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GM may kill 6 car models as it works with UAW to tackle sales slump

The president of the United Auto Workers union said on Thursday the union is talking with General Motors about the potential threat to plants and jobs from slumping U.S. car sales. GM's response will be more trucks and SUVs, and sources say at least six slow-selling car models may be killed off. "We are talking to (GM) right now about the products that they currently have" at underused car plants such as Hamtramck in Michigan and Lordstown in Ohio, and whether they might be replaced with newer, more popular vehicles such as crossovers, Dennis Williams told reporters. "We are tracking it (and) we are addressing it," Williams added. GM has cut shifts at several U.S. plants this year as inventories of unsold cars have ballooned. Industry analysts said more jobs could be at risk as the automaker wrestles with permanently shrinking production of small and midsized sedans. GM is reviewing whether to cancel at least six passenger cars in the U.S. market after 2020, including the Chevrolet Volt hybrid, which could be replaced in 2022 with a new gasoline-electric crossover model, Reuters has learned from people familiar with the plans. Other GM cars at risk include the Buick LaCrosse, Cadillac CT6, Cadillac XTS, Chevrolet Impala and Chevrolet Sonic, sources said. Some analysts have singled out GM's Hamtramck plant in Detroit as one of the most vulnerable because of plummeting car sales. The plant, which opened in 1985, builds four slow-selling models: Buick LaCrosse, Chevrolet Impala, Cadillac CT6 and Chevrolet Volt. In the first half, it built fewer than 35,000 cars, down 32 percent from the same period in 2016, according to suppliers familiar with GM's U.S. production schedule. The typical GM assembly plant builds 200,000-300,000 vehicles a year.COMING ATTRACTIONS: TRUCKS AND SUVS GM must "create some innovative new products" to replace slow-selling sedans "or start closing plants," said Sam Fiorani, vice president of AutoForecast Solutions. The auto maker already has begun to shift future production plans from cars to trucks, according to Morgan Stanley auto analyst John Murphy. He estimates that fewer than 10 percent of the new vehicle models that GM will introduce over the next four years will be passenger cars, with the rest divided among trucks, SUVs and crossovers. GM plans to add production of the new Cadillac XT4 crossover next year to its Malibu sedan plant in Fairfax, Kansas.

GM will stop reporting monthly U.S. vehicle sales

DETROIT — General Motors said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market, and will instead issue quarterly sales. GM will also no longer report monthly sales in China, its largest market, and Brazil. GM will provide monthly data to the U.S. Federal Reserve, industry associations and government agencies across the globe, but that data is not made public. Analysts and investors rely on monthly U.S. vehicle sales not just to track the performance of individual automakers, but as a barometer of the health of the world's second-largest auto market and as an indicator of consumer confidence in the U.S. economy overall. GM and its Detroit rivals Ford and Fiat Chrysler have relied heavily on sales of high-margin pickup truck and SUV sales to boost profits. GM's total U.S. sales, its second-largest market, are down 3.2 percent for the first two months of 2018, reflecting a 6.8 percent drop in retail sales to individual customers, the company reported last month. GM executives have expressed frustration that comparisons of monthly U.S. sales results among rival automakers are distorted by short-term discount programs, and by differences in strategy for selling vehicles in bulk to rental car fleets. "Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market," Kurt McNeil, U.S. vice president for sales operations said in a statement. GM's actions could prompt other automakers to also switch to quarterly U.S. sales reports. Major automakers will report March U.S. new vehicle sales on Tuesday. Until the early 1990s, most U.S. automakers released sales results every 10 days. The former Chrysler Corp. stopped reporting sales on a 10-day basis in 1990, and rivals followed suit over the next three years. GM executives are betting that investors will quickly adapt to receiving U.S. sales data every three months, as investors in other retail sectors already have. Retailers such as Walmart report sales on a quarterly basis. Reporting by Joe WhiteRelated Video: Image Credit: Reuters Earnings/Financials Green Buick Cadillac Chevrolet GM GMC US

Next-generation Buick Enclave spotted with Wildcat looks

The rollout of GM's next-generation three-row large SUVs is well under way with the reveals of the 2024 Chevy Traverse and GMC Acadia. Another vehicle on the platform is also getting a redesign soon, according to these spy photos: the Buick Enclave. It's still going to be big, and it will now receive the same sort of Wildcat concept-inspired styling as smaller Buicks such as the Envista and Encore GX. The Enclave's front is where the Wildcat connection is the most clear. It has the pointy shark nose and wide, frowning grille. It's hard to say whether it will get a mesh grille like some of the production SUVs, or a slatted grille like the concept. High up are slender daytime running lights with the actual illuminating headlights hidden lower in the outboard air intakes. We're not totally sure if this look will work on such a large, tall vehicle, but we'll reserve final judgment when we can see the car with all its paint and trim on display. The sides of the Enclave still have a fair bit of the Coke bottle curves that have appeared on every Enclave, if a bit more toned down. The greenhouse seems to take after the GMC Acadia more than the Traverse, as it seems it has a relatively thin C-pillar. The D-pillar looks quite thick, which will probably be toned down with judicious application of gloss black plastic.  Details of the rear are difficult to make out. It seems to have slim, wide and curvy rear taillights. The rectangular exhaust tips are nicely fitted to the rear bumper. But that's about all that stands out. We're expecting the Enclave to have basically the same powertrain as the GMC Acadia, with the one engine offering being a turbocharged 2.5-liter four-cylinder with 328 horsepower and 326 pound-feet of torque. It should be paired with an eight-speed automatic and either front- or all-wheel drive. Odds are it will not get an off-road variant like the Acadia AT4 or Traverse Z71. But it might get a sportier road-going version that could take advantage of the torque-vectoring dual-clutch rear differential from those aforementioned off-roaders. It should also be revealed sometime next year with deliveries likely in the same year. Related video: