logo
Share SHARE
FONT-SIZE Plus   Neg

WSJ: GM Secures Aluminum For Pickup Truck Launch By 2018

General Motors Co. (GM: Quote) 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
Gas explosion in Fresno in California injured 11 people on Friday afternoon. Pacific Gas and Electric Co. (PG&E) said workers who are not affiliated with the company have struck a 12-inch natural gas transmission pipeline and the gas leaked was ignited due to the dig-in. Verizon Communications' FiOS TV service has modified its programming bundles and will now offer new packages so that users can subscribe only for channels they prefer to watch. Instagram, the photo sharing app owned by Facebook, has updated its community guidelines to disallow nudity and harassment in uploaded photos and pictures, as well as cyber bullying.
comments powered by Disqus
RELATED NEWS
Trade GM now with 
Follow RTT