#generalmotor

[citizenzombieproductions]

1958 Chevy Apache

1st Annual Venice Classic

The best looking classic Chevy trucks in my opinion

[coffeenuts]

[walkingdetroit]

Reimagining the Renaissance Center

While working on my "Art in the Stations" blog series earlier this year, I began familiarizing myself with the Renaissance Center, home to General Motors.

I never had a reason to walk inside before, so after researching the art in the People Mover Station, I decided to start roaming around the towers- and discovered how empty they were.

I envisioned apartments, shops, cafes, and new restaurants occupying all the empty space. The location is perfect for a walkable neighborhood, yet the area seems to shut down after 5PM. The Riverwalk is one of Detroit's true gems, and I can't think of a better place for a new community in our beautiful city.

I've chatted with others about this over the past few months and was met with resistance. "GM would never let that happen," they would say.

I've also biked through blocks of cement and nearby empty parking lots, also owned by General Motors (and home to the Grand Prix), imagining parks, trees, and bike paths along the Detroit Riverwalk. As I look at all the unused space, dreams of placemaking and streets for people filled my mind.

The RenCen has been the headquarters of GM since they purchased the towers in May of 1996, but it was recently announced that they will be moving into the Hudson's building in 2025.

So, what is next for the Renaissance Center? I chatted with Radio Free Urbanism about this on their recent podcast, and it was interesting to hear their perspective about these iconic John Portman structures.

Who will purchase the towers? How will they occupy the space? The future is unclear, but there's amazing potential to create a beautiful neighborhood for the city to enjoy.

Let me know what you think!

[teilix]

1960 Cadillac Sedan de Ville in Kassel. #tailfins #carfins #carfin #carcorners #carcorner #1960cadillacsedandeville #1960Cadillac #60Cadillac #CadillacSedandeVille #Cadillac #classiccadillac #vintagecadillac #cadillacworld #generalmotors #uscar #uscars #americancar #classiccar #oldtimer #vintagecar #classiccarspotting #vintagecarspotting #carspotter #teilixcadillac #CarPhotography #automotivephotography #carworld #technoramakassel #technorama (hier: Messe Kassel) https://www.instagram.com/p/Cmbs850IolN/?igshid=NGJjMDIxMWI=

[goldblooded777]

Say hello to the new bby 🖤

[minister-erik]

CADILLAC EL DORADO 1970 (not just a car, it's an automobile) - Composition Friday

© Erik McGregor - erikrivas@hotmail.com - 917-225-8963

[fabianoardito]

#chevrolet #chevroletcaravan #chevy #gmc #generalmotors #caravan #gmcaravan #6cc #4ponto1s #shipcontainerhouse #conquistainer194 (em Americana, Sao Paulo) https://www.instagram.com/p/Co8cFlmtD4S/?igshid=NGJjMDIxMWI=

[slooooooooooooow]

My kind of Friday night lights! ——————————————————————- #20thAnniversaryTransAm
#Indianapolis500PaceCar #IndianapolisPaceCar #PaceCar #PaceCarHistorian #TransAm20thAnniversary #TransAmIndianapolis500PaceCar #TTA711 #TurboTransAm #TTA #GeneralMotors #GM #Pontiac #PontiacLove #PontiacsOfInstagram #3rdGenFbody #FBody #FBodyNation #FBodysForever #Firebird #ThirdGenFbody #TransAm #TransAms_Of_Instagram #TransAmWS6 #WS6 #WS6Nation #WS6TransAm ———————————————————————— @ForeverPontiac @Pontiac_Cars_Forever @FBody_Empire @FBodyForum @FBodysforever @Firebirds_and_Camaros_Hub @The_Official_Trans_Am_Guy @TransAms_of_Instagram @Pontiac_Firebird_World https://www.instagram.com/p/CnYCUZ_tfsD/?igshid=NGJjMDIxMWI=

[moindre]

Just « sold » this car and another one and I kind missed them a little even tough they got finished like some weeks ago, those cars is gonna help me reminding me of those two friends who were nice to me. They gonna stay in my mind.You don’t realize the true value of someone or something until is gone. Love everyone. #papercraft #musclecar #70s #80s #retroaesthetic #sunset #night #motivation #love #friendship #buick #chevrolet #pontiac #oldsmobile #generalmotors #2door https://www.instagram.com/p/CmE4vfdKPaZ/?igshid=NGJjMDIxMWI=

[automotorcenter]

The 2023 Chevy Corvette Z06 – The $100k American Supercar / Let your ears enjoy !!!. This is not a drill. General Motors has built a 670-horsepower, 8,600 rpm, mid-engine monster with all of the trimmings of European prestige for less than the cost of a base model Porsche 911.

[citizenzombieproductions]

1969 Chevy Camaro

Crazy Fish Cars and Coffee 7/25/20

Classically made muscle car.

[theafricanmedia]

Uber app to Integrate robotaxis from Cruise in 2025 http://dlvr.it/TCGNMD

[rethinking-the-dollar]

Corporate Bailouts Disguised as Green Innovation | Buying Time For A Cratering Economy

[teilix]

1972 Cadillac Fleetwood Series 75. Length: 6,322 mm (248.9 in). A #landyacht for #uscarweek by @car.spot.maarten Seen in Traventhal last June. #cadillacfleetwood #cadillacseries75 #caddyfleetwood #cadillacfleetwood75 #1972cadillac #fullsizecar #fullsizesedan #70scadillac #luxurysedan #Cadillac #classiccadillac #vintagecadillac #cadillacworld #generalmotors #uscar #americancar #classiccar #oldtimer #vintagecar #classiccarspotting #vintagecarspotting #teilixcadillac #CarPhotography #automotivephotography #carworld #Traventhal (hier: Landgestüt Traventhal) https://www.instagram.com/p/CoXV8bUIvg7/?igshid=NGJjMDIxMWI=

[gqresearch24]

GM Beats Wall Street Expectations, Raises Annual Forecast

In a surprising turn of events, General Motors (GM.N) has outperformed Wall Street expectations with its quarterly results and has subsequently raised its annual forecast. The Michigan-based automaker attributed this success to stable pricing and sustained demand for its gas-engine vehicles, which has spurred a 5% surge in its shares.

Exceeding Projections

General Motors has revised its adjusted pre-tax profit projection for the year, now aiming for a range between $12.5 billion to $14.5 billion, up from the previous estimate of $12 billion to $14 billion. Paul Jacobson, GM’s Chief Financial Officer, praised consumers for their resilience amid higher interest rates, noting that demand remained robust in the first quarter.

Optimism Amid Challenges

Despite facing challenges in the Chinese market and with electric vehicles (EVs), GM’s strong performance in vehicle pricing, particularly with gasoline-powered trucks, has buoyed investor confidence. Analysts were pleasantly surprised by the resilience of pricing, with some acknowledging the pivotal role played by trucks and SUVs in GM’s profitability.

Tim Piechowski, a portfolio manager at ACR Alpine Capital Research, emphasized the importance of GM’s robust profit generation from its core products, which he believes will continue to support its EV initiatives.

Mixed Sentiments

However, some analysts remain cautious, citing potential market share losses in the absence of hybrid gasoline-electric vehicles. Garrett Nelson from CFRA Research raised concerns about the impact of heavy spending on EVs on GM’s cash flow, despite the company’s positive quarterly performance.

Financial Highlights and Challenges Ahead

In the first quarter, General Motors reported a 24.4% increase in net income to $3 billion, accompanied by a 7.6% rise in revenue to $43 billion. Adjusted earnings per share of $2.62 surpassed the average Wall Street target, reflecting the company’s strong performance.

Looking ahead, CEO Mary Barra faces significant challenges, including revitalizing GM’s sales in China and addressing issues within Cruise, its autonomous vehicle unit. Cruise faced setbacks after an incident involving one of its self-driving cars, leading to operational halts and substantial financial losses.

Future Prospects and Market Dynamics

Despite these challenges, GM remains committed to its long-term growth strategy. Barra expressed confidence in the potential of GM’s business in China and reiterated the company’s dedication to the world’s largest auto market. Additionally, GM’s joint venture with LG Energy Solution, Ultium Cells, is ramping up production of battery cells, signaling the company’s commitment to EV development.

Also Read: Global Light Commercial Vehicle (LCV) Market