Yesterday, Chrysler Group LLC reported net income of $473 million USD for the first quarter of 2012. This was a gain of 407 percent over the $116 million USD net income that the Fiat-owned automaker reported for the same quarter in 2011. Chrysler’s numbers were boosted by a 25 percent revenue increase and a 39 percent vehicle sales increase. Chrysler also reported free cash flow of $1.7 billion in the first quarter.
Tag Archives | GM
Afternoon Commute for 3/28/2012
Today we review the Jeep prototypes that are showing at the Easter Jeep Safari. Also, we decide that it is time for Jeep to just build a pickup from the factory. Next up, we talk about the JLTV or the Joint Light Tactical Vehicle and what engine it is going to have driving all four wheels. The we close out with all GM news. GM has been producing more technology press releases than a rabbit on hormone therapy and most have been interesting. Stay tuned for even more GM tech news on the site later tonight.
Peugeot and GM Discuss Potential Alliance
According to comments from French labor minister Xavier Bertrand last night, French automaker PSA Peugeot Citröen is in the midst of talks with GM on a far-reaching alliance. While the outcome of the talks is unlikely to include any cross-shareholding arrangements (such as Renault and Nissan have, or (ahem) Volkswagen and Suzuki do), it may help both companies deal with serious problems in Europe.
The Australian Auto Industry Is In Jeopardy
By Chris Haak
When I think of Australian cars, my thoughts immediately go to the likes of the Holden Commodore/Calais/Caprice and Ford Falcon, and all of their related derivatives. Then the next thought that comes to mind is a tricked-out HSV-fortified Maloo R8 (pictured here) with its 6.2 liter LS3 V8 underhood. They’re charming cars, and fun to drive (at least the old Pontiac G8 version of the Commodore was). Unfortunately, they’re also dinosaurs in a world where small displacement, forced induction, and front wheel drive is the norm.
2012 Detroit Auto Show: Chevrolet Code 130R Concept
By Chris Haak
Is it cool to own a GM car? I believe the answer depends on who you’re asking and which car you’re talking about. For instance, I have close family members who have an anti-Buick bias because of Buick’s image as the chariot of choice for blue-haired old ladies. I love the Corvette, but its reputation is that its target buyer is an older male in the throes of a mid-life crisis.
Will GM Again Kill the Electric Car?
By Chris Haak
There is more than a little chatter over the past week or two in the autoblogosphere about the Chevy Volt. Normally, in these media frenzied times, that would be good news for GM’s environmental halo vehicle, but perhaps there *is* a such thing as bad publicity.
You see, the Volt seems to have a bit of a problem with catching fire following crash tests.
GM To Re-Open Spring Hill Plant To Build Chevy Equinoxes
By Chris Haak
Today, General Motors officially confirmed the vehicle that will be produced at its currently-idled Spring Hill, Tennessee plant. The answer: the Chevrolet Equinox. The company can’t seem to keep up with Equinox demand ever since the current-generation vehicle was launched for the 2010 model year, despite running a steady three-shift operation at the CAMI plant in Ontario, and even conducting final assembly at another plant to further add capacity. Even more interesting than a solution (coming in mid-2012) to Equinox supply shortages, though, is the fact that according to the company, Spring Hill will be able to produce nearly any GM vehicle that is in high demand thanks to its ultra-flexible operation.
Bob Lutz Returns To General Motors In Advisory Role
By Carl Malek
In an announcement that surprised some in the industry last Friday, General Motors announced that legendary automotive executive and car enthusiast Bob Lutz will be returning to the company to serve as a consultant to the company’s senior leadership. The 79 year old former vice chairman and “Car Czar” retired from the company in 2010, but still provided the company with free informal advice and counsel during his time away from the company.
Review: 2011 GMC Sierra Denali 2500 4WD
By Chris Haak
Lots of people drive heavy duty pickups. Many contractors, businesses, and folks who have to do a lot of towing flock to these brutes because they are among the most capable vehicles on the planet as far as towing and hauling while still moving a family of five – at least among vehicles that don’t require a CDL to operate on public roads.
Chevrolet To Bring Aveo RS To Production As Sonic RS
By Carl Malek
General Motors once had plans to bring the upcoming Sonic small car to the market as the next-generation Aveo. However, after extensive evaluation, and perhaps looking back at the Aveo’s rather tepid sales numbers, GM reconsidered. The company decided that the name was not worth reusing and shelved it in favor of Sonic. However one problem arose from this decision, and that was the fate of the performance version of the Sonic. General Motors had already unveiled the Aveo RS concept at the 2010 North American International Autoshow, but would then not mention the fate of the performance variant after the switch from Aveo to Sonic was made. Since that time, many in the automotive world speculated that the Aveo RS would survive the name change and go into production as the Sonic RS but no official word or confimration had been released.
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Ernie: I should add one scarry thing about snapshot is, w...
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charly: we cant get it here because americans hate the die...
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