article thumbnail

General Motors introduces omnichannel used car marketplace CarBravo

Green Car Congress

General Motors introduced CarBravo, a new marketplace for used vehicles. Customers can receive guaranteed online offers, from the industry standard Black Book, to buy their vehicles even if they do not purchase a vehicle through CarBravo.

article thumbnail

Electric Vehicle sales peaked in Q4 2021, Tesla dominates market share with 72%: KBB

Teslarati

A new report from Kelley Blue Book indicates electric vehicle sales peaked in the United States in Q4 2021, accounting for 4.5 The KBB report says nearly 500,000 fully-electric vehicles were purchased last year. percent of all automobile sales in the final three months of the year.

article thumbnail

GM raises stock offering price range and increases size

Green Car Congress

General Motors Company has increased the estimated price range for the offering of 365 million shares of common stock to be sold by certain of its stockholders to $32.00 Barclays Capital, Credit Suisse, Deutsche Bank Securities and RBC Capital Markets will be the joint book-running managers for the offering.

Price 170
article thumbnail

Tesla is the most preferable brand for prospective EV buyers

Teslarati

According to Kelley Blue Book , 25% of new car buyers considered an EV in January, February, and March 2022. The government’s tax credit program for electric vehicle purchases has offered consumers yet another reason to consider EVs.

article thumbnail

GM and IBM bring OnStar and Watson together for new cognitive mobility platform: OnStar Go

Green Car Congress

General Motors and IBM are partnering to bring the power of OnStar and IBM Watson together to create OnStar Go, the auto industry’s first cognitive mobility platform. Parkopedia will provide detailed parking spot information—including opening hours and up-to-date prices as well as booking and payment capabilities.

GM 150
article thumbnail

False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

Around the same time, however, General Motors and other automakers were in the process of decommissioning their battery EV fleets, the key component of V2G. The pair made major contributions to the propulsion system for the Impact , a battery-powered concept car that AeroVironment built under contract for General Motors.

Grid 134
article thumbnail

The Real Story of Pixar

Cars That Think

This division was charged with computerizing editing, sound design and mixing, special effects, and accounting for the company's books, as if this fourth challenge would be as difficult as the other three. So we bought two books each on how to start companies. This was two computer nerds talking to each other. Ross Perot.

GM 145