General Motors Co
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LG Energy Solution, GM To Build $2.1 Billion Battery Factory In U.S.
LGES and GM are expected to fund the project equally via Ultium Cells, their U.S.-based battery joint venture.
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Ford, GM Juggle High Prices, Supply Chain Pressure In Tesla's Shadow
The results Ford and GM reported on Wednesday show managing the supply chain pressure will not be easy, and that investors are watching the companies closely and critically.
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Ford Counterattacks In 'Cruise' Dispute With GM: Report
Ford reiterated on Friday its position that GM's suit is frivolous. The effort to nullify GM's trademarks for the use of the word "cruise" takes the fight to a new level.
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GM Says China Sales Rise By 5.2% In Second Quarter
The U.S. automaker said sales of its Cadillac XT6 three-row large luxury SUV grew 42% to about 10,000 vehicles.
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GM CEO Says Chip Shortage Could Hit Profits By $2 Billion, But Trucks Won't Be Hurt
GM expects the chip shortage to trim $1.5 billion to $2 billion from its 2021 operating profit, or up to about 90 cents a share.
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GM To Invest $1 Billion In Canada Plant To Manufacture Electric Vans
The Canadian government welcomed the deal and said it would confirm its support as soon as the union members ratified the deal.
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GM Recalling Nearly 69,000 Bolt EVs For Fire Risks
The recall is for 2017-2019 model year Chevrolet Bolt EVs with high voltage batteries produced at LG Chem Ltd's Ochang, South Korean facility.
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GM Partners With EVgo To Add 2,700 New Fast Chargers in US
General Motors Co has partnered with electric vehicle charging station provider EVgo to add 2,700 new fast chargers, which can be accessed by the general public in the United States over the next five years, the automaker said on Friday. The move comes as GM is expected to launch many new electric vehicles in the coming years and the partnership wi...
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Volkswagen Expects Single-Digit Sales Decline In China This Year
Volkswagen AG said on Friday it expects its China sales to fall a single-digit percent this year as new sport-utility vehicles and premium models help it recover from a sales slide in the world's biggest auto market. The German automaker sold 1.59 million vehicles in China in the first six months of 2020, down 17% from 1.92 million units in the sam...
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Ford, Volkswagen Will Stay Neutral On Challenges To Trump Vehicle Emissions Rule: Report
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% ann...
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GM Plans Electric Van For Business Users In Bid To Pre-Empt Tesla
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc, five people familiar with the plans told Reuters. That multibillion-dollar strategy could enable GM, Ford Motor Co and at least ...
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Self-Driving Sector Contends Its Cars Can Prevent Many More Crashes Than Insurance Study Says
Companies working on self-driving vehicles have criticized an insurance industry study suggesting that only a third of all U.S. road crashes could be prevented by driverless cars, arguing that the study has underestimated the technology's capabilities. The study by the Insurance Institute for Highway Safety (IIHS), released on Thursday analyzed 5,0...
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GM Says Most New Vehicles To Get Over-The-Air Upgrade Tech By 2023
GM and other established automakers have been slow to catch up with electric automaker Tesla Inc, which has for years used smartphone-style over-the-air upgrade technology to change the function and feel of its vehicles overnight.
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General Motors In Talks With Peugeot To Sell European Auto Business
General Motors Co and French automaker PSA Group are said to be in talks which will see the latter take over GM's auto business in Europe. The PSA Group clarified this in a statement saying "Since 2012, General Motors and PSA Group have been implementing an alliance covering, to date, three projects in Europe and generating substantial synergies fo...
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Volkswagen Group Is Officially The World's Largest Carmaker
2016 was a tough year for the Volkswagen Group with the Dieselgate scandal affecting its generally impeccable reputation in the United States and around the world. But even the largest ever automotive scandal the world has ever seen has not stopped the Volkswagen group from regaining the title of the Worlds largest carmaker for the year 2016. Accor...
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LG Energy Solution, GM To Build $2.1 Billion Battery Factory In U.S.
LGES and GM are expected to fund the project equally via Ultium Cells, their U.S.-based battery joint venture.
-
Ford, GM Juggle High Prices, Supply Chain Pressure In Tesla's Shadow
The results Ford and GM reported on Wednesday show managing the supply chain pressure will not be easy, and that investors are watching the companies closely and critically.
-
Ford Counterattacks In 'Cruise' Dispute With GM: Report
Ford reiterated on Friday its position that GM's suit is frivolous. The effort to nullify GM's trademarks for the use of the word "cruise" takes the fight to a new level.
-
GM Says China Sales Rise By 5.2% In Second Quarter
The U.S. automaker said sales of its Cadillac XT6 three-row large luxury SUV grew 42% to about 10,000 vehicles.
-
GM CEO Says Chip Shortage Could Hit Profits By $2 Billion, But Trucks Won't Be Hurt
GM expects the chip shortage to trim $1.5 billion to $2 billion from its 2021 operating profit, or up to about 90 cents a share.
-
GM To Invest $1 Billion In Canada Plant To Manufacture Electric Vans
The Canadian government welcomed the deal and said it would confirm its support as soon as the union members ratified the deal.
-
GM Recalling Nearly 69,000 Bolt EVs For Fire Risks
The recall is for 2017-2019 model year Chevrolet Bolt EVs with high voltage batteries produced at LG Chem Ltd's Ochang, South Korean facility.
-
GM Partners With EVgo To Add 2,700 New Fast Chargers in US
General Motors Co has partnered with electric vehicle charging station provider EVgo to add 2,700 new fast chargers, which can be accessed by the general public in the United States over the next five years, the automaker said on Friday. The move comes as GM is expected to launch many new electric vehicles in the coming years and the partnership wi...
-
Volkswagen Expects Single-Digit Sales Decline In China This Year
Volkswagen AG said on Friday it expects its China sales to fall a single-digit percent this year as new sport-utility vehicles and premium models help it recover from a sales slide in the world's biggest auto market. The German automaker sold 1.59 million vehicles in China in the first six months of 2020, down 17% from 1.92 million units in the sam...
-
Ford, Volkswagen Will Stay Neutral On Challenges To Trump Vehicle Emissions Rule: Report
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% ann...
-
GM Plans Electric Van For Business Users In Bid To Pre-Empt Tesla
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc, five people familiar with the plans told Reuters. That multibillion-dollar strategy could enable GM, Ford Motor Co and at least ...
-
Self-Driving Sector Contends Its Cars Can Prevent Many More Crashes Than Insurance Study Says
Companies working on self-driving vehicles have criticized an insurance industry study suggesting that only a third of all U.S. road crashes could be prevented by driverless cars, arguing that the study has underestimated the technology's capabilities. The study by the Insurance Institute for Highway Safety (IIHS), released on Thursday analyzed 5,0...
-
GM Says Most New Vehicles To Get Over-The-Air Upgrade Tech By 2023
GM and other established automakers have been slow to catch up with electric automaker Tesla Inc, which has for years used smartphone-style over-the-air upgrade technology to change the function and feel of its vehicles overnight.
-
General Motors In Talks With Peugeot To Sell European Auto Business
General Motors Co and French automaker PSA Group are said to be in talks which will see the latter take over GM's auto business in Europe. The PSA Group clarified this in a statement saying "Since 2012, General Motors and PSA Group have been implementing an alliance covering, to date, three projects in Europe and generating substantial synergies fo...
-
Volkswagen Group Is Officially The World's Largest Carmaker
2016 was a tough year for the Volkswagen Group with the Dieselgate scandal affecting its generally impeccable reputation in the United States and around the world. But even the largest ever automotive scandal the world has ever seen has not stopped the Volkswagen group from regaining the title of the Worlds largest carmaker for the year 2016. Accor...
