Green Car Congress
MAY 31, 2018
billion in GM Cruise Holdings LLC (GM Cruise), further strengthening the company’s plans to commercialize autonomous vehicle (AV) technology at large scale. GM will also invest $1.1 billion in GM Cruise upon closing of the transaction. The investments value GM Cruise at $11.5 SoftBank Vision Fund will invest $2.25
Teslarati
OCTOBER 17, 2023
I still believe the automobile industry is a major force for good in our country. The UAW’s strike against Ford, General Motors (GM), and Stellantis has closed out its first month. The strike has so far covered about 34,000 of the union’s 146,000 members across the Detroit Big Three.
Green Car Congress
JUNE 23, 2009
According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” mpg) would increase Detroit automakers’ gross profits by roughly $3 billion per year and increase sales by the equivalent of two large assembly plans.
Revenge of the Electric Car
DECEMBER 28, 2009
GM to invest $700m in Volt rechargeable electric car. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4
The Truth About Cars
OCTOBER 16, 2023
Ford has 57,000 UAW workers compared with 46,000 at GM and 43,000 at Stellantis. The company is near an impasse with the United Auto Workers union, which walked out in targeted strikes at all three Detroit automakers on Sept. I still believe the automobile industry is a major force for good in our country.
Tony Karrer Delicious EVdriven
APRIL 21, 2009
GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. The electrification of the automobile is inevitable." When Lutz first proposed creating an electric car in 2003, the idea "bombed" inside GM, he says. "I
Tony Karrer Delicious EVdriven
APRIL 16, 2009
But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. It isa fundamental change in direction for GM. Lutz, who retired earlier this year, called the car Detroits "moon shot" and an attempt to wrest the mantle of innovation back from the Japanese. Thats short-sighted.
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