GM commits to aluminum in Alcan pact

Article Abstract:

Alcan Aluminium Ltd. and General Motors have made an 10-year, multibillion-dollar deal that involves using more aluminum in the making of GM cars. Currently, GM uses about 210 pounds per vehicle and spends more than $1 billion for the metal per year. This agreement will provide GM with about one-fourth its aluminum needs; Alcan says GM will buy about 10% of the aluminum it sells. More aluminum will be used in each model year as the best way to improve emissions and air quality. Ford's Lincoln LS sedans reportedly use 261 pounds of aluminum. Each car still consists of roughly 55% steel.

Canada, Alliances, partnerships, Primary aluminum, Aluminum, Primary Aluminum Production, Automobile equipment and supplies industry, Automotive parts industry, Contracts, Abstract, Automobile industry, General Motors Corp., GM, Pollution, Control, Aluminum (Metal), Aluminum industry, Aluminum products, Alcan Inc., AL

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GMs Allison unit plans to broaden its line of automatic transmissions

Article Abstract:

The Allison Transmission unit of General Motors Corp. has announced that it is introducing a new line of small vehicle automatic transmissions. The Allison unit, which reported 1997 record sales of over $1 billion and had spent $200 million for product development and tooling at its Indianapolis facility, will add 104,000 units to Allison's volume when it reaches full production levels. Executives at the Allison unit have reported that the new line is slated for pilot production by the summer of 1997.

Comment:

Has announced that it is introducing a new line of small vehicle automatic transmissions

New capacity, new plant construction, Company Planning/Goals, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automotive parts, Article, General Motors Corp. Allison Transmission Div.

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