zzdcar
Home
/
Reviews
/
Culture
/
GM's Contempt For Its Dealers Is Obvious
GM's Contempt For Its Dealers Is Obvious-May 2024
2024-02-19 EST 22:12:35

Image for article titled GM's Contempt For Its Dealers Is Obvious

GM says pricing on the Hummer EV will be no-haggle, Renault’s unions are upset, and the US’s second-biggest dealership group says it just had its most profitable quarter ever. All that and more in for October 22, 2020.

(: Some of the links below are to paywalled stories. Pay for the journalism you value!)

I am kind of meh overall on the , which I suspect will rise and fall very quickly. It’s been the same story with the Jeep Gladiator, which was a big deal for a while until . (I expect the Tesla Cybertruck to fare the same.) But all of that said, I am interested in one aspect of the Hummer EV, in that GM insists it will offer it at one price and one price only, apparently an attempt to tamp down on dealer shenanigans.

From :

GMC plans to use no-haggle pricing on the Hummer electric pickup when it goes on sale late next year.

The price customers see on GMC’s website will be the price they pay, Duncan Aldred, vice president of global Buick and GMC, said Wednesday.

“There will be no incentives. There will be no trickery,” Aldred said on a call with investors. “We are trying to construct a dealer margin in such a fashion that it really is a no-haggle price.”

About half of GMC’s dealers have elected to sell the Hummer so far. The “Edition 1” model is due in fall 2021 and will sell for $112,595. Dealers won’t be able to discount it or mark it up, Aldred said.

GMC will “deliver a one-price experience for the customer from the brand, from the website, right through to the dealer level,” he said.

It’s easy to say that GM is just copying the Tesla model of not really dealing with usual dealer tactics, but that’s not fair to the company that gave us . Or .

It’s amazing how really will just never end. Reuters says that authorities in Germany have been snooping at Continental, because we need to investigate this forever. For the record, I am generally in favor of investigating things forever.

From :

Auto supplier Continental said Thursday that its premises in the German cities of Hanover and Regensburg were searched by prosecutors Sept. 22 as part of an ongoing probe into emissions cheating devices.

Continental said it is cooperating with authorities.

In July prosecutors in Hanover searched Continental, investigating its role in supplying engine components for a 1.6-liter VW diesel engine which had breached emissions limits and masked excessive pollution using illegal software.

Penske Automotive Group is America’s second-biggest dealership group, and it said today that it just had its best quarter ever. This does not appear to be pandemic related, as third-quarter sales actually fell year-over-year.

From :

Penske Automotive Group Inc. reported Thursday that its third quarter was the most profitable quarter in company history, driven by big per-vehicle profit gains, higher finance-and-insurance income and lower costs.

Penske, the second-largest new-vehicle retailer in the U.S., said third-quarter net income more than doubled to $247.6 million. Revenue fell 0.1 percent to $5.97 billion.

Adjusted net income from continuing operations rose 99 percent to $231.1 million. That figure excluded a $15.4 million tax benefit related to changes in tax legislation in the U.S. and abroad.

Penske’s third-quarter gains “were primarily driven by same-store retail automotive revenue and margin expansion, coupled with expense reductions,” CEO Roger Penske said in a statement.

Congrats Roger Penske.

GM is still serious about Cruise, it’s (attempted) self-driving arm, and Reuters says that it now wants approval to test its Cruise Origin. The Origin is the planned autonomous car that will be built at GM’s , known, in simpler times, as the Detroit-Hamtramck Assembly Center.

Via :

Self-driving car maker Cruise said on Wednesday it and majority shareholder General Motors would seek U.S. regulatory approval in coming months to deploy a limited number of Cruise Origin vehicles without steering wheels or pedals.

At the same time, it will withdraw an exemption petition filed with the National Highway Traffic Safety Administration in January 2018 seeking approval to deploy a limited number of autonomous vehicles without pedals or a steering wheel, based on the Chevrolet Bolt platform.

NHTSA did not immediately comment.

[...]

Robert Grant, Cruise’s vice president of global government affairs, made the announcement after Cruise received a permit from California’s Department of Motor Vehicles last week to be the first to test cars without any riders on San Francisco streets. Four other companies have permits to drive empty in Silicon Valley cities that are easier to navigate.

As a reminder, that self-driving Bolt concept .

The new all-electric will be made in China and exported to other places, and Renault’s unions aren’t thrilled with that.

From :

Labor groups are assailing Renault for exporting the Dacia Spring — a small crossover the automaker bills as Europe’s cheapest electric vehicle — to Europe from a plant in central China’s Hubei province. Workers have been on edge about a jobs-cutting plan the company announced just before it secured a state-backed loan in June.

“We are fundamentally opposed to making the Spring in China,” said Frank Daoust, a spokesman for the CFDT union. “This isn’t in keeping with government support for the car industry and jobs in France.”

[...]

Renault’s plan is particularly tricky for political reasons. The company has drawn a small portion from the 5 billion-euro ($5.9 billion) loan that France backed earlier this year, and President Emmanuel Macron only made government funds available after the carmaker agreed to consult with unions on plans for two underutilized factories at home.

Solidarity.

On October 22, 1965, President Lyndon B. Johnson signs the Highway Beautification Act, which…

Business groups, polluters and advertisers, on the other hand, were not so thrilled.

I would like to meet someone who self-identifies as a “polluter.”

I have big plans to wash my car this weekend. They consist of me taking my car to a car wash on Northern Boulevard and tipping big, even though . Not that exercised about it.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
The Maserati Birdcage Was A 250 HP Featherweight Champion
The Maserati Birdcage Was A 250 HP Featherweight Champion
Back in 1960 the Maserati Tipo 61 was the epitome of power-to-weight ratios. With a two-point-nine-liter inline-four engine making around 250 horsepower, and an all-in weight under 1350 pounds, it was ready to run. The chassis, weighing just 155 pounds on its own, was built from a series of...
May 13, 2025
Tunde Olaniran--'I'm Here'
Tunde Olaniran--'I'm Here'
Traffic sucks, so why not start your morning off with some music? You provide the toast and we’ll provide the jams. It’s Tuesday. I’m here with a smile on my face and color-coordinated sweats. That’s the best I can do. ...
May 13, 2025
I Need To Be Straight With You Regarding My Thoughts On AMC Pacer Grilles
I Need To Be Straight With You Regarding My Thoughts On AMC Pacer Grilles
Everybody, get over here, now. Drop what you’re doing! You with the plasma cutting torch, just let it drop to the ground! You, pediatric dentist doing an emergency filling, just let go of that drill, crank that gas, and leave the kid there, because I have something important to...
May 13, 2025
Porsche Rules Out Using A Naturally Aspirated Engine For The 992
Porsche Rules Out Using A Naturally Aspirated Engine For The 992
The . Sure, the rear end still has a little too much Sir-Mix-A lot influence, but the driving dynamics are on point. However, Porsche lovers hoping for a naturally-aspirated variant are going to be disappointed. The automaker says it’s not happening. Porsche 911 variants over the years, for the...
May 13, 2025
What Do You Want To Know About The New Porsche 911 Turbo S?
What Do You Want To Know About The New Porsche 911 Turbo S?
We’re trying to turn the car reviews tap back on as safely as possible over here, and luckily for us (and you!), automakers are willing to loan out some hardware for Jalopnik to test and talk about. So, what do you want to know about the 2020 Turbo S?...
May 13, 2025
Mexico Re-Opens Auto Supply Chain With ‘Shoot Me An E-Mail’ Plan
Mexico Re-Opens Auto Supply Chain With ‘Shoot Me An E-Mail’ Plan
Yesterday workers started making their way back to assembly lines in America, but as we’ve covered before, all of their work hinges on supply chains in Mexico. And how are these plants being inspected for safety before re-opening? They’re not. All that and more in for Tuesday, May 19,...
May 13, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved