Why Chevrolet Spin Phase Out

How Chevrolet Started, Grew & Became $11.5 Billion Company

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How Chevrolet Started, Grew & Became $11.5
Billion Company
The name Chevrolet originated from a Swiss-born
American racer Louis-Joseph Chevrolet, who
founded his company with William Durant in
1911, stayed for four years and then left
his own company to Durant in 1915.
The Chevrolet Company previously called the
Chevrolet Division of General Motors Company
and simply called the Chevy is the automobile
department of General Motors, a manufacturing
company in the United States.
How Chevrolet Began
Twenty years before Chevrolet, Durant was
the founder of a successful Durant-Dort Carriage
Company which manufactured horse-drawn vehicles.
And so Durant wouldn't even touch a car with
a ten-foot pole, let alone allow his daughter
to ride in what he called, "loud and dangerous
horseless carriages."
But as time passed he realized that there
were more cars than carriages on the American
streets; an experience that did not settle
well with the relatively tentative public.
As the government regulated cars for their
safety, Durant had other ideas.
Why not improve the security of these cars
instead?
In 1904, Durant approached a struggling Buick
Motor Company and became its controlling investor.
Within a span of four years, Durant demonstrated
his salesman attitude and transformed Buick
into a leading automobile name amongst the
likes of Ford, Oldsmobile, and Cadillac.
For Durant, however, it was only the start.
Durant figured he could further improve his
odds in the industry if he built a holding
company that would control several automobile
divisions, with each division manufacturing
their own car.
With the Buick's outstanding profits, Durant
had sufficient capital to found the General
Motors Company in 1908.
A year later, General Motors acquired several
car brands like Buick, Oldsmobile, Cadillac,
Elmore, and others.
Unfortunately,Durant got so carried away in
his "automobile acquisition crusade" that
GM suffered cash shortage with their sales
losing to Ford's.
And so, in 1910, General Motors showed Durant
the exit door.
But Durant did not give up.
Having regained his bearings, he reunited
with an old colleague from the days of the
Buick motor company, Louis-Joseph Chevrolet.
Durant knew the Swiss-born American as a man
whose competency for car mechanics matched
his passion for racing.
In 1909, Louis had participated in the Giant
Despair Hillclimb.
An oddly apt name, considering the Hillclimb
race was less about the racers themselves
and more about test-driving the competing
car brands they drove.
Therefore, when Durant offered a chance to
build more automobiles, Louis couldn't resist
signing his name on the dotted line alongside
Durant's.
In 1911, Louis co-founded the Chevrolet Motor
Company with Durant.
Durant used Louis’ racing status as a means
of building a motor company, and his way of
getting back at General Motors.
The first Chevrolet car, the Series C Classic
Six was designed by Etienne Planche with directions
by Louis.
The prototype was ready before the company
was incorporated even though the production
didn’t happen until 1913 where it was introduced
at an auto show in New York.
In 1914, Chevrolet redesigned its logo.
And so a "bowtie emblem" logo was used on
Chevrolet’s first produced cars in 1914:
the Chevrolet H series and L series models.
That same year, Durant and Louis argued about
their differing intentions for Chevrolet’s
future car designs.
Durant wanted simple and affordable cars that
would surpass those of Fords.
On the other hand, Louis preferred playing
it fast and loose, with luxury or racing cars.
These differences split these two associates
and Louis sold his shares of the company to
Durant.
Now alone at the helm, Durant was able to
focus on his next winning car design.
He achieved this in 1916 when the cheaper
Chevrolet Series 490 finally outpaced Ford
in sales and cemented Chevrolet’s place
among the big automobile names.
To say Chevrolet made huge profits during
this period would be a severe understatement.
Durant revisited General Motors as a controlling
investor, purchasing their stocks, which gave
him the leverage to launching himself into
leading General Motors once more.
By 1917, Durant had become the president of
General Motors.
All was right, now that Durant's "big automobile"
dream was back on track.
And of course, his first directive was merging
the highly successful Chevrolet into the parent
company General Motors as a separate division.
How Chevrolet Grew
In 1918, Chevrolet launched a new V8 powered
model, the Series D for open two-seat cars
and the touring cars that could seat 5 passengers.
These models didn't sell well though and they
were scrapped by the next year.
Given Chevrolet's successful track record
in the market, General Motors rebranded and
sold their commercial grade cars and trucks
as Chevrolet with similar appearances with
the Chevrolet’s vehicles in 1919 from Chevrolet
factories located in Flint, Michigan.
The automobile company built several branch
assembly plants in New York, Ohio, Missouri,
California, Texas, and Canada.
Somewhere between the 1920s and 1940s, Chevrolet
would see Durant's vision for "producing simple
and affordable cars" come true.
In fact, Chevrolet, Ford and Plymouth were
known to Americans as "the low priced three".
During this period, one of Chevrolet's most
notable cars was the Stovebolt introduced
in 1929, which was tag-lined "a six for the
price of four".
This and several generations of the car model
blew away the competition of Ford and Plymouth.
In 1953, the Chevy Corvette, a sport’s car
with two seats and a fiberglass body debuted
to become the first mass-produced sports car
in the United States, championing the "America's
Sports Car" appeal.
The appeal of the Corvette and other Chevrolet
passenger cars would be enhanced with the
first-time introduction of Rochester Ramjet
fuel-injection engine as a high-performance
option for the price of $484.
The Chevrolet small block V8 car design made
its debut in 1955 and remained in circulation
longer than other mass produced engines around
the world.
Modifications to the V8 engine including the
aluminum block and heads, the electronic engine
management and the port fuel injection gave
birth to the designs in production today.
In 1958, Chevrolet introduced the Impala series,
which went on to become one of the best-selling
American cars in history experiencing popularity
during the 60s and 70s.
The parent company General Motors introduced
Chevrolet to Europe in 2005.
With rebranded cars manufactured from the
General Motors branch in Korea acquired Daewoo
Motors.
The economic depression between 2007 and 2010
hit Chevrolet hard.
But the road to recovery began in 2010 with
the introduction of fuel-efficient cars and
trucks to compete with foreign automobile
manufacturers.
Within the same year, Chevrolet introduced
the plug-in hybrid electric vehicles, Chevrolet
Volt in America, which was sold under the
name Opel/Vauxhall Ampera throughout Europe
with a record 5,268 units soldand became the
world's best-selling plug-in hybrid electric
vehicle (PHEV) car in 2012, winning the award
for the North American Car of the Year, European
Car of the Year and World Green of the Year.
The series was then named the combined Volt/Ampera
that was sold across the world.
It exceeded the 100,000 unit sales milestone
in late 2005 and eleven years later the Volt
family of vehicles had become the world's
best-selling plug-in hybrid as well as the
third best selling electric car after the
Tesla Model S and the Nissan Leaf cars.
In 2011, Chevrolet set a global sales record
of 4.76 million vehicles sold worldwide
In late 2013, the Chevy brand was withdrawn
from Europe by General Motors leaving the
Corvette and Camero lines.
In 2016, Chevrolet unveiled the first affordable
mass-produced all-electric car the Chevrolet
Bolt EV.
This car too has won several awards.
Where Chevrolet Is Today
Chevrolet now has its headquarters in Detroit,
Michigan, and operates throughout 140 countries
in North and South America, Asia, Australia,
South Africa, and Europe with over two million
vehicles sold annually in the US alone and
a brand value of $11.5 billion.
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Chevrolet | Wikipedia audio article

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2018 Chevrolet Malibu AT LTZ Review - Behind the Wheel

AutoDeal.com.ph:

Debut in the 60’s, it was name after a
coastal community in California
Sadly it’s named however in the Philippines
as the butt of some jokes
as people like to add a G to the end
Sorry
Now on their latest generation, Chevrolet says it has
better fuel efficiency connectivity and safety features
more than ever before. Let’s find out what they are going on about
In this, the 2018 Malibu
The HID’s with Intellibeam are housed in a smaller frame
which compliments the smaller slats that are found
all over the front clip. Now, there is no large gap to speak of
to allow the air in but the four mentioned slats are equal to the task
Unique to the car, are the lights down here which are
your actually DRL’s and too is the emblem, the very proud emblem
I should say because it is textured and ribbed
Sorry but it does feel very cool
Even the keys emblem has texture
Nitpick if I may there is just one aspect on the front clip
that I don’t really appreciate
There’s a line that can be found on the hood that stretches
all the way down pass the emblem and to the chin
How much does it bug me? Well, not that much
Down on the side you’ll notice two lines that begin at the front doors
and slowly but surely taper as you get to the rear
Given the car a very streamlined, very fluidic look
Now the car does sit on 18-Inch mags fitted with 45 series tires
Now if you take that and combined it with this
beautiful fastback right here and this sharp departure angle
it does make for a very good looking stance
Now for some, the rear overhang might be much but
there is good reason for that
In fact, there is 447L of reasons, now it’s not the largest capacity
in this class but it’s certainly not the smallest
Space good enough that that can hold Professor Klump
However, getting him in that might be a problem through this
Renee Zellweger lips, kinda tight
Golf bags even two, not a problem. Medium sized suitcases
Not a problem however anything larger than that
You might need Steven Tyler lips and that’s a completely different story
Oh! Worth mentioning, the two exhaust, tucked away very nicely in chrome. Very nice touch
Now the toys back here include 2 cupholders on the center armrest
You got 2 air vents right here, 2 USB charging ports and a 12V socket
There are also speakers on either door and 2 more speakers behind the passengers
Now that’s 4 out of the 9 speakers in total inside the car
Now, the wheelbase of this car is actually 4-Inches longer
than the previous model which is checkout this legroom
It’s ridonculous. There’s enough space in here to fit
two large adults easily and even an average size adult in the center
Thanks to the low tunnel found in the ground
Safety? Yup! Apart from the standard airbags found upfront
There are also airbags found on the B pillars and either side of the rear seats
Not bad
The color scheme is the first thing that may not catch your attention
because it’s pretty subdue really
its got grays and browns, very comfortable, very laid back
Now your 4 gauges upfront and your trip computer
along with the air controls are, well they’re pretty adequate
as too are the buttons found on the steering wheel
different though in the fact that they’re all the same height
covered by a thin rubber film so that it is non-slip that’s pretty cool
You also got your dual pane sunroof and your 2 cupholders upfront
and loads of cubby spaces that you can put all your knick knacks
Including actually a very smart way to put your umbrella away
Now, not only are the front seats comfortable
because they can knock Vincent down in 5 minutes or less
but they can also accommodate much taller people
Now, you’d expect the driver to have power right
Well, the passenger seat has power too, in fact both of them can move
back and down to accommodate much taller people
and not only does the driver have lumbar support, so does the passenger
The lumbar support comes out so much that it can be like a basketball
at your back say put it at number four and it can retract all the way in
to the same number of wins that the Cavs have in the 2018 finals, which is zero
I’m gonna get flanked for that aren’t they? Meh, it’s the truth
The 8-Inch screen which also doubles as your reverse camera by the way
and is extremely clear I must add, also has the Mylink system which is a
breeze to use, in fact we find that it’s one of the easier head units that we’ve ever had to test
On any of the units that we’ve gotten, it’s really fun to use
and while you’re using it, you can also charge your phone
with the wireless system down here, it might be difficult for bigger phones
such as a Note or anything larger than that, but the smaller wireless units, not a problem
The one thing that I have to add about this unit is that
The whole thing is integrated into dash very very well
it doesn’t stick out like a sore thumb and that I gotta say
that I do love
Under the hood, there’s only one engine variant available in the Philippines
which is an inline 4 2L Turbocharged gasoline engine
which produces 250horses and 353 Nm of Torque
in an executive sedan, not bad
but even with all that power, in and out of the dreaded weekend traffic of Metro Manila
The Malibu was still able to do 10km/l. Frugal
Apart of the ease of which Chevy’s Mylink is just a joy to use
whether your an Apple user or an Android user and it also has 9 speakers
that’s around the car which are all Bose, louder than kids on a Saturday morning
it also has the following technologies
Its got adaptive cruise, its got lane keep assist, emergency braking
and semi autonomous parking to name a few
Oh! And get this, there are also 12 sensors all around the car
so that even Catherine Zeta Jones could not escape these guys
The level of comfort driving Malibu is well, is pretty good
The steering is light yet it’s not disconnected from the road
Yes, there are some cheap plastics that can be found all around the cabin
and the road noise does kinda creep up just a little bit
But it does not take away from the very comfortable leather seats
As a driver you have really very little to complain about
and even much less as a passenger
There are no paddle shifters to speak of, in fact it’s a bit confusing
when you run your fingers down the back of the steering wheel
where you’ll find audio controls
Now to manually change gears and provide you with a more sport feel
Pop the transmission into L which activates the plus minus selectors on the shifter
Fuel efficient? Check. Safety? Big check. Connectivity? Check
the Chevrolet Malibu LTZ is available at P2,131,888
Now it’s a bit pricey yes I understand, not the cheapest thing out there
But it’s also not the most executive sedan available in the Philippines
And you do have to consider that you do get a boatload of toys for the driver
Now, it does also gives us the consumers something that we do
very much appreciate, an option
And regardless of what I think about that line
Yeah, it’s a good looking option

2018 Chevrolet Camaro ZL1 Model Review | Edmunds

Edmunds:

[MUSIC PLAYING]
CARLOS LAGO: That's the
new Chevy Camaro ZL1,
and in this video we're going to
give you an overview about what
makes it special.
And the quick version is, it's
more than the 650 horsepower
underneath that hood.

You might be surprised to
hear that the coolest parts
about the Camaro
ZL1 are actually
the stuff you can't see.
The exterior doesn't look
dramatically different
than the standard
Camaro SS or RS models.
You can tell the
ZL1 is different
because it has big exhaust pipes
and a ZL1 badge at the back.
But over on the side, as
we get to the profile,
it retains the shape that we
know to love the Camaros by.
The wheels are bigger, they're
20 inches front and rear,
but they're a staggered
fitment, so the front tires
are a little bit
smaller than the rear.
And that gives it a
nice purposeful look.
But it's the stuff
underneath here
that really makes the car
drive as good as it does.
You have magnetic
fluid-filled dampers
that react super quick, more
so than your traditional motor
controlled dampers when you're
making adjustments on the fly.
You have an electronically
controlled limited slip
differential that continually
biases power left or right,
controls it with a
granularity you can't achieve
with a simple mechanical unit.
Up at the front you
see the big differences
that come with the ZL1.
Up on the hood here, of course,
is the badging and the carbon
fiber dome of the hood.
And there's actually
a heat extractor right
through the bottom there.
You can fit your
hand in, we'll show
you the vents in just a second.
But when we were
talking about making
650 horsepower, what we
really had to pay attention to
is cooling.
This is the same engine that's
in the Chevy Corvette Z06.
And in here, you can
tell the front fascia
is dramatically different,
and it's much larger.
And there's all these
gigantic air openings.
And that's because
this needs a lot of air
to go through it
to keep it cool.
You have heat
exchangers here, here,
here, here, there's
inner coolers
underneath the supercharger,
there's another heat exchanger
lying flat.
And all of this is designed
to get as much airflow
through the front of
the vehicle as possible.
I mean even the Chevy Badge,
you can stick your finger right
through it.
These gaping holes
right here, I mean,
you can imagine what happens if
a small animal flies in there.
It's all made in the name of
getting air through this engine
to keep it cool
under heavy use when
you're making all that power.
Now, let's take a
look at that engine.

Feast your eyes on the glory
of a supercharged 6.2 liter
V8 that makes 650 horsepower,
and 650 pound feet of torque.
This is, frankly, a
hell of an engine.
It doesn't rev that
high, 6,500 RPM.
Actually that's pretty
decent for a pushrod V8,
but really the story is
the breadth of that power.
But also consider it's
a fairly compact engine.
And it can be compact because
that supercharger, this guy
right here, isn't as big as the
last generation supercharged V8
that the previous ZL1 used and
the previous Corvette used.
Now and also the nature
of a pushrod motor
is, because it doesn't
have two overhead cams,
there's not a lot of valvetrain
up here, so it can be short.
And that can help
with visibility.
But as you'll see when
we hop inside this car,
the visibility isn't
really quite there.
And we showed you
the heat extractors
that come through here.
They're functional, you can
stick your hand right up
in there.
And the goal of that is to
promote air flow out of here
to keep pulling air through
the front end of the vehicle
to cool it down.
Let's take a look inside.
Well the first
thing you gotta do
when you slip into the interior
of a Camaro ZL1 is fire it up.
So that's how you
set things off right.
Now, couple of things
you have to accept
with the interior
of the Chevy Camaro,
especially this generation.
There is no interior storage.
You have a couple of pockets
on the left and right.
There's some space
in the armrest.
But there's basically
nothing for anything
bigger than a phone.
Even my phone has difficulty
fitting in the center armrest.
Also, rear visibility
comes up short.
It's like looking out
of a cardboard box.
But at least if you
don't want to sit low
you can raise the height up.
And that certainly helps your
view over the hood and just
at a point, there you go.
If you're concerned about
looking forward over the hood,
you can always do that.
OK now we're back
to normal height.
ZL1 specific changes
are few, but are nice.
These seats are Recaros,
they're nice buckets
with good amounts
of lateral support
but they don't
feel uncomfortable.
The material they're
wrapped with,
and especially the stuff
on the steering wheel too,
is this microfiber
suede-like substance.
It's also on the dash.
It looks and feels nice.
This is, of course,
the 10 speed automatic.
And we'll talk about how that
works once we take it out
for a drive.
For now though, it
just looks and works
like a normal
automatic transmission.
Behind it, these
controls here are
what get us into sort of the
electronic sophistication
you'll find in the ZL1.
You have four
different drive modes,
there's tube or track, sport,
and snow and ice modes.
Now those adjust a
variety of settings,
but within those settings
are further adjustments.
For example, when you go
into track like we are now,
you can double tap the
stability control button
and access the performance
traction management function.
Now this is a multi-configurable
stability control setting
that has one, two, three,
four, five different levels
of adjustment.
And you can also turn
everything completely off.
We'll talk about launch
control, too, and a line lock.
This has both those tools which
are great for drag racers.
And it speaks to the
legacy level of intent
that Chevy knows
Camaro owners are
going to use these cars for.
The ZL1 doesn't do any
one thing particularly.
It's not focused on
just doing one job,
it's focused on being
able to do everything.
It wants to ride
comfortably on your commute.
It wants to be able to tackle
a mountain road or a racetrack.
And it wants to
be able to get you
through a night
at the dragstrip.
And all that stuff
comes together nicely
in this package.
Now this display, as we get back
into more traditional Camaro
grievances, this
display looks funky.
It looks like it's tilted in.
Although when you start
using it, you realize
it's super intuitive.
It also supports Apple
CarPlay and Android Auto,
and that's really nice.
In front of you, you
have two analog gauges
and in the center is
a digital display.
That's multi-configurable
and shows
you a lot of really
nice information.
And above that is
a head up display.
As we dive into the
dash, we'll explain
how some of the drag racing
focused technology works.
I'll put the car in
its track setting,
and then I'll turn the
advance stability control
system to sport, for example.
And what you can
do here is you can
define the amount of traction
the surface that you're
driving on has.
So if you're in sport
one or sport two,
it assumes you're
on a street surface.
But if you go up
to race, it assumes
you're on a drag strip that
has a prepared surface, that
has the traction of
a prepared surface.
So it'll actually account
for all that stuff.
When you go into
the launch control,
you can set custom parameters.
There's an automatic
function, but you can also
set manually your target
RPM, your slip target--
and that slip target is
how much the rear tires
rotate versus how fast you go.
Tires like to spin a little bit
faster than you would think.
They like to have a
little bit of slip
to get the best
launch out of them.
And you can actually define
the percentage of slip
that you want the
rear tires to have.
Which is nuts.
And then beneath that
you have a line lock.
And now what a line lock does,
is it holds the front brakes
but allows the rear tires
to spin freely, which
makes a burn out a lot easier.
I'm in the school of thought
that if you have 650 pound
feet, a burnout's
pretty easy to do,
but it's nice that
the feature's there.
And this is a level
of granularity
for a drag racing that I
haven't seen in a production car
outside of the Dodge Demon.
And it's really cool, because
this car, again, is just
sort of an all-arounder.
Now up next we'll show
you what that means
when we drive it on the street.
Driving on the congested
and Toyota Prius
filled streets of LA may
not be the most exciting way
to experience the Camaro
ZL1, but it does give us
the opportunity to illustrate
just how nice this car is
to drive in general.
Sure the ride's firm, sure
you get some road noise,
but it's nothing that would
make this car difficult to live
with.
This 10 speed automatic
transmission, you might think,
wow that's a lot of gears.
I'm going to constantly see
the tack bouncing around
as it shifts.
But you don't.
You barely notice when
the shifts happen.
And the way they've
tuned this transmission
so it can skip gears
when you step on it
makes for a really
nice experience.

What's funny is
when you really see
a gap, when you nail that gas
it's almost as if the car has
night terrors.
Because suddenly it starts
growling out of nowhere
and making all these
noises and screaming.
And then it gets
really silent again.
It gets really quiet.
It just seems to get more
aggressive the more you drive
it in an aggressive manner.
But of course LA
traffic is the worst.
So we're going to go to a
place where we can explore
the abilities of this car.
[MUSIC PLAYING]

There's just so much power.
The performance of this
vehicle is just incredible.
But it's the tractability
that makes it so dominating.
It just feels so good,
feels so much fun.
This is a large, heavy car,
with pretty poor visibility.
But it just comes into its
own in this environment.
It's so much fun.
Modulating the power and
controlling the Camaro,
got to love that sound.
Get a little sideways.
So even though the
stability control is on,
it still gives you
a bit of freedom
with how much
sideways you get when
you dig into that throttle.
And there's so much
power on tap here.
We have 650 horsepower.
I'm getting a
little bit too close
to the limits of the
stability control system.
I'm feeling it grab
me a little bit more.
But what that's doing
is it's telling me
I'm applying too much throttle.
You can use this system
like a driver's tool.
You can lean on it and
use it the wrong way,
and have it try to fix
your sloppy mistakes.
But you can also
pay attention to it,
pay attention to when
it's cutting the power
and how much power
it's giving you,
and you can dial back
your choice accordingly.

Now what's working
in conjunction
there is the stability control
and electronically controlled
limited slip differential.
Which is biasing power
as it deems appropriate,
based on whatever the vehicle
sensors are telling it.
That's really nice.
And we haven't even talked
about the brakes yet.
These brakes provide
very good stopping power
and have a nice long travel.
So you can dig in to it
without using too much force,
and get the right amount
braking force that you want.

I like this car a lot.
Listen to that.
[ENGINE REVVING]

And that's the
amazing Camaro ZL1.
You want to see more videos like
this, keep it tuned right here.
And be sure to
visit edmunds.com.

Why GM And Ford Are Worried About RAM

CNBC:

American automakers take their
trucks extremely seriously.
And the ongoing battles for dominance
among the Detroit three are
often called the "Truck wars".
General Motors, the largest U.S.
automaker overall, sells the most trucks,
if you count full-size and
mid-sized pickups.
Ford F-Series is the best
selling line of full-size trucks.
But, third place challenger Ram has
made its own waves in recent
years, snagging major industry awards
and stealing market share from
rivals. Ram is killing it.
U.S. sales of Fiat Chrysler's truck
brand have roughly tripled in the
last decade, and the brand seems to
be taking food out of its rivals
mouths. After taking the helm
of Fiat Chrysler in 2018,
new CEO Mike Manley said he
wanted to make Ram the second-best
selling full-size pickup brand
in the U.S.
In the first three
quarters of 2019,
Ram surprised the automotive world by
passing Chevrolet in sales, and
some think Ram could very well
stay in second place, fulfilling
Manley's goal. To be fair, others are
quick to note the timing has
been in Ram's favor and that the
game is too early to call.
What is certain is that this upstart
is now posing a more serious
threat to its rivals
than ever before.
It's a stunning rise for a brand
some in the industry thought Fiat
Chrysler was foolish to create in
the first place. The
Ram brand was once actually part of
Dodge, but the two were separated
as Chrysler emerged from bankruptcy under
the oversight of the late
Sergio Marchionne.
The idea was that the split would
allow Ram to focus exclusively on
trucks while permitting Dodge to
focus on developing performance
vehicles, including its popular Challenger
and Charger, as well as
sport utility vehicles and
its long-running Caravan minivan.
Some in the industry questioned the
wisdom of spinning the Ram brand
out at a time when cross-town
rival General Motors was axing several
of its own brands.
First of all, the Ram name has
a long history with Dodge itself.
The company first started using the Ram
logo on its cars in 1932, and
it was still used on Dodge models
until FCA began rolling out new
logos sometime after the
brand's split in 2009.
As one of the four American
full-sized pickup brands, Rams sold
reasonably well, but were often
known as a more affordable
alternative to those offered
by GM and Ford.
The audio you're about to hear
is distorted due to recording issues.
They were less expensive, the
interiors weren't that great.
They were pretty basic.
It wasn't the kind of truck that
GM or Ford had on the road.
Ram simply could not compete with
the capability offered by rivals.
But after Fiat took over and
the company began to emerge from
bankruptcy, Ram came out swinging.
In 2010, GM and Ford were roughly
tied and pickup market share, each
with just over 38 percent with Ram
solidly in third place at just
14.6 percent.
But, over the next eight years, Ram
grew its share of the market to
more than 22 percent, while Ford lost
one percent of its share and GM
lost nearly five.
To be fair, Japanese import brand Toyota
also lost some share at that
time from 6.8
percent of the market to 4.9
percent and fellow Japanese maker Nissan
gained a sliver of market
share. But Ram is now threatening
to displace Chevrolet as these
second best selling full-size pickup
brand in the United States.
So how did it do this?
By offering something different,
say industry analysts?
So I think Ram's idea then was
OK, then maybe, our strategy should be
to build a really, really
good all around truck.
Let's make it comfortable.
Let's make the interiors nice.
Let's make the ride
quality really good.
Two areas where Ram really
shines our interiors and technology.
The interior of the truck
is just unbelievably great.
The technology is unbelievable.
They've got the biggest screen,
it looks like a laptop.
Ram made a bet that seems
particularly suited to the times.
Owners are more accepting of technology
than they ever have before.
There's examples of new technology being
put into pickup trucks that
kind of fell flat. General Motors
had a four-wheel steering system
for their pickup trucks,
which was terrific.
But the problem was that it was
an expensive option, and at that
time, pickup truck owners, their feedback
was, I already know how to
move my truck. I already
know how to tow.
I already know how
to do this stuff.
I don't need to spend the man's
money that you're asking to have this
technology help me do that.
But times have changed.
Now we have buyers of every demographic
that are far more willing to
let technology help them do things.
And as a result, the big screen in
the Ram has drawn a lot of
attention. As a result, some of
the technology that General Motors
has brought it to their Chevrolet and
to the GMC, there's a lot more
cameras on board.
There's ways to save your towing
of your trailer information to your
truck so that if you have three
trailers, every time you hook it up,
you just call up that information and
you don't have to reset it.
There's lots of things in both of
those trucks that make it easier to
work with them. And the Ram got
out into the market a little bit
earlier. One feature in the 2019 Ram
1500 truck that has had the
automotive world buzzing is the large
12 inch touchscreen in the
center of the console.
Ram boasted that the screen was the
largest found in any truck in its
class. If you asked a pickup truck
owner, before they had the big
screen in the Ram if they wanted
a big screen, they'd probably said,
no. I don't want that.
I don't need that. I
don't need to do that.
But now that it's there,
they're reacting to it strongly.
FCA's new strategy was well-timed.
The pickup market has changed over
the last decade as truck sales
have risen. Along with the boom
in sport, utilities and crossovers,
pickup trucks have become popular options
for drivers who might have
a wider range of uses in
mind then in previous eras.
For instance, there has been a rise
in the portion of four seat and
four door models in
the pickup market.
Ram said more than 50 percent
of its pickups are "family trucks".
FCA has also used a tactic
that some industry observers say has
contributed to the brand's sales success
- selling an outgoing model
along a newly redesigned one,
typically at a lower price.
Ram's rise is partly notable
because pickup truck buyers have
historically been considered among the
most brand-loyal in the
automotive market.
Ford buyers typically don't buy GM
trucks, and just the opposite, GM
buyers typically don't buy Ford
trucks, but what's interesting is
either one of those buyers
will consider a Ram truck.
Dealer
Don "K" Kaltschmidt, who sells both
Chevrolet and Ram and owns
products from both GM and Fiat Chrysler,
said that in some ways Ram
does outdo the Chevrolets, but he
thinks it isn't over yet.
The GM truck product is very,
very strong here for good reason.
It is important to understand the
timing has also worked in Ram's
favor. The Ram went into production
roughly eight months before the
Chevrolet product did.
So, there was a bit of a head
start and sort of building it and
having it online and having
it available for the dealerships.
Another element is that Ram has
kept the previous generation of
production longer than
Chevrolet has.
A spokesman for General Motors told
CNBC, the launch of our Chevrolet
Silverado has gone exceptionally well
and combined with the GMC
Sierra, we are quite pleased with
the quality of our market share.
As of November 2019, Ford said
its F-Series lineup outsold Ram by
225,000 trucks for the year, a lead
the company expected to widen by
the end of 2019,
a spokesman told CNBC.
Ford has so far been the best selling
line of pickups in the US for
the last 42 years.
The "Blue Oval" has also been
hyping its upcoming hybrid and fully
electric versions of the F-series.
Electric vehicles are important and
they're happening and they're
coming, but they're
also coming slowly.
That's kind of
important to remember.
Even as Ford and GM are
talking and start talking about electric
pickup trucks, once they're here, the
sales ramp up is probably going
to be a pretty slow.
Pickup truck battles are fierce in
ways that fights in other segments
are not. You get excited about a
pickup truck because it either helps
you feed your family,
or you're into horses.
It's an enabler to do something
that you truly care about.
And, that makes it much more
important emotionally than I'm going
back and forth to work and
it's just a mode of transportation.
There are also a huge
source of profits for automakers.
So industry watchers aren't expecting this
one to be over anytime
soon. If you think about building a
small car and you need so
much amount of steel or so much
amount of wiring harness, or so much
amount of leather or cloth to cover
the seats and you can charge
$20,000 for a small car.
You need more of all of those
materials to build a pickup truck, but
you're charging four
times the cost.
It's an interesting element
of the market too.
Smaller products are not as
profitable, as larger products.

2019 Chevrolet Blazer: First Drive — Cars.com

Cars.com:

When Chevrolet told us that they were
going to be introducing a new 2019
Chevrolet Blazer we got very excited. We
thought hey cool here's a new 4x4 meant
to go up against real serious
off-roaders like the Jeep Wrangler or
the new upcoming Ford Bronco but that's
not exactly what Chevrolet had in mind.
Instead they've introduced the new
Blazer as a five passenger two row
premium crossover vehicle meant to go up
against things like the Ford Edge or the
Nissan Murano. Now it's got the V6, it's
got all wheel drive but it's also got a
very sporty version in the new RS that
you see behind me. We came here to San
Diego, California to get a better look at
the new Blazer, to drive it and to see
exactly what Chevrolet is brought to the
new crossover party. You can have your
Blazer in one of a few different flavors.
The base model comes with a standard 2.5
liter four-cylinder engine making 193
horsepower and 188 pound-feet of torque
mated to a 9 speed automatic
transmission. Front wheel drive is
standard on all Blazers but if you want
all-wheel drive you'll have to bump up
to one of the V6 models, you can't get it
with the four-cylinder engine. This base
model is peppy and agile, has a decent
interior and features most of the
dramatic styling that makes the new
Blazer a real standout on the streets.
The front end bears a definite
resemblance to the more sporty
Chevrolet's like the Camaro but the
headlights are a little unusual.
Those lights up high on the fenders are
just LED running lights, the actual
headlights are HID projector style units
down in the bumper. All Blazers have a
floating roof design first seen on the
Nissan Murano many years ago but now
copied on to just about every automakers
new SUV. The overall effect is attractive
however especially if you get one of the
more standout colors like bronze or
bright red. Add the V6 to the basic
Blazer L and you'll get what Chevy calls
the Blazer V6 trim available with either
cloth or leather interior or spend a
little more coin and get one of the two
top trim levels, the Premier or the RS.
Both come with General Motors
omnipresent 3.6 liter v6 engine making
308 horsepower and 270 pound feet of
torque. Like the four-cylinder it's mated
to a 9 speed automatic sending power to
the front wheels. All wheel drive is
optional on all these six trim levels
but the Premier and RS trims get a
special dual clutch all wheel drive
system instead
of the more basic single-clutch system
in the lesser models. The Premier gets
a monochrome exterior paint job with
body-colored bumpers and fender trim as
well as 20-inch wheels. The RS gets a
sportier look with black out fender and
window trim, a more aggressive black mesh
grille and black painted 20-inch wheels.
21 inch wheels are an option on both the
Premier and RS trims. Inside the
influence of the Chevy Camaro is clear
from the design of the multimedia system
atop the dash to the big round air vents
that also control the temperature. The
Blazer looks decidedly sporty-er than
any of its competitors like the Ford
Edge or Nissan Murano. The more luxurious
Premier trim has some decent luxury
touches inside like unique leather dash
trim while the RS goes for a racy
two-tone look. Both have acceptable
quality trim on the dash and center
console but that material quality falls
off on the door panels and in the
backseat.
I will give Chevy credit for keeping the
height adjustable seat belts, something
they've been removing on new models
lately. The interior is comfortable up
front with plenty of width and height to
the cabin. This is a bigger SUV than the
compact Equinox crossover. It's almost as
wide inside as the much larger full-size
Chevrolet Traverse. The second row
features a sliding seat to maximize
either cargo space or back seat legroom
and the seat backs fold flat
via mechanical handles in the cargo area.
The back seat is comfortable for two but
might be a bit tight for three full size
adults across the bench. The cargo area
itself is spacious. This is a bigger SUV
then you might think. It is easily a
match for the new Honda Passport
or even the Jeep Grand Cherokee. Out on
the street the difference in driving
experience is actually greater between
the four-cylinder and six-cylinder
models than between the top Premier and
RS trim levels despite the RS' more
sporting pretense. All Blazers feel solid
and surprisingly substantial with
excellent body control and a ride and
handling balance that's impressive.
The RS gets a slightly more aggressive
suspension tune and a quicker steering
ratio but not really much else. It's not
like the Traverse RS that gets a unique
engine. The same engine power is the
Premier trim too. It's sporty-er than a
Murano or a Santa Fe but a Ford Edge ST
with its twin turbocharged V6 will
easily spike a Blazer RS in a contest
of acceleration. Suffice it to say the RS
delivers more
sporty looks than athletic ability
providing a fun styling statement and a
slightly tighter driving experience.
Choosing one trim over the other really
becomes more of which one you think
looks most appealing. The new 2019 Blazer
is not cheap. A base-model 2.5 L starts
at just a tick under $30,000 including the
destination fee while the least
expensive V6 front-wheel drive model
starts at $34,495. All wheel
drive adds $2,700
to that price. The RS starts at $41,795
while the Premier starts at
$43,895.
Load up an RS or Premier with all-wheel
drive and every option on the sheet and
you're easily into the low $50,000 range
which is a lot of coin for a midsize
Chevy SUV but is indeed comparable to
what you'd pay for a Murano, Edge or
Grand Cherokee. With its sophisticated
styling, its excellent ride handling
characteristics and the technology-laden
interior the new Blazer really is a
quite formidable competitor to the
Murano and the Edge. It's on sale now in
dealerships across the country and if
you'd like to learn more about the new
Chevrolet Blazer
please come look us up on Cars.com.

The Troubling Signs for GM, Chrysler, Ford, and the Auto Industry (w/ Daniel Ruiz)

Real Vision Finance:

DANIEL RUIZ: My name is Daniel Ruiz.
I'm the founder of Blinders Off Research.
I focus on consulting and research products
for the automotive sector.
DANIEL RUIZ: So I think it's important to
start with a quick recap of what's happened.
My original interview in with Real Vision
was in 2017.
It was at a time when auto sales were slowing
down significantly.
GM had a very high day supply of vehicles
that they were trying to work through.
And things, from a good short opportunity
perspective, looked very, very good.
We had a bit of a surprise in August with
hurricanes that both reduced the size of inventory
of new vehicles but also spurred replacement
demand and kind of jumpstarted the auto sector
a bit for a couple of months.
Shortly thereafter, I actually reached out
to Real Vision again.
And I said this is a really, really good opportunity
to re-engage a short position in several different
names.
And the reason why was, primarily, because
of what was happening with the used car markets.
Dealers anticipated demand would increase
substantially from folks looking to replace
vehicles that were destroyed in the floods.
So what they did is they speculated.
And they went to the wholesale auctions, and
used vehicle prices increased substantially
because of that.
I saw a big problem with this because I didn't
view it as healthy demand.
Healthy demand is, when you sell a vehicle,
you go to the wholesale auction and you replace
it to maintain proper inventory levels.
This was speculation.
And what it led to was a very, very large
spike in used vehicle values in September.
I should state that I look at used vehicle
values as consumer purchasing power because
so many of the new vehicle transactions involve
a used car trade.
So this was all very healthy for the auto
industry in the short term.
But it wasn't something that was going to
last.
And sure enough, a couple of months after
stating these concerns with Real Vision, again,
in terms of an article that was written, used
car values declined substantially.
We did finish 2017 with lower sales than we
did the prior year, which was an all time
high.
And again, the short thesis was looking very
strong through the first two months of 2018.
I have long term indicators that help investors
gauge the climate, the demand picture, going
forward for a long period of time.
But I also have shorter term indicators that
act as an early warning system if something
is going wrong or as an indicator that things
are progressing the way that your short thesis
envisioned.
DANIEL RUIZ: So I'm going to discuss a few
indicators that are very highly regarded in
the auto industry but also a few economic
indicators that are heavily relied on in the
industry when it comes to forecasting vehicle
sales volume and also are important to margin
as well.
And by that, I mean how it specifically relates
to publicly traded auto companies.
In order for a company, as a general rule,
to have their stock price increase, they need
to increase revenue and earnings over time.
And the way that you increase revenue and
earnings is by increasing the volume of production
when we're talking about companies like Ford,
GM, Fiat Chrysler.
There are several indicators that both these
companies and other folks that cover these
auto stocks use to gauge future performance
of production volume and also how margins
might be impacted.
So I'm going to start with industry specific
indicators that that are often communicated
to investors, to analysts by manufacturers,
publicly traded dealers, that help give some
sort of future guidance into demand.
And one that's heavily relied on, one that
was actually used very recently by GM at investor
meeting, was the average age of vehicles that
are registered.
So the thought pattern here is, as the vehicle
age increases, you can assume that there will
be extra demand because the vehicles will
need to be replaced at some point.
The challenge with this that I know personally
from boots on the ground experience is that
folks that own very old vehicles-- I believe
the average age right now is around 11 years--
they don't tend to trade those vehicles on
brand new vehicles.
They trade those vehicles on pre-owned cars,
on certified preowned cars, on seven or eight-year-old
vehicles.
They don't upgrade in steps that large.
So if you look at the chart, you can see that,
starting from 1976 to current time, the average
age of vehicles has just gradually increased.
And that's because the vehicles are better
built now than they were before.
So they last longer.
But the vehicle has multiple owners through
its lifecycle.
So the vehicle can be re-marketed several
times throughout its lifecycle before it's,
ultimately, scrapped.
It is not in any way, shape, or form a good
indicator of demand for new vehicles sales
for the reasons that I just stated.
So the thing that I would caution investors
on or analysts when looking at that data,
that indicator itself, vehicle age, should
not be used in my opinion because, again,
folks that own older vehicles are more prone
to buy used vehicles than they are new vehicles.
The volatility that you see in new vehicle
sales, there's no leading volatility in vehicle
age that would make you assume that, like
for example, if the vehicle age all of a sudden
dropped dramatically, future demand for new
vehicle sales would fall.
So we can't make that assumption based on
that data, and we shouldn't.
DANIEL RUIZ: Another industry indicator that's
heavily relied on is the amount of vehicles
that are scrapped?
The reason why investors and analysts look
at this indicator is because the assumption
is the more vehicles that are scrapped, the
more vehicles will need to be replaced.
But again, going back to what we discussed,
the vehicles that are being scrapped are older
vehicles.
And the folks that are scrapping those vehicles,
of course, they're going to replace them with
another.
But it's not necessarily going to be a new
vehicle.
They're buying pre-owned cars, certified pre-owned
5, 6, 7-year-old cars.
So again, it's not a good indicator for Ford
demand of new vehicles or vehicle production.
As you can clearly see in the chart, there's
very few instances of direct correlation between
new vehicle sales and the amount of vehicles
that are being scrapped.
DANIEL RUIZ: So I'm going to move on to heavily
relied on economic indicators.
This is important because, in almost every
communication from analysts, from manufacturers,
you'll see something about the employment
rate and how important that is to future demand.
The challenge is that, when we look at a chart
of the unemployment rate and previous auto
cycles, in almost every circumstance the auto
cycle has peaked ahead of unemployment rising.
It's a lagging indicator.
And there are things that are more crucial
to new vehicle sales volume than just employment.
It's obvious that you need a job in order
to purchase a vehicle.
It's obvious that you need income.
But there are other things that slow down
the velocity of new vehicle sales, which we're
going to discuss in a moment.
The other economic indicator that's very heavily
relied on, specifically, not so much to volume
but margin.
Something that's looked at for forecasting
pricing power is income.
As you can see in the chart that I've provided,
the average household income has always peaked
after auto cycles as well, which, again, leads
you to the conclusion that it's important.
But it hasn't been a leading indicator in
previous auto cycles.
So we shouldn't rely on it.
Unemployment and income matter a great deal
when you're in the middle of a down cycle
because you can use it to gauge how severe
that down cycle is going to be.
But it's not a good predictor of in an auto
cycle.
DANIEL RUIZ: So now going to move onto what
actually works.
And I should preface this by saying that what
led to these indicators that I'm going to
share with you right now was really frustration
as an analyst myself and as a consultant myself
because I couldn't find any correlation or
a strong enough correlation to utilize any
of the indicators I just mentioned in a way
that would help investors and in a way that
would help forecast future volume and margin.
I started thinking back to my 15 years in
the automotive industry and what I experienced
with consumers.
And the obvious nonstarters, as I mentioned
before, are if you're not employed, you're
not going to get an auto loan.
If your income isn't sufficient, you're not
going to get the auto loan.
If your credit is bad enough, you're not going
to get an auto loan.
And that's more specific to new vehicle sales
because you can always find a home for somebody
with bad credit as it relates to a vehicle
if it's old enough and inexpensive enough
to offset the higher interest rates.
But it's very difficult on a new car sale.
The biggest challenge that I always ran into
was trade-ins and the level of equity that
the consumer had in their vehicle.
That was one of the strongest objections that
I continuously encountered in the auto industry.
So it led me to start digging into, is there
any correlation historically to equity and
consumer behavior?
I should also state that this is extremely
important because 87% of new vehicle sales
in the US are financed.
On average, those vehicles that are purchased
new that have debt attached to them are traded
within three years.
So we know, based on the average loan term,
the majority of folks that are coming back
to trade their vehicles have an outstanding
balance on their loans.
And the relation to it with the used car value,
their specific vehicle, and the principal
balance that's owed on that car is what often
determines whether they're going to purchase
a new vehicle or not.
What I've noticed is, throughout those transactions,
if there was equity in the trade, the likelihood
that a consumer would move forward with a
new purchase was very high.
If there was negative equity on the trade,
what most often happened is they would purchase
a car but just not right then and there.
They would delay that new vehicle purchase
simply because they were reluctant to raise
their previous monthly payment.
So what I wound up doing is I created my own
indicator through my research.
And this is the one that I find has the strongest
correlation to new vehicle cycle highs and
lows.
I call it time to equity.
And that, in essence, what I'm trying to do
is I'm trying to gauge the health of a three-year-old
loan that was originally a new vehicle purchase.
I do so by taking the average transaction
price, the incentive data for that particular
year, the average loan for that year, and
the average interest rate.
I then amortize that loan, and three years
forward, I take the value of a three-yearold
car.
And through a proprietary formula that I developed,
I can identify the month in which that consumer
or that group of consumers would reach the
break even point on their loan.
So at the point where the used car value outweighed
the principal balance owed.
I then charted that data, starting in the
early 2000s to current day.
And I found that my suspicions were correct
as far as consumer behavior and equity go.
The faster consumer reaches the break even
point, the faster they're going to purchase
a new vehicle, which increases new vehicle
sales velocity.
The longer it takes them to reach equity,
the longer it's going to take for them to
purchase a new vehicle, which decreases new
vehicle sales velocity.
And you can see in the chart that I provided
that time to equity peaked in 2008.
And that was at 36 months, I believe.
And the new vehicle sales bottomed in 2009.
Folks don't stop buying cars.
They just delay it until it's a better proposition.
And I should state that there were other things
that made the last down cycle in autos as
severe as it was.
But the time to equity indicators is, I think,
one of the best indicators moving forward
to gauge consumer demand.
And the reason why is because it's telling
us how long it's taking them to get to equity
on their loans.
And the surprise in 2018 was used car values
increased dramatically, which offset the longer
loans and higher interest rates.
So 2018 would be folks that purchased in 2015.
Used car values increased so much that it
actually offset the longer loan terms that
they took and the higher interest rates that
they paid during that time period.
Interestingly enough, when I take the abnormal
used car appreciation that we had in 2018
and I plug it into the grouping for 2019,
as it relates to time to equity, you can see
that time to equity spikes up to 33 months.
And that's just solely from the extended loan
length that buyers took from 2015 to 2016
and the increase in interest rates.
The important takeaway from that is I don't
expect used vehicle values to remain as elevated
as they did in 2018.
That's something that was extremely rare.
Every one residual point drop will increase
time to equity by one month.
So if we have a fall of residuals by as little
as 3%, which is really not a lot, we're going
to be right back to the 2008 high in terms
of time to equity, which is going to put serious
pressure on new vehicle sales.
The other reason why used car values are so
important is because they determine where
captive banks are going to set residuals.
As you can see in the chart that I provided,
if used car values fall, residuals are going
to fall, which, in turn, increases monthly
payments and will have a negative impact on
new vehicle sales.
There's a very, very tight correlation between
lease originations and new vehicle sales.
Autos Looking forward into where we are right
now, just ahead of Q4 earnings, I provided
three charts that are wholesale estimates.
This is a product that I offer to kind of
give investors a early warning on what their
expectations are, whether they're long or
short.
So they can plug the information into their
financial models in a way that that's more
accurate than just using a SAAR number.
DANIEL RUIZ: And as you can see, for Ford,
the wholesales are just slightly under last
year.
But importantly, I've broken up the car truck
and SUV mix.
And the mix is much better.
So we can assume that volume is going to be
the same in the US.
But the mix of trucks and SUVs are much higher.
So that's going to equate to higher margins
when they report.
And Ford is actually a company that I think
is a good opportunity at this point to accumulate
shares in.
I don't think that the down cycle is over.
I think that we're just getting started.
But it's a company that's heavily discounted.
It's a company that, over the years, has done
the right things, in my opinion, in terms
of lowering contracted residuals, managing
inventory.
They have a new truck that's coming out, which
should be a very, very big positive for volume
and margin because it's not replacing a vehicle,
which is important.
It's not a net difference to the bottom line.
It's going to be a straight add in terms of
the new Ranger.
I like what they're doing with autonomous
technology.
They're focusing on commercial use rather
than personal use, which, I think, will have
a much higher adoption rate.
DANIEL RUIZ: Although we're going into Q4
with GM being somewhat flat in volume and,
I would assume, a little bit better mix as
well because they just recently put out their
new Silverado, going forward, I think GM and
Fiat are both good short positions.
And this is a big contrarian because most
investors, especially value investors, look
at those stocks, and they see the low PEs.
They see the margins.
They see that that new vehicle sales haven't
dropped off as much as some folks anticipated.
And so they think they're good purchases.
But I disagree.
Again, time to equity tells me that volume
is going to drop off.
Inventories will likely increase, which puts
pressure on margin when manufacturers have
to increase incentives to sell the new vehicles.
And I think that both revenue and earnings
are going to be pressured going forward for
both GM and Fiat.
FCA is probably the toughest one to call.
And it's the one that I think investors are
most in danger of if they're on the long side.
And the reason why is because, again, from
a value investor standpoint, their balance
sheet looks terrific.
Their sales were up 8.5% this year.
But something that's important to note here
is that, again, going forward I think that
sales volumes are going to be pressured for
the reasons I mentioned but, also, the thing
that they did, which was very dangerous and
kind of surprising, is they actually overproduced
significantly.
And in October, they had 100 days supply of
new vehicles.
It's dropped down to 89 days in December.
But that has a lot to do with seasonality.
I say that because they factored day supply
when it comes to just the prior month sales.
So to give you a quick example of what I mean
by that is, if they had the same amount of
inventory in January and their sales increased
by 10%, they're going to have 115 day supply
vehicles.
And day supply should be looked at by investors
as margin of safety when it comes to production.
And again, that's where the earnings for these
companies come from.
It comes from increasing production and increasing
margins.
So the production at FCA, in my opinion, is
in danger going into 2019.
I think they're going to have a very, very
difficult time exceeding comps, both volume
and mix.
Mix is still very much an argument for the
bulls.
But I'd like to point to a chart that I've
provided, which shows that mix was skewed
to a dramatic point in 2018 where, at the
highest point, I believe, in August we reached
a light truck market share of 71% to 29% cars.
So expecting a higher mix of vehicles going
into 2019 to offset any volume declines, I
don't think, is a good strategy from an investing
standpoint.
DANIEL RUIZ: The other one that I think is
a good short opportunity is Hertz.
And I say that because, again, in 2018, we
had abnormal used car appreciation.
And in Q2 and Q3, the earnings were very encouraging
after Hertz' performance in the prior year,
year and a half.
But investors need to know that that, from
a business standpoint, as used car values
rise, their depreciation expense falls.
Hertz is a company that is in a very, very
difficult position from a revenue per unit
standpoint, in my opinion, because of competition.
You have Lyft and Uber that are servicing
the consumer on a short term basis.
On a longer term basis, you have competition,
such as Turo, which is gaining share in the
industry, and then also Maven from GM.
And then on an even longer term than that,
something that's starting to gain traction
are used car subscription services.
So you're dealing with a company that has
tremendous downward pressure on revenue from
competition and increasing expense in terms
of depreciation.
And I think they're going to have a very,
very tough go going into the future.
And I think it's a good long term short.
On the long side, again, I mentioned Ford.
I think that that Ford is a good company,
something that could be bought now.
Accumulate shares.
Take advantage of the high yields and the
valuation because they will exit this down
cycle in autos ahead of the others, in my
opinion.
But another interesting one too is Carvana.
DANIEL RUIZ: Carvana is an online only retailer.
And investors look at that company, and they
say, OK, they're not profitable right now.
So you question the stock price, the valuation.
But we really need to look at it from a growth
standpoint.
Carvana has a significant advantage over its
competitors in terms of scaling.
To give you a quick example, a traditional
dealer will-- the average cost of a new dealership,
including inventory, is about $11 million.
For Carvana, to enter a market, the average
cost is $500,000.
So from a scaling perspective, they have a
significant cost advantage over their competitors.
And truly, I just think that's one of the
trends that should really, really be followed
in this industry, ahead of autonomous driving,
even ahead of electrification, because I think
that there's further technology advances that
need to happen in that area in order to have
electric cars scale.
Online is something that the consumer is ready
for.
It's something that they've been that they've
been conditioned for by companies like Amazon.
They're used to buying items without having
to feel them and touch them.
Used car prices have-- the trend is going
to one price.
So there's less friction in that respect from
clients.
And Carvana it takes care of the fear of purchasing
a bad car away by offering a seven day return
policy.
DANIEL RUIZ: So to finish, the main reason
why I wanted to do this today was because
I want investors to focus on the true drivers
of the auto industry and not to be given a
false assurance by indicators, again, that
have very little correlation to new vehicle
sales, whether they be economic or industry
specific.
There are things that drive the auto industry
from the ground up one transaction at a time
that really matter.
And those are the things that we need to be
focused on.
And when it comes to those things, there is
serious deterioration happening, a lot of
which was masked by used car performance in
2018 that, I personally think, wouldn't be
prudent for somebody that's analyzing the
auto sector to plug that into a financial
model or any model that forecast future sales
shouldn't have used car appreciation built
into it.
I think that used car values are going to
decline.
2019 is the peak in lease maturities.
I think we're running into issues with new
vehicle pricing, which is evident in loan
terms that are increasing and very, very aggressive.
If new car pricing unwinds, that's going to
pressure used car values.
If used car values are pressured, return rates
are going to increase, which means that there's
going to be increased supply at wholesale
auctions, which is going to pressure used
vehicle values.
And as used vehicle values fall, time to equity
increases, and residual values fall.
I don't think we're in an environment of growth.
I think we're in an environment where we're
going to decline in the fundamental factors
that, I believe, are extremely important,
the ones that fuel growth, the ones that fuel
margin.
And I just I want to make investors aware
of the situation that we're currently in.

Detailing | Seramik Kaplama | 20 Yıl Önce Terk Edilmiş 1964 Chevrolet Eski Haline Dönebilecek Mi?

Sekizsilindir:

Hello everyone!
We removed our 1964 Chevrolet Belair car from our dusty garage and brought to here.
Our car that stayed on here for 15-20 years
and came to here with various problems on it,
we hope it will exit from here on brand-new condition.
We'll use different equipments for this
and we'll prefer Nasiol brand on these equipments.
Last word on technology! We need to make this bottle,
because it fitted better with the mouth of fuel tank
First our car will be washed and became brand-new with shampoo.
Later an iron filings (powder) cleaning will be done.
Then clay cleaning will be done and pass to engine part cleaning.
We'll clean it with steam,
the engine will become brand-new too by using various liquid solutions.
Afterwards we'll pass to interior part.
We'll clean its interior too in a perfect way.
Again we'll use different solutions for this cleaning, then we'll get out of the car again.
A very serious polishing operation will be done at exterior part,
because its paint is on very bad condition.
Later by doing of ceramic coating,
we'll see that will its paint become brand-new or not all together.
Of course, during these operations,
we'll explain the details of next operation before it's done to you.
We'll tell you how must be done for each operation,
which equipments must be used and what are the things that must be careful about.
Now let's first wash our car and start to our operations.
We cleaned our car by lathering.
And now we sprayed a liquid solution to it.
This is a pinky solution.
However when we sprayed it to the rims, we can say that it blushed the rims.
The reason of this is,
this is called as iron filings cleaning.
The aim of it is providing remove iron and metal particles from the car exterior
and also it makes rusty surfaces better and rustless.
Look, as a result of chemical reaction, this light pink solution became very darker.
Coming soon, general cleaning on our car will be done
and the car will become free from rust and iron filings etc.
General cleaning of our car was done.
Iron filings cleaning was done, look at the our rims, how were they and last state..
You can see this on here easily.
They were really rusty but now they are shining.
And there is no need to do an extra operation to them,
we just used the special solution for iron filings cleaning.
Now, we'll clean our engine.
But before this,
our friends isolated electrical and different components to prevent any problems.
I want to show you a special thing in here.
Normally we open the hood from inside of car,
look where it is on this car.
Look we're pulling from here,
opened the latch.
Engine hood is like lift a barbell, very heavy.
The engine is on this state at the end of 15-20 years of standing idle as seen.
There are muds on suspension system, because we couldn't wash these parts yet.
But we'll do steam cleaning now
and we'll wash these parts with pressurize water if steam falls short.
But we won't power wash our engine,
because power wash can damage the engine, especially hose and electrical equipments.
We'll use steam cleaning instead of it.
However, before of steam cleaning we have a chemical solution.
The aim of this solution is
removing dust, rust and dirts that occured in time from car by softening so far.
After we spray this solution to it,
we'll do steam cleaning.
Later, by doing anti static covering of it,
we will finish our engine cleaning.
Our engine cleaning was done too.
Being very worn of our engine can seen clearly.
But there is pretty huge difference with its dusty and rusty state.
At least, its general lines and details can seen clearly.
Now, we finished this part,
so we can pass to interior part by closing the engine hood.
Interior of car is pretty dusty because of standing idle for 20 years.
Now, we'll show it to you.
We finished general interior cleaning of our car.
We vacuumed dusts and dirts by using vacuum cleaner,
on floor coverings and on seats.
Now, we're passing to detailed part of operation.
Here is a Nasiol general cleaner
and an equipment that looks like compressor.
Look at here, there is something like tongue.
It's not like wick, it doesn't move and is curved towards edges.
The aim of it is that,
when you push this, something like that happens
and so this tongue constitutes a turbulence,
and it vacuumes something as a result of this turbulence.
It can take out dust and dirts from deep inside of surfaces by using this vacuum technology.
These dusts and dirts are cleaned on next process.
Later, as we said before, if you want to continue to this cleaning, you can use this general purpose cleaner.
Already this cleaner is put to inside of this machine on first process of operation.
Now, we can start to our operations.
- Laughings -
We very proceed on heavy cleaning part of our car.
The most dirtiest part is floor coverings of course as you guess.
Now, we obtained this dirty liquid as a result of this operation.
Let's spill it and see how it's dirty.
Yes, that machine really works as you see.
We're allowed from the car owner.
Now, we'll drive the car.
Car has stick shift on it as seen and a manual transmission.
Three forward (speed) and reverse.
We'll try it, now I'm on first speed.
They said that this is reverse gear, we'll see it all together, I have never used a transmission like that.
Does it fit?
- Super.
I sweated like a horse, it's pretty interesting.
You must know it well.
This car has a different transmission type.
You can see the dirts that exists on it easily.
These dirts can not visible on car body by naked eye.
Its actual colour was like that,
cleaned surface made it like this
and now body is ready to polishing.
Our clay cleaning operation was done too.
We did it by using these doughlike clay cleaners as we talked before.
Already its surface is, look at its surface.
Many tiny dirts occurred on it, I can see it from here.
So, we took out many dirts from paint
and this provides a better and healthier polishing.
While we were doing this operation, we used this cloth too.
The surface of this cloth is pretty same with previous clay material.
And it provides to do this operation in a shorter time.
Also here is a clay cleaner that mounted to polishing machine.
We can do this operation in a better and homogeneous way by using this material.
Of course, the aim of these equipments is
providing a better polishing
and also a better ceramic coating.
Now, we've equipments in here,
but before explain them I'll put these ones to there.
Yes, we've different equipments as you see.
And two products of us.
These are the products of Nasiol as thick and thin.
Mr. Göker will tell you the details of these products.
But let me tell you about Nasiol brand briefly.
Nasiol is a Turkish brand and produces nanotechnological products with supports of TUBİTAK.
They have distributors on 27 different countries at worldwide
and they can export to 120 countries by using these distributors,
more precisely selling.
So they are a that much important Turkish brand.
We'll use these products on our operations
and it's a must to ask to the master of these products during operations.
So I'll invite Mr.Göker to here.
He'll explain us to what kind of operations will be done with these products.
Please, here is Mr. Görker.
Hello, how are you? - We're fine and thanks, and you?
Thanks a lot, you have a very nice workplace,
We did our operations very well and brought our car to here though just barely :).
Now, we'll come to main operation,
would you explain what we'll do and what equipments will be used?
So our followers can learn its details in that way.
- Of course, we came to main point that makes a difference.
It's polishing process, okay but what is the meaning of this.
Polishing means to eliminating hair lines that cause opaqueness on paint surface.
It's also known as "pasta" in Turkish public.
We'll use two different products during this operation,
thick polish of Nasiol which is thick abrasive
and thin abrasive product of them to brightening will be used.
- Is this your thick abrasive, right?
Yes, this is thick polish.
There are abrasive micro aluminum oxide particles inside of this.
We infuse these particles into the paint
and so we trim hair lines exist on paint in that way.
We remove the pretty thin layer which exists above of varnish
and we reach to shiny below layer.
We have two different machines alike products.
We'll use this rotation machine to removing of heavy and thick lines, precisely rotary machine.
This rotates around a fixed axis,
but, of course, it leaves some micro scratches.
We'll use our orbital machine and thin polish to reaching maximum brigthness.
This machine which is called as orbital oscillates
and provides to obtain maximum brightness.
However pads or discs of these machines are big and we can't reach everywhere by using these,
we have little helpers for this issue.
This is our medium size machine,
this is our charged and small machine which is called as nano polisher, it's in that way.
- On corners and edges, this small machine is used for places that couldn't reach by big machines.
- Absolutely.
Of course we've some other different machines but these are our main polishing series.
We'll do all of our polishing operation by using these equipments as you'll see.
We'll make this tired paint as possible as vibrant.
- Yes, I really wonder its result and last state.
Because although being washed many times and different methods, there are stains on it.
I guess that our thick and thin polishings will provide to handle with them.
- Absolutely.
I also really wonder about the result.
Now, there is no need to talk more.
Let's our skilled laboureres start to apply these nice products to the car and see the result.
- Yeah, let's start then :)
Yes, this is a very interesting equipment.
Because it has an eccentric axis of movement,
this is called as orbital too, so it doesn't rotate on a circular axis.
It leaves from its axis of movement, so is eccentric.
Look, it's in that way..
Even let me show you its initial movement.
Thick and thin polishing operations were done.
The difference is very distinct in here as seen.
We've two layered applying in here,
first thick polish then thin polish were applied to here.
This part is on condition after washing with water, so the old condition as you see.
If you want to explain it in more technical terms, please welcome Mr. Göker.
- Sure, we set up sticky tape to here
and we wanted to show you what is the aim and function of polishing operation clearly in here.
Polishing operation is as we said before on paint surface,
this is a varnish and metallic paint,
the process that we make paint totally perfect by eliminating all of faults on varnished surface on it.
You see that, there are nearly zero faults on side that took action.
Just the faults because of paint itself exist, we can't fix them because they are below of paint.
We face with a pretty opaque, oxidised and scratched varnish on the other side of tape.
We'll do ceramic coating to above of totally perfect paint,
so we guarantee this faultlessness of paint for a long time.
- Yes, pretty good. I touched this part and some handprints occurred and sorry about that.
Forgive me, now we'll clean it continue to other operations :)
The rear side of our car was on pretty bad condition.
There were tiny bulges on it.
Even there are on front exterior too, may our careful audiences realized them.
This car was painted for a long time and it wasn't a good painting.
To prevent this,
to provide a better work and solution to this car,
we started this emery operation.
we're using an emery has a thickness of 3000.
So our surface will become smoother because of this operation.
And polishing and next ceramic coating operations will seen smoother and nicer.
So we use this seen machine and flattening our surface.
Polishing operation wasn't applied to this part,
so just emery was applied to it.
We rubbed with emery to eliminate bulges and obtain a more smooth surface as you know.
And here is coming
the place that we polished layer by layer.
Look at this significant difference,
also our special and glassy coating which is called as ceramic coating will be done to above of this,
We'll obtain more wet and brighter view.
Our operations are continuing.
We're doin operations on every side of the car.
It started to shining but we're on the midway.
Now, we've an important detail in here, our chrome parts.
Our car is an important American car of 60's
and look at it how much chrome details were used on it.
If you renew your car body but except chrome parts, this is not acceptable.
For that reason, now
we'll start doing something to these stained, old and worn chromes.
We'll fix and give close attention to buffer, grill and chrome details that exist on various parts
and we'll make them shiny and brand-new :)
Our chrome operation finished too.
Look at our car, it's shining now.
It's a car that have chrome on every side of it exceedingly.
Now, we're coming straight to the point.
What is it, we'll do ceramic coating.
However it's better to correct a fallacy in this point.
We don't coat this car with real ceramic when we do this operation as you can guess.
This fallacy is very common and we need to say this warning.
Actually the real thing is just transparent, pretty protector, surface lubricant, a tough and hard layer.
Now, let me show you that material which will be used on operation.
This is the material,
we'll use Nasiol ZR53 product.
The car will come to a better situation from even now.
Of course the details of this will explained to us by Mr.Göker now.
I'm giving our product and let's learn the details all together.
- Okay, I'll explain it as far as I can.
Our product is called as ceramic coating which is common name of nanotechnologic coatings.
What is this, is a liquid product.
Actually our subscribers really wonder these,
we explain them every time because this is our job.
This product is a liquid,
it includes solvent and it's a product that becomes glassy when it gets dry,
shiny and creates a very hard layer on paint surface.
It becomes a part of paint by physical bonding to paint.
Later it becomes very hard as you said,
and it puts paint under protection.
- And it provides a behaviour to paint like teflon pan, such as not keeping something that comes above of it and allow to spilling.
- Absolutely, let's mention to benefits of this product after applying it to car.
After you apply this, getting dirty of your car takes a very very longer time.
It's getting dirty occurs very late and cleaning occurs very easily.
Paint has gaining strength and durability to tiny scratches or capillary lines,
all in all it's a product that has toughness.
If I remember right, this product has 9h toughness.
It's a product that protects paint very well because of giving toughness to varnish and adding chemical durability to it.
We'll apply this soon.
It also increases the brightness of the paint,
it has a benefit like that too,
the paint will be dirt-proof and stainproof and shiny as you said.
- Okay, I wanna ask something important in that point.
We did a that much nice coating on this car and we went to expense of course.
How must protect this coating?
Because there are many different washing methods,
machines, brushes, sponges, only with foam
or washing methods without touching to the car..
What do you recommend?
How must the washing be to protect this coating?
This product is firstly designed and produced for ease to users life.
There is no need to protect or make different efforts for health of this product.
It's a product that protects you, you don't need to protect it too.
However there is just one issue, washings.
You must be careful about washings , how?
It must be washed with pH balanced shampoos,
- So you say we can't use anything on the streets,
for example we mustn't use random third class products from gas stations.
- Yes, you're right.
- That times its serving life is affected.
- Yes, absolutely it affects, all in all because that shampoo corrodes the product chemically,
it shortens the life of product absolutely.
Also we mustn't wash the car with brush or automatic washings.
With pH blanced shampoos,
also we give washing gloves to our customers,
if you wash with these gloves,
and you use pH balanced shampoos on washing the car
products can reach their expected serving life durations easily.
- Then what is the expected serving life, how long its durability?
- This can varies from one to another product.
Also it's related with user, place that it is used, conditions of that place,
being stayed on closed or opened garage, daily usage frequency of car.
Also the producer expects 1-3 years service life for the product that will use on our car, on my hand.
This product stays on your paint physically from 1 to 3 years,
it provides the protection that expected by producer to your car.
- OK, we explained it but how we gonna apply it, can you talk about it?
So you explain its usage details first, our audience will already see it soon.
But let's talk about it briefly.
- Of course, actually it's not a big deal, it's a liquid product.
We'll spill this liquid to applying applicator on a constant amount.
we'll spread it to a fixed paint area,
will wait for a specific time and wipe up and it's done.
The curing is as important as applying it.
If half of job is applying it, then other half is curing.
We'll hold the car on a closed garage for 1 day.
The product will compose its molecular structure properly,
it'll gain physical and chemical durability and will bond with paint.
Then it can give that expected service life because of this curing process.
If we apply this product to car and allow outward it immediately,
this product can't complete its curing process,
and it can't show its real strength.
- Then it won't satisfy our conditions. Absolutely.
Soo, let's pass to applying part. - Ok then.
Everybody really wonders it and me too.
And you really wonder too, now it's showtime :)
Our ceramic coating was finished too.
Now, we'll wait until tomorrow morning for perfect curing and gaining its function.
And will take a look at it that time too.
Now, it's time to see our product for windows.
Please Göker, would you explain it what and how?
- Of course, we'll apply Nasiol Glass Shield window water skidder product to our windows.
This product sticks to surface of window.
It provides rainproof and skidder effect on windows by bonding molecularly to window surface like ceramic coating that bonds with paint.
This feature is actually not a lux, but we apply this as a safety member.
- There is a question on my mind,
Now, there are antifogs that are applied from inside of windows as you know,
even they're disturbing and oily and they leave a dirt or lines.
Even, we normally apply it from inside, but when we apply it from outside of window,
there occurs a situation and lights jumble and mixed to each other.
- Absolutely.
- This occurs on especially rainy and dark weather conditions and really disturbs the driver.
What kind of an effect does this product has?
Can you explain this?
- Of course, when we say it's a safety member already we mean these situations.
On the glass that this product is not applied,
when wipers started to move, water spreads to surface and the light refracts,
and our visibility decreases seriously.
After we apply this product, water can't stay on window surface,
because of becoming a waterdrop and going away from window, our visibility really increases.
So this oily situation doesn't occur on outer of window.
- So it's important in safety too. - Absolutely.
- So we can say that it provides comfort and safety? - Absoutely.
Apart from that, it decreases icing in winter.
It has benefits like being able to ease to clean of hoarfrost that occurs on window at mornings.
- Very nice. Our windows finished too.
Now, we're passing to an important part, rims and tyres..
You really cleaned well the car and many things became very well.
What are the irreplaceables, of course tire sidewalls and rims..
Now, we did metal powder cleaning before. - Yes.
We'll apply a brightening operation above of this.
Could you explain us this operation? - Of course.
Please tell us what we will use on tire sidewalls and rims.
- Of course, we'll apply heat resistant, nano protection Nasiol metalcoat to the rims.
We'll spray the product to surface, wait for 30 seconds and wipe up, its applying is pretty easy.
This product is heatproof, also is brake lining dust and dirt repellent.
On tire sidewalls,
we'll use Nasiol detailer shine product that can make them black by avoiding from extreme brightening to them
and can protect sidewalls from dust, water and other external factors,
- But it looks like we'll have great difficulties on rims.
Because these are old types,
by the way this is rim lid,
although being a wired rim,
can you imagine that you clean these wires one by one?
However, we'll try to do it well as far as we can do. - Absolutely.
Of course present rims are not like that rim, so this product can be applied to them very easier.
Let's look at the operation, I wonder how we'll do it too.
- Ok, let's see all together.
Normally we spray product to rim surface,
then wait for 30 seconds to getting into it, later wipe up.
However our rim is an old type rim
and we can't reach with cloth to behind of these wires.
For that reason, I'll spray it to one side of cloth instead of directly spraying to the rim surface.
Then I'll wipe up rims with cloth and clean it with clean side of cloth.
I'll do this operation in that way.
- We're together with a rim that causes pretty difficulty.
Absolutely. - We'll do it as far as.
There is an issue like that dear audiences.
These rims, lid rims that exist on American cars are very interesting.
For example in old action movies that have these kind of cars on it,
when sharp turns occurs,
sometimes the rim touches to ground because of stretching.
Then the car and the rim goes to different ways,
there occurs scenes like that.
We drove this car after we removed it from garage and we lived same situation on there.
We want to show you that moments :)
Wow, the lid gone.
- Laughings -
We applied it as much as we can.
We'll wipe up it by using clean side of cloth after waiting for 30 seconds.
Actually it's a really easy operation.
- It works in my opinion, it polishes the rim..
Yes, rim finished too.
Now, tyres look like really bad and it does not go with this car.
Let's shine the tyre sidewalls.
The sponge is very nice, it's curved
and it fits very well with tyre sidewall shape.
Rims and tire sidewalls were finished too.
Its exterior is on very good condition too.
Now, this car will wait until morning.
Its exterior coating will be cured as we said.
And tomorrow, we'll pass to interior of car.
We'll do 3 different operations.
And its inside will be brand-new alike exterior.
We did interior cleaning of our car too.
We used two different helpers.
We used Nasiol CabinCare product that has water repellent feature on ground carpets.
Later on dashboard,
we used Nasiol CabinShine product.
Thus both brightness and protection were ensured.
Likewise on seats,
CabinCare was used.
Can you look at that difference, we set up a tape to see difference.
There is a serious and huge change.
Let me show this change to you.
There is a serious hue difference in here as seen.
Dirty part can be distinguished directly,
cleaned part is like that too.
Likewise, we did same operation on exterior of the doors too.
Look at here, our line,
this is cleaned part.
And this is not cleaned part.
Even the door holders get dirty exceedingly,
this obvious difference is seen clearly.
Thus we provided both cleaning
and a serious protection to interior parts.
We saw the difference on the doors, now we've just one last product to apply.
It's Nasiol New Car Smell.
Our car deserves this much cleanings, protections, smelling nice and give freshness to us :)
Let's spray this
and finish it.
We did all of our operations.
And we brought our car to its old place, look at it.
It's shining now under the sun.
You, our suscribers, really wanted to this topic exceedingly.
You really wanted us to choose an idle car from dusty garage and renew it in all its parts.
Then we started with this car.
What did we do, we removed our car that stands for 15-20 years in dusty garage.
We took out and away it and tried to do its maintenance.
However we couldn't achieve to do it well.
We succeed to run and drive the car but it still has problems.
We didn't do a detailed care.
We took away the car to the place that making of exterior paint protection of car,
cleaning of interior very well,
also cleaning of the engine very well.
We succeed to bring it to this condition by using very different equipments as seen at that place.
Of course when we think about the initial state of car,
Current situation of the car is pretty good in our opinion.
Also it's good to add this too,
exterior paint of this car wasn't original.
It wasn't painted very well at past, there are bulges on surface.
Also humps are available on it.
Different operations were done inside of it too,
sometimes they did these operations originally, sometimes not originally.
We chose this car because of thinking of it's more true to make this kind of a car.
We came to the end of our video.
We have a question for you,
do you like these kind of videos and do you want it to continue?
We thanks for watching us.
We can do this, of course the aim of all thes works is
what was it, it was related with both polishing annddd
stop!
stop on that angle :)
both polishing anddd... - Will you continue?
We've small helpers, this is medium size.
And this is nano size ...... polishing machines.
Yeah :)
- Laughings -
- I think this machine is sooo funny :)
- Laughings -
- Clap -
Okay I'm starting?
- Is it ugly on camera bro?
- Very bad :)
- Is it disgusting, yeah? Wait I'm removing it.
It's so because of being yellow.. Okay okay I handle it.
Let these people pass, move moooove!
- Ege, come here and shoot my sweats.
I sweated like a horse, very interesting.
We came to the end of our video.
We hope that you liked our video and operations.
And we will continue to this series with your decisidflsdfkş -tongue slip-

2019 LA Auto Show: 2021 Chevrolet Trailblazer | Consumer Reports

Consumer Reports:

Chevrolet is bringing back
the old Trailblazer name,
adding yet another
choice for buyers
looking for a subcompact SUV.
The Trailblazer is Chevrolet's
new entry-level two-row SUV.
And its positioned
between the Chevrolet Trax
and the Chevrolet Equinox.
But despite the name,
this Trailblazer
isn't designed to,
well, blaze trails.
Two engines are offered.
It's available in both
front and all-wheel drive.
Inside, the Trailblazer
has lots of hard buttons
and seemingly simple controls.
It also offers wireless Apple
Carplay and Android Auto.
The cargo area comes with a
60-40 split fold-down rear
seat.
And if you need to
carry really long items,
there's an available full
flat front passenger seat.
Standard safety features include
forward collision warning,
automatic emergency braking
with pedestrian detection,
lane-keeping assist, and
lane departure warning.
Pricing starts at under
$20,000 will go on sale
in the spring of 2020.
For more on SUVs, check
out ConsumerReports.org.
[SNAP]

Why GM 3.0 and 3.6 V6 Timing Chains Fail

Pete's Garage:

Welcome back to Pete's garage where
behind me I have a GM vehicle high
feature v6 that needs timing chains. My
name is Pete and welcome to my garage!
Let me tell you a little bit about this.
It's not anything new for this GM high
feature v6. When I say high feature v6, I
mean the 2.8 liter the 3 liter and the
3.6 liter. The 3.6 liter is very popular.
It's pretty common for these things to
need timing chains. It's not a brand new
issue, but it is something that can
probably be prevented with good
maintenance. And let me show you what I'm
talking about. Here behind me we have a
2010 Cadillac SRX and it has the 3.0
engine this vehicle does have a hundred
and nineteen thousand miles on it. It was
actually setting multiple diagnostic
trouble codes and those were p0016
p0017 p0018 and p0019. In order
to get the all four of those codes
there's quite a bit of stretching going
on with those with those timing chains.
One thing I've noticed on a lot of these
jobs where I've done a lot of timing
chains on this engine. One of the
problems that we always run into is that
the vehicle is low on oil. Now being low
on oil it is going to have a great
effect on timing chain life because the
timing chains are lubricated and cooled
by engine oil. So if you're low on oil
what do you know you're gonna have
chains that run hotter and they're gonna
want a stretch. When you get metal
hot it's going to have a tendency to
stretch. Especially if it's under stress of
variable camshaft timing. Also the
timing chain tensioners themselves are
hydraulic. There are some springs in
there but they are also hydraulic so the
oil pressure also helps to properly
tension those timing chain tensioners. So
if you run low on oil you're going to
have less tension on the chain. So a lot
more slack to bang around, coupled
with running hotter you have a
recipe for disaster.
Where did all that oil go? This one
particularly takes six quarts
of oil and I had to put three quarts of
oil in this thing before it even was on
the dipstick! So it was definitely run
low on oil. The question is where did all
the oil go? It doesn't have a bad oil
leak. Now the timing covers do have a
tendency to leak a little bit on these,
but this one really wasn't bad at all.
Where the oil goes is actually
through the PCV system and it is
designed this way. You know all PCV
systems burn crankcase vapors and
that's so you don't pollute
crankcase vapors out into the atmosphere.
On the right side valve cover right
here at the back of the engine you can
see here we have our PCV hook up or this
nipple. Right there. So this nipple comes
through and you can see the little
orifice inside here.
Now there's this this ledge right here
and there's a little slot right
there where it's supposed to get the
crankcase vapors from. So it can burn
them through the intake.
Because that nipple on the
valve cover leads to the intake
manifold and you can see back there. Kind
of the where that leads to the crankcase.
Now one problem is I think they were
having problems somehow with too much
air getting through here from the
crankcase or too much oil vapors. You
can see this one's wide open here. So
it's sucking a pretty good vacuum on the
crankcase. Well GM released a new updated
gasket. Here you can see the difference
between this gasket and the old gasket.
They never actually said anything about
this but all the new gaskets you get
from General Motors are like this. So
they've cut it down with three little
holes right there to try to eliminate
the amount of air that's pulling through
the PCV system. Hopefully reducing the
amount of oil consumption. Also you have
to change your oil! If you let this thing
go eight thousand miles on an oil change,
like the oil life monitor might let you
go. Chances are you're probably gonna be
low on oil! You know it's by design
it's going to burn oil and usually once
you get over the five thousand mile mark
that's when its accelerated how quickly
it burns oil. So the less oil you have in
there, the hotter the oil is going to be.
Therefore the more oil vapors you're
going to end up having. Therefore it's
going to burn more. So make sure you
change your oil. I would recommend not
going over 5,000 miles.
I still think personally it's crazy to
go that long on an oil change. But ten
thousand is really crazy! Now this one.
The timing was very far off. I noticed
that whenever I checked it before I took
the chains off, it had jumped
timing on the intake cam on the left
bank quite a bit. Then the right bank
was also off. It had jumped teeth on
the primary chain down low.
Alright here you can see on this front
cover how
loose that timing chain was. It was
actually flopping around so much down
there, when it jumped it actually hit
that little ledge down by the crankshaft
oil seal! So the chain was that loose and
is flopping around and dragging down
there!
You can definitely tell that those
chains were really loose. Alright if you
are doing this job and changing out the
timing chains one thing I would
definitely make sure you check out is to
make sure all of your cam actuators lock.
Now this one whenever we did get it
started up it didn't run very well
because the cam timing was so far off,
but it did have a pretty good rattle
noise. So if you have a rattle noise on
startup this could be your problem. So
right here you can see I can move this
camshaft without the sprocket moving. You
see this? I can actually move the
camshaft inside that actuator. So I put
chains on there and whenever I was
rotating it around I heard it popping
pretty good. Now there's a pin inside of
these actuators that is supposed to lock
whenever there's no oil pressure on it.
On startup it's supposed to be on
its base cam timing. Then once there's
oil pressure, it releases the lock pin
and therefore allows variable cam timing
to happen. But not until there's oil
pressure. So whenever you're trying to
set the timing and your
camshaft moves independent of the
sprocket, that's a bad thing. So we have to
replace that sprocket right there.
All of the other ones are locked in. You
can see right here that it's solid. It
doesn't want to move. I don't want to
be rotating it by the camshafts. You
see? That's pretty solid. So whenever I
first took this thing apart there was so
much slack in these timing chains. It was
insane! These things are pretty tight now.
Of course my primary down there isn't
very tight because I've been playing
with it. The reason why these
timing chains go bad is because they get
hot from lack of oil. So if you keep keep
onto your oil changes and everything you
probably will have a good long life out
of these these engines. Also
if you are having oil consumption
issues I would suggest maybe trying this
new valve cover gasket that goes on that
right bank. If you replace that valve
cover gasket and make sure you clean out
that little PCV valve, that little orifice.
Just blow it out and clean it out.
Chances are it'll really lower your oil
consumption. I hope you found this video
helpful. If you would like more
information on this vehicle or anything
like that make sure you like and
subscribe. And thank you for watching