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GM plans new car family for global markets, $5B investment

Globalization remains all the rage in the auto industry, as manufacturers scramble to develop single vehicles that can easily be adapted to the world's disparate market places. Ford has been a champion of this movement, with its One Ford mandate, but now, its cross-town rival is getting in on the action, albeit on a smaller scale. General Motors has announced a $5-billion investment to develop a new Chevrolet-badged family vehicle for global growth markets, including Brazil, Mexico, India, and importantly, China. With the PRC listed as a target market for the new vehicle, it's no surprise that GM is teaming with its Chinese joint-venture partner, SAIC Motor, to develop the vehicle's architecture and engines. The first vehicles should be hitting dealers by 2019, with GM expecting to eventually move some two million units per year. "With a significant majority of anticipated automotive industry growth in 2015 to 2030 outside of mature markets, Chevrolet is taking steps to capitalize on that growth," GM President Dan Ammann said in the attached statement. "Strengthening Chevrolet's position through this major investment is consistent with our global strategy to ensure long-term profitable growth in the markets where we operate." GM is quite focused on developing markets for a new vehicle, going as far as to say that "mature markets" like the US aren't currently being considered for the new family vehicle. As for where it will be built, the press release specifically says it won't be exported to the US, meaning it will very likely be built abroad using parts from local suppliers. Read on for the official press release from General Motors. Chevrolet Strengthens Position in Growth Markets with $5 Billion Investment 2015-07-28 All-new vehicle family tailored to local customer requirements General Motors and SAIC Motor partnership further enhanced DETROIT – Chevrolet announced today it is investing $5 billion to strengthen its business in global growth markets through the development of an all-new vehicle family that will meet the rapidly changing demands of customers in these markets. "With a significant majority of anticipated automotive industry growth in 2015 to 2030 outside of mature markets, Chevrolet is taking steps to capitalize on that growth," said General Motors President Dan Ammann.

Hillary Clinton takes to campaign trail in a van called Scooby

It still seems way too early to even starting thinking about the 2016 presidential election, but candidates are already throwing their hats in the ring. Among the officially announced hopefuls so far is former Secretary of State Hillary Clinton. To kick off her run for office, she recently embarked on a long-distance road trip from her home in New York to the campaign battleground of Iowa. Rather than a limo, she was driven there in a conversion van (pictured above) that Clinton named Scooby after Hanna-Barbera's famous, mystery-solving dog. According to Yahoo Autos, the vehicle itself is a Chevrolet Express that has been customized by the Explorer Van Company, and Time says that it's also armored. Clinton isn't behind the wheel, though. All those years in public office mean that the Secret Service does the driving. Of course, the vehicle in Scooby Doo was named the Mystery Machine, and Scooby was mostly brown, not black. To explain the somewhat odd naming, Clinton traveled around in a brown van during her 2000 Senate campaign in New York, and it earned the nickname Scooby, according to Time. Apparently, the moniker has stuck for her latest ride. If the start of the Clinton campaign seems early, she isn't the first White House hopeful to arrive in Iowa this year. A bunch of possible Republican candidates already met at summits in the state at least twice to gain favor ahead of the caucus there. No word on what they were driving...

GM dealers unhappy about pickup prices

The backlash is beginning. Following General Motors' price hike of the Chevrolet Silverado and GMC Sierra last week, dealers across the country are expressing their ire over increasing prices in the face of rebates and discounts on trucks from Ford and Ram.
Speaking to Automotive News, Sam Pilato, the general manager at Dimmitt Chevrolet in Clearwater, FL, Silverados are "selling very poorly." W. Carrol Smith, the president of Monument Chevrolet in the heart of truck country, Texas, said, "[GM's] position is that the vehicle stands on its own and it doesn't need a bigger rebate. That's not what the market is telling us."
According to AN, that's the general attitude amongst Chevy and GMC dealers across the country, where the twin pickups are getting butchered in sales by competitors offering up to $9,000 off their sticker prices. Part of the problem for GM is that its trucks are arriving on the market near the end of the current F-150's lifecycle, a fact that Ford has taken advantage of.