In a speech Sunday opening a week-long Intelligent Transportation Systems World Congress, GM CEO Mary Barra says V2V and Super Cruise autonomous technology contain authentic market and societal benefits.
While pricing always plays a key role in marketing, it will be particularly important to hit the sweet spot with the Colorado and Canyon: too steep and it risks overlapping GM’s large pickups, too cheaply and it saps profitability.
“The industry is in good shape. We’re not over our skis,” Visteon CEO Tim Leuliette says. “Not just Visteon, but as an industry we are all running pretty good balance sheets and being very conservative.”
The earnings swoon also reflected difficulties in international markets, specifically South America, where economic headwinds are affecting sales, and in Europe, where GM continues to book losses as it restructures its business.
Dennis Williams does not seem convinced complete wage parity will occur, as he talks about “bridging” the gap between the two levels and stresses that the automakers must continue to be successful....More
WardsAuto editors gather for a roundtable discussion of several EV and hybrid vehicles vying for 2015 Ward's 10 Best Engines honors. Vehicles discussed include: BMW i3 (range extender and pure EV), Fiat 500e, Hyundai Tucson, Kia Soul EV, Lexus NX, Volkswagen e-Golf....More