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
During his speech in Ford’s hometown of Dearborn, Michigan, Bill Ford noted that high labor costs could limit spending on developing new vehicles and investing in factories. I still believe the automobile industry is a major force for good in our country. Instead, they are the UAW’s future members.
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 to invest $700m in Volt rechargeable electric car. Michigan has approved $135.2m Tags: Production News Detroit GM Chevy Volt.
Green Car Congress
JUNE 23, 2009
A new report released by the University of Michigan Transportation Research Institute ( UMTRI ) analyzes critical choices faced by automakers and finds that broad, deep, fast change is necessary for success in the context of the worst financial crisis in the history of the domestic automobile industry. Click to enlarge.
Cars That Think
JANUARY 17, 2023
President Biden says his EV policies will result in “one million new jobs in the American automobile industry. Michigan Governor’s Gretchen Whitmer, for example, claimed that since she took office in 2019, 25,000 new auto jobs were added to the state through her leadership in leading “the future of mobility and electrification.”
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
The Truth About Cars
SEPTEMBER 26, 2023
On Tuesday, President Joe Biden went to Michigan to join the United Auto Workers auto workers on the picket line after the union expanded striking to 38 additional GM and Stellantis facilities. And they saved the automobile industry. It is what it is and the union can pretend not to like the attention.
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