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GM said it was disappointed by the UAW strike at Spring Hill and that it still seeks "to reach an agreement as quickly as possible." Spring Hill Manufacturing, an assembly and propulsion plant, is the largest GM facility in North America with nearly 4,000 total employees. A lengthy Spring Hill strike could greatly increase the financial pain for GM, which said in a filing earlier this week that strike costs had risen to $400 million a week. Moments before employees walked out in Tennessee, the UAW said it reached a tentative labor agreement with Chrysler parent Stellantis (STLAM.MI). The UAW previously struck GM assembly plants in Missouri and Michigan as well as 18 parts distribution warehouses.
Persons: Rebecca Cook, Shawn Fain, Stellantis, ” Fain, David Shepardson, Joseph White, Cynthia Osterman Organizations: General Motors, REUTERS, United Auto Workers, UAW, GM, Ford, Manufacturing, Chrysler, Ford Motor, Thomson Locations: Detroit , Michigan, U.S, Spring Hill , Tennessee, Spring, North America, Fort Wayne , Indiana, Silao, Mexico, Bowling Green , Kentucky, Ramos Arizpe, Fairfax , Kansas, Arlington , Texas, Wentzville , Missouri, Tennessee, Missouri, Michigan
The company delivered just 1,348 Lyriqs and 47 Hummers in the second quarter, far below expectations, in part because of issues with battery module assembly. A longer strike could help GM address and potentially resolve some of those ongoing issues in its EV and battery operations, according to Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions. "A production stoppage could allow GM to solve bottlenecks,” Fiorani said. Wedbush auto analyst Daniel Ives said the strike was "a potential nightmare situation" for GM given it comes exactly at a key period of ironing out EV issues. In addition, the UAW strike in the United States could affect the flow of critical auto parts to GM operations in Canada and Mexico, which would hamper EV production there, Rinna said.
Persons: Jennifer Granholm, Jonathan Ernst, GlobalData, Mary Barra, Rory Harvey, Hummer, Sam Fiorani, Fiorani, GM's Barra, Bill Rinna, Daniel Ives, Ives, Rinna, GM’s Ramos, Paul Lienert, Deepa Babington Organizations: U.S . Energy, Washington Auto, REUTERS, Rights, General Motors, Ford Motor, UAW, Ford, Chevrolet Silverado, GMC Sierra, GM, GMC, AutoForecast Solutions, EV, Chevrolet Blazer, Thomson Locations: Washington , U.S, United States, Canada, Mexico, Ingersoll, Detroit
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. REUTERS/Daniel Becerril Acquire Licensing RightsCompanies General Motors Co FollowDETROIT, Sept 5 (Reuters) - General Motors' (GM.N) global head of manufacturing, Gerald Johnson, said in a video statement released on Tuesday the demands received from the United Auto Workers union have “significant costs attached that would threaten our ability to maintain our manufacturing momentum.”Johnson appeared in the video with GM President Mark Reuss. Both executives reiterated they want to reach a "fair" agreement without a strike. The executives did not detail GM's economic proposals to the UAW. Reporting By Joe White; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Daniel Becerril, Gerald Johnson, ” Johnson, Mark Reuss, Joe White, Leslie Adler Organizations: Motors, Ramos Arizpe, REUTERS, General Motors, United Auto Workers, GM, UAW, Thomson Locations: Ramos, Coahuila, Mexico, DETROIT
[1/2] A general view shows the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. REUTERS/Daniel BecerrilFeb 28 (Reuters) - Mexico has long been a manufacturing hub in North America for multiple automakers, and the country is trying to position itself for the wave of electric vehicles (EVs) to come. The auto sector is a driver of Mexico's major manufacturing industry, which is heavily integrated into U.S. and Canadian supply chains. Mexican officials on Tuesday said Tesla Inc (TSLA.O) is the latest automaker with plans to build a plant in Mexico. Here are major automakers with plants in Mexico -General Motors Co (GM.N)Silao Plant in the central city in Guanajuato state, produces Chevrolet and GMC full-size pickup trucksRamos Arizpe Plant in the northern city in Coahuila state, builds the Chevrolet Equinox and Blazer SUVs now and will build the 2024 Blazer EV and Equinox EVSan Luis Potosi Plant in the state capital of the central state of San Luis Potosi, produces the Chevrolet Equinox and GMC TerrainFord Motor Co (F.N)Cuautitlan Assembly plant in the central city of Cuautitlan Izcalli, produces Ford Mustang Mach-EHermosillo Assembly Plant in the state capital of the northern state of Sonora, produces Ford Bronco Sport and Ford MaverickToyota Motor Corp (7203.T)Toyota Motor Manufacturing de Baja California in the northern border city of Tijuana, Baja California, produces the Toyota Tacoma pickupToyota Motor Manufacturing de Guanajuato in Apaseo el Grande, Guanajuato, produces the Toyota TacomaStellantis (STLAM.MI)Saltillo Truck Assembly Plant in the state capital of Coahuila, produces Ram light and heavy-duty pickupsSaltillo Van Assembly Plant, makes the Ram ProMaster vanToluca Assembly Plant, produces the Jeep CompassNissan Motor Co (7201.T)Nissan Mexicana (Cuernavaca) in the central city of Jiutepec, produces NP300 pickup truckNissan Mexicana (Aguascalientes 1 Plant) in the central city of Aguascalientes, produces March, Versa, KicksNissan Mexicana (Aguascalientes 2 Plant), produces SentraNissan also has a joint venture plant with Mercedes (MBGn.DE) in Aguascalientes, making the Infinti QX 50 and 55 SUVs, and Mercedes GLB SUVHonda Motor Co (7267.T)Honda de Mexico (HDM) in Celaya, Guanajuato, produces HR-VVolkswagen (VOWG_p.DE)Volkswagen de México in Sanctorum, Puebla, produces Jetta, Tiguan, TaosVW's Audi unit in San José Chiapa, Puebla, produces Audi Q5 premium SUV and plans to start manufacturing EVs by 2027Mazda Motor Corp (7261.T)Mazda de Mexico Vehicle Operation (MMVO) in Salamanca, Guanajuato, produces Mazda2, Mazda3, Mazda CX-30Kia AmericaHyundai Motor Co's (005380.KS) Kia has a plant in Pesqueria, Nuevo Leon, produces Kia Forte, RioBMW AGBMW Plant in San Luis Potosi, produces BMW 3 Series, 2 Series and will produce fully electric "Neue Klasse" modelsSOURCES: Carmakers and Auto Forecast SolutionsCompiled by Kannaki Deka in Bengaluru; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
MEXICO CITY, Jan 3 (Reuters) - General Motors (GM.N) discussed plans to produce only electric vehicles at its Ramos Arizpe plant in northern Mexico, the country's economy ministry said in a tweet on Tuesday, following a meeting with the U.S. carmaker. (This story has been corrected to remove reference to 5,000 new jobs after the government officially clarified these were 4,500 jobs already created at separate plants over the course of the past four years)Reporting by Kylie Madry; Editing by Daina Beth SolomonOur Standards: The Thomson Reuters Trust Principles.
MONTERREY, Mexico, Nov 16 (Reuters) - General Motors' Mexico head Francisco Garza foresees just 15% of the vehicles produced in the country in 2030 as being electric, missing the goal given by Mexican officials, he said Wednesday. GM is already in talks with the Mexican government at local, state and federal levels to boost EV production, Garza said. Mexican President Andres Manuel Lopez Obrador and other officials have repeatedly touted that Mexico is on track to meet or even exceed the goal of turning 50% of automotive production electric by 2030. However, Garza said Wednesday the government's official goal was to reach 30% of production by 2030. A spokesperson for the Mexican Automotive Industry Association (AMIA) told Reuters the goal was between 30% and 50%.
CNN —As the big Chrysler 300 sedan, with its trademark large square grille, approaches the end of an 18-year production run, the brand unveiled a special edition model in Detroit last Tuesday night. This special edition will be the most powerful 300 offered by a wide margin. The bigger, more powerful 6.2-liter engine used in the limited edition 300C is used in the sportier Dodge Charger R/T Scat Pack, which is not a limited edition model. But the Dodge Charger and the closely related Challenger are offered with those far more powerful supercharged engines. Those models are using all the supercharged engines the Mexican factory can make, said Elshoff.
April 19 (Reuters) - Magna International and LG Electronics are constructing a factory in the Mexican city of Ramos Airzpe that will supply electric vehicle components to General Motors Co, starting in 2023. The plant, which is being built by the LG Magna e-Powertrain joint venture, will make EV motors, inverters and on-board chargers. GM said a year ago that it planned to invest more than $1 billion in its Ramos Arizpe assembly plant, which will begin building EVs in 2023. The automaker has not said where it plans to build the new electric versions of those vehicles, which are due to begin production in 2023. LG Magna e-Powertrain said its new facility will be the joint venture's first production base in North America and is expected to create 400 jobs.
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