that some stamping facilities could also face closure to help align production capabilities to demand.

[Source: CNN Money]

Merry Christmas: Envoy, Trailblazer, 9-7X plant closing Dec. 23rd

Looks like that Moraine, Ohio plant that was going to be shut down next year is actually going to be shuttered on December 23rd, just in time for Christmas. This is the plant responsible for production of the GMC Envoy, Chevy Trailblazer and Saab 9-7X. The General had already slowed the plant to just one shift as SUV sales, particularly sales of old SUVs like these, continue to tumble, but the plant was expected to remain open until at least early next year. On Friday the remaining 1,100 workers were gathered and told of the revised plan.

The closure isn't a total surprise, as General Motors had already announced that the Dayton-suburb plant would be closed so the company could focus more on production of small cars. That initial announcement seemed to indicate a 2010 closure, but the company has continually revised the closing date until this most recent word came. Moraine is one of four GM plants that are going to be shut down. When Janesville, Wis.; Oshawa, Ontario; and Toluca, Mexico join Moraine in closure, a total of 8,350 workers will be looking for new jobs.

[Source: Detroit News]

Isuzu not interested in GM's medium-duty truck operations



It must be pretty hard to unload an unwanted truck business these days. Just ask General Motors, which has attempted to sell its medium-duty truck operations first to Navistar and then Isuzu. Both heavy-duty diesel makers have passed on the offer. Isuzu had been rumored as a possible buyer for the unit after Navistar let the non-binding agreement pass by unsigned. Now, Isuzu President Susumu Hosoi tells Reuters, "There will be no such acquisition happening" from his company either, suggesting that the market for heavy-duty trucks has not yet hit the bottom.

GM and Isuzu still have dealings together as the two companies jointly develop and build the Duramax engines that power the General's most powerful full-size trucks, SUVs and vans. This cooperation is expected to continue on as it has with neither Isuzu or GM buying out the other to gain full control of the operations.

[Source: Reuters]

GM considering selling medium truck operations to Isuzu



Reports are coming in that the General is considering selling its medium truck operations to Isuzu. This news is totally unconfirmed by both parties, though Isuzu says it would be more than willing to listen if GM felt the desire to talk.

All of this comes shortly after Navistar chose not to follow through on its non-binding agreement to purchase the commercial truck unit from General Motors after seeing what's been happening with the U.S. economy and gas prices. After that deal went sour, GM said that it would continue looking for options, so this particular piece of the rumormill pie is anything but surprising. We contacted GM to see if the automaker had anything to say regarding the hubbub, and, as expected, it's staying tight-lipped for the time being. An Isuzu tie-up makes some sense, as the two truck makers have had dealings together in the past, most notably in the design of GM's current mid-sized trucks, the Chevy Colorado and GMC Canyon.

[Source: Forbes]

GgggM CcCancels heated washer fluid option


In a move that might frost your cupcakes, General Motors has dropped the heated windshield washer fluid option on all models. The feature was a big part of Buick advertising in the recent past, but GM has either not had enough takers, or there are issues with the OEM for the system components. Either way, you're going to have to chip the ice off the windshield of your brand new Traverse the same way we've done it since the invention of the wheel: cold, freezing, wet, and swearing.

In all honesty, heated washer fluid is better in theory than in practice. It may help a little bit, but the windshield has a lot of "thermal inertia" and the glass is what really needs to be warmed up. Those of us who thought we were smart wrapping the washer fluid line around a radiator hose back in the day discovered this, and now it seems GM has found out the same thing. Maybe Tata could hook The General up with Range Rover's windshield supplier, and we could all rock Lucernes with defroster grids in the front glass. Obviously, cars already built with the system will hit dealerships so equipped, but any vehicles that are pending will have the option deleted and a price adjustment made. Hit the jump to see which vehicles are stricken.

[Source: ChevyTraverseForum | Image: Picasa]

Continue reading GgggM CcCancels heated washer fluid option

Lambdas get IIHS Top Pick rating



The Insurance Institute for Highway Safety took some GMC Acadias and smashed them up to see how the big crossovers hold up against immovable objects, and unlike recent tests conducted for the Chevy Equinox and Pontiac Torrent, the news is positive. An AWD Acadia SLE acted as a stand-in for all of the Lambda models - Buick Enclave, Chevrolet Traverse, Saturn Outlook, and all Acadia trims included. It didn't matter whether the IIHS attacked the front, side, or rear – the CUV earned a "good" rating in all directions. With the standard fitment of Stabilitrak, the IIHS also bestowed a Top Safety Pick crown on GM's big haulers. The Lambas now have both a five-star rating from the NHTSA and a Top Safety Pick designator about which to brag.

[Source: Inside Line]

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