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General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab

Green Car Congress

General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB. Deutsche Bank acted as financial advisor to General Motors Corporation.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

The Nature Conservancy, Toyota Motor North America, Union of Concerned Scientists, Volkswagen Group of America, and Volta. The Nature Conservancy, Toyota Motor North America, Union of Concerned Scientists, Volkswagen Group of America, and Volta. The Driving America Forward Act is supported by 60 organizations, including ABB Inc.,

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Report: Toyota Boosts Wages Ahead of UAW Ratification Votes

The Truth About Cars

While the United Automobile Workers (UAW) are preparing to vote on contract proposals offered by Ford, General Motors, and Stellantis, non-union Toyota is increasing hourly wages. Hourly compensation has increased for the automaker’s U.S. manufacturing, distribution center, and logistics employees.

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China’s GAC Debuts Ammonia-Powered Car Engine

The Truth About Cars

Meanwhile, China’s state-owned Guangzhou Automobile Group Company (GAC) has announced it had developed an engine powered by ammonia with help from Toyota Motor Corporation during its annual technology showcase. after overtaking General Motors Co.’s s joint venture with SAIC Motor Corp. and Tesla Inc.,

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California initiative to streamline permitting of new hydrogen and electric fueling stations

Green Car Congress

Automobile manufacturers plan to roll out hydrogen fuel cell vehicles in the 2015 to 2017 timeframe, while California’s share of the US market for plug-in electric vehicles currently stands at nearly 40%. —Jim Pisz, Toyota Motor Sales, USA, Inc. North American business strategy corporate manager.

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UAW President: Tesla workers are union “members of the future”

Teslarati

In a response to Ford Motor Co. I still believe the automobile industry is a major force for good in our country. It’s autoworkers everywhere against corporate greed. The UAW’s strike against Ford, General Motors (GM), and Stellantis has closed out its first month.

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GM and LG jointly to develop EVs; expanding corporate partnership in multiple areas

Green Car Congress

General Motors and LG Group will jointly design and engineer future electric vehicles, expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. ” —Juno Cho, president and COO, LG Corp. A formal structure for the engineering teams is not yet in place.

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