Thursday, January 17, 2013

First 2014 Corvette Stingray Offered at Barrett-Jackson

  • Proceeds of VIN 0001 to benefit Detroit’s College for Creative Studies
  • Four other performance Chevys in charity auctions this weekend
  • SCOTTSDALE, Ariz. – Chevrolet will offer the first retail production model of the 2014 Corvette Stingray – with the Vehicle Identification Number ending in 0001 – at the Barrett-Jackson Scottsdale collector car auction this weekend. Proceeds will benefit the College for Creative Studies in Detroit, renowned for its automotive design program.

    “The new Stingray features a modern, dramatic design that will inspire a new generation of Corvette enthusiasts,” said Ed Welburn, GM vice president of global design. “With the proceeds of the new Stingray going to the CCS, the new Corvette will also help cultivate the next generation of designers who may work on modern, dramatic Chevrolets in the future. In fact more than 170 CCS alumni already work in the GM Design studios.”

    The sale is scheduled for Saturday evening, Jan. 19. Bids can be submitted in person at the auction or online at www.barrett-jackson.com.

    The College for Creative Studies is regarded among the world’s premier institutions for industrial and transportation design. CCS’s enrolls more than 1,400 students pursuing undergraduate degrees in 12 majors or graduate degrees in Design and Transportation design.

    Founded in 1906 as the Detroit Society of Arts and Crafts, CCS grew into an arts education organization. In 1933, the Society attracted national attention as one of the first art institutions to recognize the automobile as an art form. It has since been inextricably linked to its home city’s signature industry.

    Along with the 2014 Corvette Stingray, four other unique Chevys will cross the block at Barrett-Jackson’s sale, including:
    • General Motors’ CEO Dan Akerson’s 1958 Corvette, with proceeds to benefit Habitat for Humanity’s initiative to improve Detroit’s Morningside Commons neighborhood. The Regal Turquoise roadster is powered by a 245-horsepower small-block V-8. It is scheduled to cross the block on the evening of Friday, Jan. 18.
    • 2012 COPO Camaro convertible, with proceeds to benefit the American Heart Association. It is car number 69 of the 69 COPO Camaro factory drag-race cars built for 2012 and one of only two convertibles built – and it is the only COPO Camaro painted Inferno Orange Metallic. Its sale is scheduled for the afternoon of Saturday, Jan. 19.
    • Guy Fieri’s personalized 2013 Corvette 427 Convertible Collector Edition, with proceeds to benefit the Guy Fieri Foundation for Inspiration and Imagination. Powered by a 505-hp LS7 engine, Fieri’s 427 Convertible is black with custom yellow stripes – a twist on the trademark yellow-and-black color scheme of his other Chevys. The car also features embroidered seat headrests and fender badges that call out his foundation. It is scheduled to cross the block on the evening of Thursday, Jan. 17.
    • 2013 Camaro ZL1 Convertible – the new open-air version is powered by a supercharged 6.2L LSA small-block rated at 580 horsepower. One-hundred percent of the winning bid will benefit Achilles International, which enables people with disabilities to participate in mainstream athletics. Its sale is scheduled for Sunday, Jan. 20.
    The auctions for all five Chevrolets are scheduled to be carried live on SPEED’s coverage of the Barrett-Jackson auction. The weeklong auction runs through Sunday, Jan. 20.
    About Chevrolet
    Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality. More information on Chevrolet models can be found at www.chevrolet.com.
    About the College for Creative Studies
    The College for Creative Studies (CCS) is located in Detroit. A private, fully accredited college, CCS enrolls more than 1,400 students pursuing Master of Fine Arts and Bachelor of Fine Arts degrees. CCS also offers visual art opportunities for learners of all ages through its Community Arts Partnerships and Continuing Education and Precollege programs. For more information, visit www.collegeforcreativestudies.edu/about.

    Wednesday, January 16, 2013

    Corvette Shines in the Big Apple

    NEW YORK – Sixty years ago tomorrow, spectators lined New York City’s posh Park Avenue, waiting to get a glimpse of the ground-breaking Chevrolet Corvette on display at the General Motors’ Motorama show. On Thursday, the Corvette will be back in The Big Apple, marking the historic milestone with the all-new 2014 Chevrolet Corvette Stingray.
    The all-new Corvette Stingray debuted earlier this week at the 2013 North American International Auto Show in Detroit.

    “The all-new 2014 Corvette Stingray is the most advanced and engaging Corvette in the long, prestigious legacy of this uniquely American success story,” said Chris Perry vice president of Chevrolet Marketing. “It is a car woven into the fabric of American culture and it got its start right here in the Big Apple.”
    The introduction of the original Corvette took place at the Waldorf Astoria Hotel on Jan. 17, 1953. That year, more than 1.4 million people saw the curvaceous design and futuristic approach of the Corvette at displays around the United States.
    The enthusiastic response prompted Chevrolet to accelerate production plans and by late June that year, Corvettes were rolling out of a specialized assembly facility in Flint, Mich. Only 300 were built in 1953 – all of them white with a red interior. They represented an auspicious launch for a car that would become synonymous with performance, technology, design and aspiration.
    The 2014 Corvette Stingray remains true to its roots as a two-seat sports car that delivers an engaging driving experience through advanced engineering and lightweight materials. Its technologies are supported by a racing-influenced design and features engineered to work cohesively and deliver the most connected driving experience in the nameplate’s history. It is also the most powerful standard model ever and the most efficient, with 450 horsepower (335 kW) that enables 0-60 times of less than four seconds and projected highway fuel economy greater than 26 mpg.
    The 2014 Corvette Stingray coupe goes on sale in the third quarter of 2013.
    Corvette Fast Facts:
    • The Corvette was originally championed by GM’s legendary styling director Harley Earl, who insisted there was room for an American entry in the European-dominated sports car market. It was also his idea for Corvette to have a fiberglass body.
    • Corvette was named for a small and fast class of naval ships.
    • The 1953 Corvette had a base price of $3,498 and offered only two options – a heater for $91 and an AM radio for $145.
    • Every Corvette model has used innovative materials, from fiberglass in 1953 to advanced carbon-nano technology and carbon fiber on the 2014 Corvette Stingray.
    • A V-8 engine was first available in 1955. That year, it was selected by 90 percent of customers. After that, all Corvettes featured strictly V-8 power.
    • The Stingray name was first used for a prototype race car, the design of which influenced the second-generation Corvette that debuted in 1963. The 1963 Corvette Sting Ray split-window coupe has since been called one of the most beautiful and influential designs in automotive history.
    • Corvette’s legacy of mainstreaming technology previously reserved for high-end luxury cars includes the introduction of fuel injection in 1957, independent rear suspension in 1963, four-wheel disc brakes in 1965, antilock brakes in 1986 and a tire-pressure monitoring system in 1989.
    • Corvette is the longest-running, continually produced sports car in the world.
    • Nearly 2 million Chevrolet Corvettes have been sold since it went on sale in 1953 and in 2012, it accounted for approximately one-third of all sports car sales in America.
    Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4.5 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

    Thursday, January 10, 2013

    High-Strength Steels Help Create Tough New 2014 Silverado

    DETROIT – Full-size pickups are unique. Their owners routinely use them in ways that would horrify most car owners. They pull heavy trailers through the mountains, haul tools and supplies down washboard gravel roads, and slog through mud and muck on farms and construction sites. And trucks are expected to perform these tasks for years on end, with a minimum of repairs.

    To help the new 2014 Silverado measure up to these tasks, engineers chose high-strength steels for the backbone of the new trucks – the fully boxed frames and the structure of the cabs that carry and protect the occupants.

    “Chevy owners use their trucks for earning a living and taking care of their families,” said Jeff Luke, executive chief engineer. “To meet the needs of these hard-working men and women, we chose high-strength steels for the key structural elements of the 2014 Silverado. That reduces the weight of these components without sacrificing the toughness and durability customers count on.”

    To ensure that the new Silverado is up to the challenge, key elements of the updated frame, including the main rails and major cross members, are made from high-strength steel. Hydroforming is used to improve strength and reduce mass of the front of the frame.

    The cab structures are all new, and incorporate high strength steel in the A-pillars, B-pillars, roof rails and rocker panels. Ultra-high-strength steel is used in areas of the rocker panels and underbody in anticipation of new shallow-offset crash tests. In all, about two-thirds of the cab structure is made from high-strength steels.

    Even the pickup bed benefits from tougher steels. The 2014 Silverado 1500 features a roll-formed steel pickup box, which is lighter, stronger and more durable than traditional stamped steel boxes used by major competitors.

    Aluminum is used in a number of areas to reduce mass without compromising dependability. The blocks and cylinder heads of all three EcoTec3 engines are cast aluminum, while 4WD crew cab models use forged aluminum upper front control arms and cast aluminum lower control arms and steering knuckles for a mass reduction of 42 pounds. The hoods are also aluminum, saving 17 pounds over a comparable steel panel.

    The strategic use of high strength steels, aluminum and other premium materials enabled engineers to create a new Silverado that is stronger, more capable and more efficient than current models, while still being lighter than comparable models from a key competitor.

    The materials and technologies used for Chevrolet pickups will continue to evolve, as truck customers face fluctuating fuel prices and truck makers engineer for strict new federal fuel economy standards, said Luke.

    “But whether we are engineering full-size pickups like Silverado, or our efficient new midsize trucks, we can’t forget that trucks are workhorses. The materials we select and the powertrains we engineer must be able to get the job done, and save our customers money by holding down overall cost of ownership year in and year out.”

    To help validate its design and materials for the 2014 Silverado, GM’s new full-size trucks will undergo more than 6 million miles of durability testing on proving grounds and tough test roads, equivalent to 240 trips around the earth. In addition, the trucks will accumulate real-world mileage in excess of 7 million miles during final testing, bringing total test miles to more than 13 million.
    Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

    Wednesday, January 9, 2013

    Chevrolet Will ‘Find New Roads’ as Brand Grows Globally

    DETROIT – Chevrolet is the world’s fastest-growing major automotive brand and as it continues to expand its global operations it is aligning its engineering, design and retail operations behind a single vision and communications platform – Find New Roads.

    The foundation of this new guiding principle is Chevrolet’s legacy of innovation and commitment to doing the right thing for consumers. Find New Roads will be the touchstone for the brand as it develops new products and technologies for sale in more than 140 markets.

    “Find New Roads embraces the spirit of ingenuity that has been in Chevrolet’s DNA since the beginning and it will continue to guide every aspect of our business moving forward,” said Mary Barra, senior vice president of Global Product Development. “We have sold Chevrolets around the world for almost a century, but this is the first time we have aligned behind one global vision.
    “As we develop new products our designers and engineers will be empowered to find smarter solutions to address customer needs and make their lives better.”

    Since the launch of the Cruze mid-size sedan – the brand’s first truly global vehicle – in 2009, Chevrolet sales have grown about 38 percent.

    “This is the right time to launch this initiative with over 20 vehicle launches globally in 2013,” said Alan Batey, vice president, U.S. Sales, Service and Global Marketing. “We are continuing to grow globally, especially in key emerging markets, and Find New Roads will help us drive even more consistency – both internally with our employees and externally with customers.”

    Chevrolet’s approach to marketing and the retail experience is already aligning with this new global vision. Last year Chevrolet selected Commonwealth, a newly formed advertising agency, to service Chevrolet advertising around the world. The brand also has launched a program to train dealership personnel to approach every aspect of their business differently to improve the retail experience.
    In addition to driving internal consistency for Chevrolet, Find New Roads also will be used in advertising around the world, beginning in the United States this quarter.

    Find New Roads will enable the whole company to rally around a consistent theme for the brand, and at the same time serve as an external message that works in all markets,” said Batey. “The theme has meaning in mature markets like the U.S. as well as emerging markets like Russia and India, where the potential for continued growth is the greatest.”

    Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

    Monday, January 7, 2013

    Chevy Takes TuneIn for a Spin at CES

    LAS VEGAS – They may be small cars, but future Chevrolet Sparks and Sonics will pack a world of infotainment choices with the addition of streaming audio powerhouse TuneIn and its global network of 70,000 stations. Today for the first time, Chevrolet will demonstrate TuneIn capability – in a 2014 Spark EV – at the Consumer Electronics Show.
    Enabled by a smartphone app compatible with the standard MyLink Radio on uplevel Spark and Sonic models, TuneIn will give customers all over the world access to global, personalized infotainment controlled through the car radio. It means a customer living in Chicago can dial in a talk radio station in Africa and a customer in South Korea can listen to his favorite electronic music station in Europe or jazz station in New Orleans.
    MyLink is currently standard on the 2013 Spark LT and Sonic RS and LTZ models. It is available on the 2013 Sonic LS and LT. MyLink will be standard on the 2014 Spark EV when it goes on sale in summer 2013.
    “We listened to customers around the world when we developed MyLink for Spark and Sonic, and we believe TuneIn will be a big hit with those who crave customized connectivity and entertainment,” said Cristi Landy, director, Chevrolet small cars and electric vehicles. “Our Spark and Sonic buyers will have a fantastic solution for tuning in to their favorite radio stations from around the world.”
    TuneIn is one of three new smartphone app-based features expected to be available later this year for MyLink-equipped Spark and Sonic models. Others are BringGo, a full-function navigation system; and Siri, Apple’s intelligent assistant (for customers with a compatible iPhone running iOS 6) that allows drivers to get things done just by asking. (Customers should consult their dealer and check the Chevrolet website for updates on when these features will be available.)
    Two other embedded apps, Pandora internet radio and Stitcher Smart Radio, were included with MyLink when it debuted in Spark and Sonic.
    To access TuneIn through the MyLink Radio, a customer needs to download the free TuneIn Radio app to a compatible smartphone and connect the phone with MyLink for safe, seamless connectivity to live local, international and Internet radio. Users can search for programming by location, genre, sports team name, station type or call sign.
    “TuneIn will add another dimension to Spark and Sonic infotainment choices, and demonstrates the ability to continually expand and update MyLink capabilities with new smartphone apps,” said Landy.
    How MyLink Radio for Spark and Sonic works
    The Spark’s MyLink Radio functions as an extension of the owner’s compatible iPhone, Android, or BlackBerry. MyLink also supports select phones with the Symbian operating system from Nokia and certain phones with the Windows Mobile operating system from Microsoft.
    Owners connect their customized music libraries, contacts, videos and photos with the radio using their smartphones, and the vehicle’s Bluetooth, plug-in outlet or USB. Then, they select from options projected onto the seven-inch color touch-screen: Audio, Pictures & Movies, Telephone, Smartphone Link and Settings.
    Each menu selection takes the user though a list of easy-to-select functions while the smartphone is safely stowed.
    Siri Eyes Free Mode
    Spark and Sonic customers with a compatible iPhone* running iOS 6 can direct Siri to perform a number of specific tasks while they keep their eyes on the road and their hands on the wheel. Owners will simply connect their iPhone with the MyLink radio via Bluetooth, pair with the system, and use the steering wheel voice activation button to begin and end sessions with Siri in its Eyes Free mode.
    In MyLink-equipped Spark and Sonic models, owners will be able to use Siri in Eyes Free mode to:
    • Make voice-activated, hands-free calls to Contacts on their iPhone
    • Play songs from their iTunes library, and switch music sources from AM/FM/XM radio to iPod mode
    • Listen to, and compose and send an iMessage or text message to a phone number or anyone in saved Contacts
    • Access Calendar and add appointments
    • Keep the screen of the iPhone from lighting up, even when Siri answers simple questions such as game scores or the dates of national holidays
    • While in Eyes Free mode, Siri will not provide answers to complex questions that require displaying a web page.
    * Siri is available in Beta only on iPhone 4S, iPhone 5, iPad (3rd and 4th generations), iPad mini and iPod touch (5th generation), and requires Internet access. Siri may not be available in all languages or in all areas, and features may vary by area. Cellular data charges may apply.
    BringGo will add full-function navigation, traffic updates
    Consumers who purchase the BringGo embedded smartphone app for MyLink in the Spark and Sonic will have access to:
    • Emergency information such as police, fire and the nearest hospital
    • Thousands of points of interest, such as the nearest department store, restaurant by type, repair shop, etc.
    • Local Search via Google
    • Where am I? locator
    • Live traffic functionality for select crash reports, lane closures and alternative routes
    • 3-D maps
    • Ability to calculate remaining miles of electric range
    • Ability to store native maps to the customer’s smartphone, giving them access to locations and turn-by-turn directions even when phone signal quality is poor. Many GPS-enabled apps do not do this.
    All Spark and Sonic models come with six months of OnStar’s premium Directions and Connections service standard. OnStar brings added safety, security and connectivity to these vehicles, including services such as Automatic Crash Response, Stolen Vehicle Assistance, Vehicle Diagnostics and Roadside Assistance.
    About Chevrolet
    Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design and high quality. More information on Chevrolet models can be found at www.chevrolet.com.
    About TuneIn
    TuneIn lets people listen to the world’s music, sports, talk and news from wherever they are, with over 70,000 AM, FM, HD and Internet radio stations and more than two million on-demand programs streaming from every continent. To date, TuneIn has raised venture funding from General Catalyst, Sequoia Capital, Google Ventures and Jafco Ventures and is headquartered in Palo Alto, Calif.

    Thursday, January 3, 2013

    GM Sells 1 Million 30 MPG-Plus Vehicles in 2012

    DETROIT – General Motors is the first U.S. automaker to sell more than 1 million vehicles in its home market in a single year that get an EPA-estimated 30 mpg or better on the highway test cycle.
    “Our investments in advanced powertrains are clearly paying off, and our smaller vehicles are resonating with customers,” said Mark Reuss, president of GM North America. “In 2013, we'll introduce new diesel, eAssist and plug-in vehicles in the United States and expand the availability of turbocharged four-cylinder engines.
    “This will give us the most technologically diverse range of fuel-efficient cars and crossovers in the industry.”
    Thirteen GM vehicles have at least one high-volume model that achieves 30 mpg highway or more.
    VehicleEPA Est. Highway Fuel Economy
    1.Chevrolet Sparkup to 38 mpg
    2.Chevrolet Sonicup to 40 mpg
    3.Chevrolet Cruzeup to 42 mpg
    4.Chevrolet Voltup to 98 mpg/e
    5.Chevrolet Malibuup to 37 mpg
    6.Chevrolet Impalaup to 30 mpg
    7.Chevrolet Camaroup to 30 mpg
    8.Chevrolet Equinoxup to 32 mpg
    9.Buick Veranoup to 32 mpg
    10.Buick Regalup to 36 mpg
    11.Buick LaCrosseup to 36 mpg
    12.GMC Terrainup to 32 mpg
    13.Cadillac ATSup to 33 mpg
    Source:
    2013MY EPA Fuel Economy Guide
    • Four Chevrolet cars – the Spark, Cruze, Sonic and Volt – achieve 30 mpg or better in EPA combined city and highway driving.
    • Combined 2012 sales of GM’s mini, small and compact cars are expected to be up about 39 percent, driven by the launches of the Spark and Buick Verano, and the ongoing success of the Chevrolet Sonic, Cruze and Volt.
    • About 40 percent of GM’s vehicles by sales volume are powered by fuel-efficient four-cylinder engines – 10 percentage points higher than in 2010.
    • GM’s two highest fuel-economy four-cylinder models are the 42-mpg Chevrolet Cruze Eco and the 40-mpg Chevrolet Sonic, both of which are powered by a turbocharged 1.4L ECOTEC engine mated to a six-speed manual transmission.
    • Chevrolet and Buick dealers delivered more than 50,000 vehicles that use advanced lithium-ion battery technology. Chevrolet Volt sales totaled more than 23,000 units, making the car the country’s best-selling plug-in vehicle.
    • Combined sales of the Chevrolet Malibu, Buick Regal and Buick LaCrosse powered by eAssist, which delivers EPA-estimated highway fuel economy of up to 37 mpg, totaled more than 30,000 units.
    In 2013, Buick will launch the 33-mpg Buick Encore crossover, Cadillac will introduce the ELR extended-range electric vehicle and Chevrolet will expand availability of eAssist to include the all-new Impala. Chevrolet will also introduce a 2.0-liter clean diesel powertrain for the Chevrolet Cruze and a full-electric powertrain for the Spark.
    The launch of the Spark EV will make GM the first company to build a complete electric motor and drive unit for a modern electric vehicle in the United States. By 2017, GM will have up to 500,000 vehicles on the road with some form of electrification, with a focus on plug-in technology.
    GM will release its December 2012 sales today at 10 a.m. EST.
    General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
    ###
    Forward-Looking Statements

    In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.