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GM

Investor Group Wants to Acquire Saturn

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We reported earlier that Saturn was to follow Saab’s lead and Separate from GM rather than being dissolved (see here). GM has revealed that Telesto Ventures, a consortium that includes a company called Black Oaks and some of Saturn’s dealers, is interested in buying its Saturn brand.

Telesto wants to acquire Saturn’s retail operations and provide dealers with vehicles from General Motors through 2011 and from mostly overseas manufacturers thereafter. Unfortunately for Telesto it is not the only company bidding for Saturn…

“Over approximately the past 60 days, a sub-committee of Saturn retailers has been studying the feasibility of the sale or spin-off options, and has identified some parties that are potentially interested in a purchase or spin-off of Saturn,” said GM in a statement. GM goes on to say that anyone of these potential bidders, and not necessarily Telesto, may end up with Saturn.

Saturn was on the chopping block ever since GM announced its restructuring initiative. And now GM is under pressure to complete its restructuring by the end of May, the sale of Saturn has become more imminent.

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GMC

2019 GMC Sierra CarbonPro Edition Arrives With Carbon Fiber Bed

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2019 GMC Sierra CarbonPro with carbon fiber bed

You can now have your GMC pickup truck with a carbon fiber bed.

GMC has announced the GMC Sierra CarbonPro Edition, which features a new carbon fiber pickup bed that is dent, scratch and rust resistant.

Available on the Sierra Denali 1500 and the Sierra AT4 1500 models, the carbon fiber CarbonPro box is said to make the Sierra lighter, stronger, and more durable. It weighs about 60 pounds (25 percent) less than a conventional steel box and gives the truck one extra cubic foot of cargo capacity, allowing buyers to haul at least 59 pounds more.

“CarbonProis made of the same raw material found in seven-figure super cars and even aerospace applications,” said Duncan Aldred, vice president, Global GMC. “Coupled with offering the world’s first six-function MultiPro tailgate, the 2019 Sierra packs a one-two hauling punch for whatever the situation demands.”

Its grained surface also negates the need for bed liners, and GMC carved three indentations into the box that makes it easier to load dirt bikes and ATVs. Numerous tie-down hooks integrated into the bed side help secure just about anything.

To ensure that the new carbon fiber bed is just as strong as a steel bed, engineers dropped cinder blocks, 1800-pound loads of gravel and 450-pound water-filled steel drums from varying heights into it.

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Ford

GM, Ford, Toyota Team Up To Make Self-Driving Cars Safer

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Cruise Chevrolet Bolt Self-Driving Car

The three automakers have formed an autonomous safety consortium.

General Motors, Toyota, and Ford have partnered with standards group SAE International to establish the Automated Vehicle Safety Consortium (AVSC), a new organization dedicated to self-driving car safety.

The primary goal of the group is to create a safety framework for developing and testing SAE Level 4 and Level 5 autonomous vehicles.

“The work will ultimately inform and accelerate the development of industry standards for autonomous vehicles (AVs) and harmonize with efforts of other consortia and standards bodies throughout the world,” the group said in a press release.

While there has been great progress in the way of self-driving technology, there remains uncertainty about when and how the technology should be pushed to market. Determining appropriate safety rules to govern automation continues to be a hot a topic of discussion.

“Our goal with the consortium is to work with industry and government partners to expedite development of standards that can lead to rule making,” said Ford’s CTO of autonomous vehicles, Randy Visintainer.

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Cadillac

New, 2020 Cadillac CT5 Sports Sedan Suits Up To Replace CTS

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New, 2020 Cadillac CT5 Sports Sedan

The CTS replacement has arrived in style.

Cadillac has unveiled the CT5, the successor to the CTS and the brand’s all-new midsize sports sedan.

Design wise, the new CT5 falls in line with Cadillac’s latest design language, featuring a short and wide shield-shaped grille, angular headlights, and vertical LED daytime running lights.

A fastback-like roofline rather than traditional three-box proportions gives the model a more distinctive side profile than the CTS, while thin, vertical taillights make it instantly recognizable as a member of the Cadillac family.

The CT5 rides on an evolution of the critically-acclaimed Alpha platform that underpins the ATS, the CTS, as well as the Chevrolet Camaro. Power will come from one of two engines (you choose): a turbocharged, 2.0-liter four-cylinder engine, or a twin-turbocharged, 3.0-liter V6.

Rear-wheel drive and a 10-speed automatic transmission come standard, and all-wheel drive will be offered as an option on select models.

Two flavors of the CT5 will be available at launch: Sport and Luxury. The former takes on a more muscular appearance, while the latter goes for elegance instead.

The all-new, 2020 Cadillac CT5 goes on sale in the second half of 2019 after making its world debut at the 2019 New York Auto Show. Are you happy with how it turned out?

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