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GM’s Cruise valuation slashed by more than half, adding to woes – ET Auto

Baua Electric

GM Cruise General Motors’ Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company. Cruise employees were told the share price had been estimated by a third party at USD 11.80, according to an email viewed by Reuters.

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Why Car Dealerships Should Invest in Public Charging

EV Connect

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. Here are 3 reasons why public charging is a great opportunity for car dealerships: 1. increased from 1 6.5

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Gilchrist Car expands with 3 acquisitions

Baua Electric

Stephen and Charlie Gilchrist of Gilchrist Car in Hudson Oaks, Texas, purchased 4 dealerships in 3 transactions this past, together with the crowd’s first Honda collect. Gilchrist Car purchased the 2 shops Jan. 26 from Tim Allred of Rocky Mountain Yeti Car Staff and renamed them SouthWest Buick-GMC and SouthWest Honda.

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GM’s Cruise faces long road back to city streets in wake of safety review – ET Auto

Baua Electric

” General Motors’ Cruise self-driving car unit faces a trip that could last the better part of this year to convince regulators and a wary public that its robotaxis are fit to share the road with human drivers, industry officials said. .” billion pretax loss last year and burned USD 1.9 billion in cash.

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Shelby Mustang Mach-E, BMW M5 spy shots: Car News Headlines

Baua Electric

Aurora Innovation plans to launch a commercial service next year with self-driving trucks transporting goods between Dallas and Houston. You’ll find these stories and more in today’s car news, right here at Motor Authority. Hyundai Elantra: Compare Cars 2024 Range Rover Sport SV spy shots and video $2.5B

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Reynolds buys startup to spice up DMS used-car acquisition generation

Baua Electric

Auto Visual’s manage management may also keep on, together with CEO AJ McGowan, who has the latest identify of president. The post Reynolds buys startup to spice up DMS used-car acquisition generation appeared first on Bauaelectric Auto News. Lyle Dizon, the important running officer, residue as govt vp.

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No Eclipse Plans? Try These Last-Minute Strategies.

Baua Electric

Drive toward the darkness If you have access to wheels and live within a few hours of the path of the total eclipse, you can always jump in the car. But if you’re hoping to rent a car, you might have some trouble. The highest demand so far has come in places like Dallas and Austin, Texas, as well as Cleveland and Indianapolis.