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GM laying off more than 4,000 workers Monday morning

According to reports from Automotive News, The Detroit News, and CNN, General Motors plans to begin laying off more than 4,000 salaried workers starting Monday morning. In a statement to AN, a spokesperson for the automaker said, "We are not confirming timing. Our employees are our priority. We will communicate with them first." We've been expecting layoffs at General Motors since November, 2018. At the time, the Detroit-based automaker announced it would seek to shed 8,100 salaried employees, shut down five assembly plants in North America, and kill off several slow-selling models. One month earlier, GM offered buyout packages to 18,000 workers and said it would seek to cut its global workforce by 25 percent. A spokesperson said at the time the moves were "proactive steps to get ahead of the curve by accelerating our efforts to address overall business performance." The cost-cutting moves are expected to save GM up to $2.5 billion in 2019 and as much as $6 billion by 2020. David Kudla, CEO and chief investment strategist of Mainstay Capital Management, referred to the impending culling as "Black Monday" and told The Detroit News that the layoffs would begin around 7:30 a.m. and continue in waves throughout the coming days and weeks. GM plans to deliver on its fourth-quarter and full-year 2018 earnings report on Wednesday. President Donald Trump plans to deliver the annual State of the Union address a day earlier on Tuesday. We expect to hear plenty more from both sides over the next several days.

The Jitterbugs somersaulted at the 1986 Chicago Auto Show for the Chevy Nova

Judging by the vintage videos that the Chicago Auto Show has been uploading, if you wanted to check out the latest vehicles and watch some dancers in the same place in the late '80s and early '90s, then the Windy City event was definitely the place to be. We've already seen the Footlockers pitching the Cavalier in '88 and a troupe of women singing about the Geo brand in '91. Apparently, the trend went back even further, though. Just take a look at this group called the Jitterbugs selling some badge-engineered products from Chevrolet at the 1986 show. Flanked by the Chevy Nova and Spectrum, these guys managed to do a few pretty impressive jumps and somersaults but mixed them with some rather uninspired spins, as well. Also, wait for 1:24 into the clip to see the least enthusiastic backup dancers that the world has ever known. The Jitterbugs are even further proof that Chevy's habit of mixing dancing and its vehicles goes back even further than the Volt. News Source: ChicagoAutoShow via YouTube Auto News Marketing/Advertising Chicago Auto Show Chevrolet Videos Chicago chevy nova

Corvette Stingray Shooting Brake under consideration by Callaway [w/poll]

Callaway has released a few renderings of a design study for a shooting brake version of the C7 Chevrolet Corvette Stingray. The company says it wants to create a long-roof version of America's sports car to offer buyers more interior room and a vehicle with "unique style." The company says it will use structural carbon fiber for the new body bits, which suggests the conversion shouldn't add too much more weight to the Corvette. Along with a few mechanical tweaks, the Callaway Corvette Stingray AeroWagon could breeze past the 200 miles per hour barrier.
Provided that they get enough interest, Callaway estimates they will be able to effect the changes on the Chevrolet for around $15,000, and says the conversion work should be available through its network of dealers. You can check out the brief press release below for more information, or head over to the Callaway site to plunk down a deposit - but before you do, we want to know... do you find this C7 wagon interesting? Vote in our poll below, then feel free to leave a few lines in Comments.
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