General Motors’ European division, Opel, is having a tough time reaching profitability this year in light of Britain’s decision to leave the European Union and GM’s pull-out from the Russian market.
“The exit from Russia was really painful. Brexit is yet another issue to deal with and that is why the path toward breakeven is difficult for us,” the division’s CEO Karl-Thomas Neumannsaid at a conference in Berlin last Wednesday.
Opel, which includes British sister brand Vauxhall, has been working towards profitability. According to internal GM objectives, the subsidiary was targeted to break even in 2015 and begin to turn a profit in 2016 by optimizing costs, taking advantage of a recovering European auto market and introducing new products — widely considered to be the lifeblood of European carmakers. The division also absorbed the Russian market from GM’s International Operations division, adding sizable sales volume to its bottom line.
A new plant is finding a home in Lansing, Michigan, and new hires will be in demand. The Lansing State Journal reports TFT Global, a third-party logistics company headquartered in Ingersoll, Ontario, will move into a 50,000-square-foot facility in Lansing to support the General Motors Delta Township plant.
As a supplier for GM, it will work on the “sequencing of inner door panels” for the Buick Enclave and Chevrolet Traverse. To start, the company with lease a $2 million building and a 2,000-square-foot attached office space while the facility begins construction.
Better news for locals is a handful of job openings are coming. The company will hire 30 to 35 workers ranging from forklift operators to plant managers.
The initial investment is likely to grow, as the company cites its want to work with the 2017 Chevrolet Camaro. The sixth-generation Camaro returned production to the United States after
General Motors has filed a second application to register LTX as a trademark with the United States Patent and Trademark Office (USPTO), GM Authority has discovered.
The automaker’s September 19th, 2016 application is assigned serial number 87175690 and specifies that the mark will be used to name “Engines for automobiles, sport utility vehicles, trucks and vans.”
This is the second time time that General Motors has applied for the LTX trademark, with the first time being on April 2nd, 2013.
The GM Authority Take
The scenario for this LTX re-filing is the same as with the LT5 filing, both of which were filed concurrently.
We believe that the reason for GM’s second filing for the LTX mark is directly associated with the automaker’s desire to secure rights to the mark, but then running out of time to do so via the original 2013 application.
It’s worth noting that, to successfully register a trademark, an applicant bears the burden to
Thankfully, no one fell for this hoax, but we have to give the seller some credit for at least trying. The Mirror reports one individual took to Craigslist to sell his 1984 Chevrolet Silverado pickup, but there was a major catch: the 1984 Silverado didn’t exist.
Instead, he wrote a tongue-in-cheek ad stating the 1984 Silverado was outfitted with an incredible camouflage paint job. Even better: four-wheel drive, low miles and “clean windows.” As if clean windows are a major selling point for some odd reason …
For an asking price of just $1,800, you could have went home with some very expensive tires and air.
Popp accumulated a total score of 491 across five different categories in his Lingenfelter LS7-powered C5 Chevrolet Corvette Z06: Design Engineering, Road Rally, Speed-Stop, Autocross and Road Course. He beat out nearly 90 vehicles in the various driving challenges, which were hosted at Las Vegas Motor Speedway.
Apart from the Lingenfelter tuned LS engine, Popp’s Corvette also benefits from Forgeline lightweight wheels, Baer brakes, a COMP cam and more.
“We’re excited about the unpreceded three-peat,” Popp said. “It is a testament of the fact that extraordinary results are more easily accomplished through the efforts of many. Thank you to all of our partners for making this happen. I feel lucky to be the driver of this Lingenfelter-powered 2003 C5 Z06 Corvette.”
The Optima Search for the Ultimate Streetcar is exactly what
In 49 states and the District of Columbia, it’s illegal to ride in the front seat of a car without wearing a seatbelt. In 28 of those states, back seat passengers have to buckle up, too.
New Hampshire is the lone holdout, with no seatbelt law at all.
But of course, just because there’s a law on the books, that doesn’t mean that you have to like it. Are you a fan of enforcement? Or are you in a New Hampshire state of mind? According to a new survey, the answer to that question can vary, depending on where you live.
For that survey, 2,000 Americans were asked about their seatbelt habits–specifically, whether they use them and if so, how often? Respondents were also polled about their feelings on seatbelt laws for adults and kids. The data was combined with stats on seatbelt usage from the Centers for Disease Control and