Exxon stays a GM supplier but Chevron & CITGO nix dexos1
ExxonMobil has signed a new five year deal to supply lubricants to General Motors' US dealer network.
The lubes producer has been the network's supplier for the past 20 years with increased sales through dealerships year-on-year. At the same time, Exxon has also licenced a number of key products to GM's Dexos™ specification worldwide.
The products include the Mobil1 brand with the 5W-30 product meeting Dexos1 standards, and Mobil 1 ESP 0W-40 for Dexos2. Both products will carry the new spec logos on packaging.
As part of the deal, ExxonMobil will return the favour by marketing GM's own semi-synthetic engine oil, ACDelco Dexos1 5W-30, which will be released to the US and Canadian markets later this year.
The news comes as both Chevron, with Havoline® and Supreme® brands, and CITGO, with its Superguard synthetic, announced that they would not be applying for dexos1™ licences. Both companies cited cost as a primary reason for the decision but stated that their products already, or will shortly, meet dexos1 standards even though they will not carry the labelling. Castrol and Valvoline have already announced that they will not pursue the specification licence, while Shell has joined ExxonMobil in supporting it.
