General Motors Company
) has launched 11 new Ecotec small-displacement engines, which
will be used in 5 GM brands and 27 car models by 2017. The
company anticipates manufacturing 2.5 million Ecotec engines per
annum by 2017.
The engines will be manufactured in three- and four-cylinder
variants. They will also support hybrid propulsion systems and
General Motors will manufacture these engines in five
locations - Flint, U.S.; Shenyang, China; Szentgotthárd, Hungary;
Toluca, Mexico; and Changwon, South Korea. However, the company
will have to invest over $200 million in the Flint plant to
support the production of these engines.
Initially, General Motors will use a 1.0L turbocharged
three-cylinder engine for the Opel ADAM in Europe, and 1.4L
turbocharged and 1.5L naturally aspirated four-cylinder engines
for the 2015 Chevrolet Cruze in China.
The new Ecotec engines are more efficient than the previous
version and also produce less noise and vibration. They use
technologies like central direct fuel injection, continuously
variable valve timing, turbocharging and variable intake manifold
airflow to enhance efficiency. Moreover, their modular
architecture simplifies the manufacturing process and makes them
easier to adapt to global requirements.
General Motors is a leading global automotive company. The
company has presence in almost 120 countries and has facilities
located in 30 countries.
General Motors currently holds a Zacks Rank #5 (Strong Sell).
Some better-ranked automobile stocks worth considering are
Tata Motors Limited
Tesla Motors, Inc.
). TTM and DDAIF sport a Zacks Rank #1 (Strong Buy) while TSLA
carries a Zacks Rank #2 (Buy).
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