Green Car Congress
MARCH 19, 2009
While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.
Green Car Congress
JULY 8, 2010
General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed.
Teslarati
NOVEMBER 9, 2021
Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., The Finances So Far.
Green Car Congress
DECEMBER 19, 2014
Previously, he spent 20 years in business and the auto industry in various senior executive positions researching and analyzing consumer behavior, including at the Federal Reserve, J.D. Power and General Motors. Ballew most recently was global chief data, insights and analytics officer at Dun and Bradstreet.
Charged EVs
DECEMBER 14, 2021
Finance coverage at the end of October suggested a valuation of $50 billion or more—higher than Kia or Nissan, both of which are decades old and make millions of cars a year. Opening at $80 billion-plus, Rivian blew past all that—making it worth more than General Motors. Can Rivian follow that trajectory? Stay tuned.
Green Car Congress
FEBRUARY 3, 2009
General Motors is working with communities such as San Francisco to develop a plan of action to establish the supporting technical and policy infrastructure required for broad commercialization of plug-in electric vehicles such as the upcoming Chevrolet Volt. GM described its approach at the Washington Auto Show. Earlier post.).
Green Car Congress
JANUARY 4, 2012
In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends. than was seen in 2010 and 2011.
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