Former General Motors(GM) boss, Dan Akerson has warned Apple to stay away from manufacturing their own car, instead he advised the Cupertino based giant to focus on making in-car technology (something like CarPlay). He also suggested that profit margins on cars are relatively meager in comparison to iPhone which is practically a money minting machine.
[quote text_size=”small” author=”Dan Akerson” author_title=”Fomer GM Boss”]
A lot of people who don’t ever operate in it(automobile manufacturing) don’t understand and have a tendency to underestimate. They’d better think carefully if they want to get into [...]
General Motors has given the Chevrolet Beat two minor cosmetic upgrades. The exterior is unaffected, with both changes taking place on the inside of the budget hatchback. These updates come in the form of driver-side seat height adjust and additional silver accents on the otherwise unchanged dashboard. These accents were earlier seen only on the steering wheel.
The Beat continues to be available in a choice of petrol, CNG and diesel powerplants. The same 1.2-litre petrol and the India specific 1.0-litre diesel engines are on offer with, the petrol engine producing 90PS of power and 108Nm of torque, and the diesel churning out 58PS and 150Nm of torque.
Owing to [...]
Reports suggest that the founding family of PSA Peugeot Citroen is running out of cash and could step back to let US-owned GM take over the ailing business. Sources have already warned that PSA could get close to not having enough free cash to run the business by the end of 2013, having burned 3 billion euros in operating cash last year. GM, which operates Vauxhall, Opel and Chevrolet in Europe, already owns 7% of PSA having invested in March 2012.
Both GM and PSA are suffering from over-capacity, in spite of plans to scale back production. A report from news agency Reuters suggests that if GM were to take control of [...]
We as Indians love hatchbacks. We love how they are practical and economical. We love how they can be easily manoeuvred out of any traffic jam and parked in the tightest of corners, doing all this while not emptying our bank accounts. Here are 5 hatchbacks we’d love to see on Indian roads (only if they were assembled here, of course).
1) Volkswagen Golf
The quintessential hatchback, the VW Golf is one of the all-time best selling cars, and has graced international ‘car of the year lists’ time and again. The newest iteration is [...]
General Motors India have successfully launched the new Spark at a base price of Rs 3.16 lakhs, and a topend price of Rs 4.10 lakhs for the LPG variant. Now, the American car maker is all set to launch their next car, Chevrolet Sail U-VA, in India. Chevy Sail is a sub 4 meter hatchback and is expected to be launched in November.
This is the first model to be launched in India from the General Motors SAIC joint venture. Sail U-VA will sit on a 2465mm wheelbase, promises a generous amount of internal space while external styling is also up to expectations. The vehicle will be [...]