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GM cutting vehicle trim options to save money for electrification

Information continues to filter out about GM's plans based on comments the automaker made during its Capital Markets Day event in February. GM President Mark Reuss said the company's push to save money by rationalizing the number of build combinations will continue in 2020, carrying on the work done in 2019. As GM Authority covers, last year, the carmaker cut 3,500 components across model lines, a 12% drop in the number of parts it needed to stock in its plants. Reuss used the next-generation Chevolet Equinox and GMC Terrain as examples for more cost efficiencies, saying build possibilities — which include international markets and their options — will be cut by more than 50%, and use more shared parts. "We will reduce total trim levels on Equinox and Terrain from eight to six," Reuss said, "reduce engine variants from 11 to 5, reduce build combinations from more than 200 to less than 100 per program, and see significant cost savings of an already paid-for architecture that took the mass out, helping us self-fund electrification programs." GM will plow a large amount of the money it saves into its ambitious EV program. In 2017, the automaker said it intends to have 20 electric vehicles on the market by the end of 2023, some of which could be shared between brands. An automotive analyst at Seeking Alpha and a piece in Automobile attempted to put specifics to what we should expect. As Automobile points out, the first two EVs in the 20-car program are already on sale, being the Ariv Meld and Ariv Merge eBikes available in Belgium and The Netherlands. We've seen the Cruise Origin autonomous rideshare taxi, although we don't know when it will hit the road. The next three, which we should see in the metal shortly, are two Cadillac EVs and the GMC Hummer EV pickup. The Cadillac pair are expected to be sized like the XT4 and XT5, and along with the Hummer, should hit the market starting in late 2021.

GM announces net 220 job increase as Trump visits Michigan

GM announced today that about 900 jobs would be added (or, importantly, retained) ahead of President Trump's arrival in Michigan, where he is expected to discuss his plan to roll back fuel economy standards. The timing of the announcement is almost certainly not coincidental, as appending it to a Trump visit gives it a higher profile and dovetails with the President's jobs agenda. It's less likely the decision itself was made for those reasons, but the free PR boost is a nice bonus. As for those 900 jobs themselves, they aren't all new jobs. The only net gain is approximately 220 jobs at the Romulus Powertrain Plant, which produces the 10-speed automatic transmission that's proliferating through the company's lineup. The 180 jobs at Flint Assembly and 500 jobs at Lansing Delta Township are retained jobs – that is to say, spots the company found for workers who would otherwise have been laid off. By the way, the Flint jobs will help with production of heavy-duty pickups, and the Lansing jobs are to produce the Chevrolet Traverse and Buick Enclave. Finding jobs for manufacturing workers in the auto sector, whether new or retained, is admirable. No matter how GM couches it, the company has created or retained a total of 7,000 jobs this year, and its total reinvestment in US production is around $1 billion. But these decisions are business ones, not political ones – timing the announcements to make them seem inspired by economic policy, or the political situation, is simply smart PR. Related Video: Image Credit: Bill Pugliano/Getty Images Celebrities Government/Legal Buick Cadillac Chevrolet GMC

2024 GMC Sierra EV Denali Edition 1 adds range, revises price before launch

The 2024 GMC Sierra EV Denali Edition 1 will officially go on sale this summer, and GMC just announced that it will have more range and a cheaper price than initially revealed. This news follows the same overachieving numbers of the 2024 Chevrolet Silverado EV announced a couple of weeks ago. Instead of 400 miles on a full charge, the Sierra EV will go a GM-estimated 440 miles, beating the original promise by 10%. Not only will it go further, but GM has also increased its capability since the 2022 reveal. Max towing capacity increases by 500 pounds to 10,000 pounds, and max payload capacity increases by 150 pounds to 1,450 pounds. 2024 GMC Sierra EV Denali Edition 1 View 13 Photos The best news is the Sierra EV’s price, as it will now cost $99,495 (including the 1,995 destination charge) instead of the $108,695 GMC initially said. For comparison, the Silverado EV First-Edition RST – also a fully-loaded launch model – is priced $3,000 less than the GMC. However, the SierraÂ’s added features like four-wheel steering, CrabWalk and more premium cabin make a strong argument that itÂ’s worth the extra cash. GMC says that its dealers are currently working with Edition 1 reservation holders on turning their reservations into orders. If youÂ’re looking for a full breakdown of the Sierra EV and everything there is to know about it, make sure you check out our initial reveal coverage here. Related video: