AD #3458 – Honda To Make Fuel Cell CR-V in U.S. In 2024; VW Delays Major EV Project; UAW Rank & File Ignore Election

November 30th, 2022 at 11:56am

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Listen to “AD #3458 – Honda To Make Fuel Cell CR-V in U.S. In 2024; VW Delays Major EV Project; UAW Rank and File Ignore Election” on Spreaker.

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Runtime: 9:27

0:08 Honda To Make Fuel Cell CR-V in U.S. In 2024
0:47 UAW Rank & File Ignore Election
1:36 NEVs Hit 31% Market Share in China
2:21 Scout Talking to Foxconn & Magna for Assembly
3:27 Opel’s First BEV Wagon
4:23 VW Delays Major EV Project
5:17 Hyundai & CATL Become Battery Partners
6:02 Hyundai Names Top Designer as President
6:55 U.S. November Sales Could Be Good
7:54 Corvette to Become Standalone Brand

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37 Comments to “AD #3458 – Honda To Make Fuel Cell CR-V in U.S. In 2024; VW Delays Major EV Project; UAW Rank & File Ignore Election”

  1. Kit Gerhart Says:

    It looks like GM wants Corvette to go the way of Saturn.

  2. MERKUR DRIVER Says:

    1) They certainly are trying to follow the Ferrari business model. I suspect what’s next will be stand alone dealers or direct sales of Corvette models. Now that it is a sub brand they will not want to be associated with Chevrolet. They are already separate in other countries as Chevrolet doesn’t exist in those countries.

  3. Lex Says:

    Magna will one day do a JV / merger or be bought out by a Chinese Automotive OEM.

  4. Buzzerd Says:

    Corvette it’s own brand? Seems like a logical thing to do.

  5. Kit Gerhart Says:

    Corvette becoming a sub-brand will not be good. First, there will be a “performance” SUV and sedan that will be unique, but then, after a year or two, there will be a badge engineered Corvette Equinox, Corvette Traverse, and Corvette Malibu, if Malibu is still around by then.

  6. Stu Says:

    RE: Corvette – it sounds to me like GM is looking at Porsche and thinking they can challenge them in the other segments, not just sports cars. Time will tell, but a lot will depend on what those future models look like and their capabilities.

  7. Buzzerd Says:

    @5 I don’t see that happening as that’s why they have the other brands. Time will tell.

  8. Kit Gerhart Says:

    6 I’ve said here times before, but there is not a 911 Cayenne. It’s a Porsche Cayenne. If GM sells a Corvette SUV, they are destroying 70 years of history. Corvette should remain a model, not a brand, just as 911 has remained a model.

  9. Lambo2015 Says:

    3 Seriously doubt Magna will be bought out by a Chinese OEM. They are the third largest global manufacturer in revenue, and Largest automotive supplier in sales. They have over 40 billion in annual sales. They wont risk all those sales by going OEM and becoming a competitor. They currently supply to almost every OEM.

  10. MERKUR DRIVER Says:

    Fortunately, there are 537 shark species out there so they should not run out of names for their products. I really hope they don’t do the stupid thing and use Alpha Numeric numbering like they are Audi or BMW.

    5) Lets hope they don’t do tarted up Chevrolets. I assume it will be vehicles built on the Cadillac Lyriq. Change the styling on the front/rear and the interior and voilla, you have an Electric Corvette SUV. Then lower that and change the rear end a bit and you have an Electric Corvette Sedan.

  11. Lambo2015 Says:

    I think the only way GM can pull off a Corvette brand is if they have extremely sportscar inspired designs and avoid sharing anything with other GM brands.

  12. JWH Says:

    Corvette should remain a model – & should always be a 2-door sports car. IMO it would be too much dilution of what a Corvette is.

    I refer to Ford Mach E & do not consider it a Mustang.

  13. Joseph C Says:

    Corvette – if Porsche, Maserati, Ferrari and Lambo can make healthy profits with performance SUVs and sedans, then GM can do the same using the Corvette sub-brand. It would automatically convene performance and exclusivity, compared to any other existing GM brand.

  14. Kit Gerhart Says:

    12 I agree 1000 percent.

  15. GM Veteran Says:

    I’m sure GM could come up with a suitable franchise name, and then sell the Corvette and the EV SUV and sedan under that franchise with their own model names. (And hopefully not copy the idiotic Buick plan to call all of their EV models Electra, with only a couple of differentiating numbers after the name).

    It will be interesting to see how GM and Chevy handle this. Each dealer agreement is good for five years and specifically lists the models that the dealer agrees to sell. Each Chevy model is listed, including Corvette. So, they will have to wait until the current contracts are about to expire and offer new ones that do not include the Corvette model in that list. This will create a firestorm of criticism from the Chevy dealers.

    I predict GM will create a new franchise (hopefully not called Corvette) and offer it to their biggest and best dealers. In some markets, that may mean a Buick-GMC dealer may get it instead of a Chevy dealer. Certainly, some Cadillac dealers would be able to make a strong pitch to get this new franchise. GM will want to have the customers for these new vehicles handled in a fashion befitting six figure vehicles. They have long been frustrated that most Chevy dealers treat Corvette customers the same way they do Malibu buyers.

  16. Norm T Says:

    The onslaught of BEV transition can really rewrite the book for many of the legacy auto companies, some good, some bad. Look to Corvette brand to focus in as a cheap Porsche as will many neer EV names like Polestar.

  17. XA351GT Says:

    How many products and manufacturers have been linked to that Lordstown Plant ? Has anything been made there at all since GM closed it ?

  18. XA351GT Says:

    Maybe they should give that Electric Vette a new name , You have the ICE Corvette Sting Ray why not call it the Corvette (electric) Eel ? They could call the SUV a Corvette Beluga (whale) and the sedan The Corvette Sturgeon. Cause it all sounds fishy and may take the name plate down to Davey Jones’ locker. LOL

  19. Arm J. Says:

    They just copied Ford direction on the Mustang having its own brand with SUV too.

  20. Arm J. Says:

    They just copied Ford direction on the Mustang having its own brand with SUV too.

  21. GM Veteran Says:

    18 – You get the chuckle of the day award!

  22. GM Veteran Says:

    17 – Lots of talk, tentative plans, no volume production of anything yet. A handful of the Lordstown Endurance pickups have been built, mostly for federal certification, crash testing, etc. Maybe a few units for customer evaluation by fleet companies. I’m hopeful for the Lordstown, OH area, but not holding my breath.

  23. Kit Gerhart Says:

    13 The Porsche SUVs are not called 911. The Ferrari SUV is not called Monza or Enzo, and the Lamborghini SUV is not called Huracan.

  24. Kit Gerhart Says:

    20 Maybe Foxconn should make iPhones in Lordstown.

  25. Kevin A Says:

    … so if we did play a game with Corvette model names, what would you choose? I like Stingray for the foundation 2 dr sports car. Random letters for the performance models (ZR1, S, GT8 etc), Shredder for the serious off-road model, Ninja for the electric model, Penthouse for the 4 person coupe and ‘GMW’ for the SUV. Not likely to get away with that last one.

  26. merv Says:

    I like the Corvette idea of expansion. As long as the 2 door variety remains faithful. I think GM will hit a home run with this program.

  27. Lambo2015 Says:

    22 Yeah I would have rather seen GM Develop a Performance brand to transfer the Corvette over to along with a new SUV and sedan, or even bring back Pontiac. Take the iconic hood emblem of the Corvette’s checkered flags and put in on all the models but not share the Corvette name. Then they could bring back the GTO, the Firebird and Trans AM. Just seriously need to avoid the anchor models that drove PontiaTrans Sport, Montana or Aztek.

  28. wmb Says:

    Chevy/GM should design an electric sedan and SUV/CUV/Crossover, BEVs, heavily influenced by the styling of the Corvette, yet, as a number have already said, give them different names. Names like Impala, Volt, Monte Carlo, Corsica Beretta or Z28 Or, as Lambo2015 said, bring back certain Pontiac vehicles as EVs through Buick, like they did with Hummer through GMC. Then, they could have used the names Grand Prix, Grand Am, Trans Am or even Firebird. While Ford has had much success with the Mustang Mach-E, having named it the Mach-E and leaving it with the Mustang styling influence, IMHO, wouldn’t have changed things on the sells front and may not have upset loyalists as much! For GM/Chevy to just walk into this and do the same thing, knowing the heartburn that Ford experienced, yet STILL be doing did the same thing, is just silly!

  29. Kit Gerhart Says:

    A corvette is a small warship, so maybe any additions to the theme should be warship classes. A sedan could be Frigate, a mid-size CUV Destroyer, and a large SUV Battleship. Cruiser is also a mid-large option, but doesn’t fit the performance theme. All of them should be Chevrolet brand. Corvette as a brand is seriously stupid.

  30. Michigander 1 Says:

    Corvette SUV awesome, when can I place my order!

  31. Lambo2015 Says:

    According to the Wall Street Journal,
    “GM Chief Executive Mary Barra said Tuesday that a slower-than-expected start to battery-cell operations at a new factory in Ohio will delay some EV sales. GM had expected to sell 400,000 EVs from early 2022 through the end of next year but has pushed out the time frame until mid-2024.”
    However; She said GM’s longer-range goal of selling 1 million EVs in North America in 2025 is intact. So she expects 400,000 between now and 2024 but to sell 1 million in 2025. I’m guessing she will change that verbiage to say she meant GM will sell their 1 millionth EV by 2025. But for now her wording is GM will sell 1 Million in 2025 alone. I have my doubts.

  32. Kit Gerhart Says:

    29 Dreadnought, another term for Battleship, would be a better name for a large SUV.

  33. Kit Gerhart Says:

    31 If you include Volt, GM has already sold ~300,000 EVs, so it should be easy for them to sell a million by 2025. A million a year in 2025? I also have my doubts about that.

  34. MERKUR DRIVER Says:

    I prefer Stingray for the 2 door sports coupe. Mantaray for the Sedan. And one of the largest of the ray fish…Devilray for the SUV.

    Sadly I think it will be a combination of Z’s O’s and Numbers to name the corvette sub brands.

  35. Kit Gerhart Says:

    Chevy’s last sub-brand used names like Metro, Tracker, Spectrum, and Storm. Maybe they could revive those.

  36. RS Says:

    @3
    Doesn’t the Stronach family hold enough voting stock in Magna to prevent a hostile takeover? That family is VERY protective, so would not likely be interested in a merger.

  37. Lewis Van Says:

    GM has enough brands to sell 4 door sedans, SUVs, and crossovers, they don’t need to ruin the Corvette image by adding additional body styles.