FONT-SIZE Plus   Neg

WSJ: GM Secures Aluminum For Pickup Truck Launch By 2018

General Motors Co. (GM) is gearing up to launch a largely aluminum-bodied pickup truck by late 2018, and recently locked-in supply contracts with Alcoa Inc. (AA) and Novelis Inc., the Wall Street Journal reported, quoting people familiar with the matter.

The company is facing the heat of federal fuel efficiency standards. Last month, Ford Motor Corp. (F) launched its 2015 F-150, which has a body made almost entirely of aluminum.

GM is looking to use more advanced welding techniques to produce a lighter, stronger and easier to assemble truck than Ford, the report added.

The firm has a patented process that uses multi-ringed electrodes and eliminates lots of rivets from its assembly. It has already been used in the production of the hood of the Cadillac CTS-V, the lift gate of hybrid versions of Chevrolet Tahoe and GMC Yukon and in the 2014 Chevrolet Corvette Stingray.

GM had considered in 2008 to use a largely aluminum design for its Silverado and Sierra pickups. However, the idea was abandoned over cost concerns amid the industry downturn.

GM closed up 1 percent on Tuesday at $36.31.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Flying is the passion for British aviatrix Tracey Curtis Taylor, and she is now on a solo flight to cross three continents and 23 countries in her own vintage open cockpit biplane. She has already crossed half of her journey from U.K. to Australia with a target to cover 13 thousand miles. Sony Computer Entertainment Inc. Wednesday revealed that its popular PlayStation4 computer entertainment system has achieved total sales of more than 30.2 million units worldwide in a period of two years. The PS4 system is currently available in 124 countries. Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK), formed by the combination of French Lafarge and Swiss peer Holcim, Wednesday said its sales declined for the third quarter as well as nine months.
comments powered by Disqus
Trade GM now with 
Follow RTT