Reg Cab Ls Convertible Cd 4-wheel Disc Brakes A/c Abs Am/fm Stereo Bucket Seats on 2040-cars

Auto blog

GM laying off more than 4,000 workers Monday morning

According to reports from Automotive News, The Detroit News, and CNN, General Motors plans to begin laying off more than 4,000 salaried workers starting Monday morning. In a statement to AN, a spokesperson for the automaker said, "We are not confirming timing. Our employees are our priority. We will communicate with them first." We've been expecting layoffs at General Motors since November, 2018. At the time, the Detroit-based automaker announced it would seek to shed 8,100 salaried employees, shut down five assembly plants in North America, and kill off several slow-selling models. One month earlier, GM offered buyout packages to 18,000 workers and said it would seek to cut its global workforce by 25 percent. A spokesperson said at the time the moves were "proactive steps to get ahead of the curve by accelerating our efforts to address overall business performance." The cost-cutting moves are expected to save GM up to $2.5 billion in 2019 and as much as $6 billion by 2020. David Kudla, CEO and chief investment strategist of Mainstay Capital Management, referred to the impending culling as "Black Monday" and told The Detroit News that the layoffs would begin around 7:30 a.m. and continue in waves throughout the coming days and weeks. GM plans to deliver on its fourth-quarter and full-year 2018 earnings report on Wednesday. President Donald Trump plans to deliver the annual State of the Union address a day earlier on Tuesday. We expect to hear plenty more from both sides over the next several days.

Updated Chevy Silverado spied, possibly with aluminum components

Chevrolet is readying a refresh for its trusty Silverado pickup, and these spy shots give us our first glimpse at what might be in store. The front and rear fascias of this prototype are covered, obscuring some styling tweaks (with LED accents up front). More interestingly, our spies suggest that many of the Silverado's body components could move to aluminum with this mid-cycle update. The hood will go from steel to the lighter alloy, and it's possible the front fenders could benefit from the weight-saving material, too. Ford's latest F-150 is extremely aluminum-intensive, and by switching the construction, 700 pounds was trimmed off the truck's weight. We've already heard that General Motors is working with a similar plan for its next-generation fullsize trucks. Beyond that, expect the smaller 5.3-liter V8 to ditch its six-speed automatic transmission in favor of the eight-speed unit that's already mated to the larger, 6.2-liter V8. Neither transmission will stick around very long, as the trucks will likely adopt a 10-speed automatic around 2017. Look for the updated Silverado to debut later this year, likely as a 2016.5 model.

Watch the live reveal of the 2014 Chevy Silverado and GMC Sierra [UPDATE]

UPDATE: The trucks have been revealed. Click here for all of the official details.
As promised, Chevrolet and GMC are offering a live webcast of the world premiere for the all-new 2014 Silverado 1500 and Sierra 1500. After being teased with spy shots and blurry images like the one above for ages, now is the time to see the trucks in the metal, for real (well, as 'real' as it gets on a webcast, at any rate).
Shift your eyes down just below to see the reveal as it happens, starting at 9:30 AM EST. We anticipate having loads of images full technical information to share after the webcast, too, so truck aficionados should stay tuned. We'll also be bringing you live images of both trucks too, when we see them on the show floor at next month's Detroit Auto Show.