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GM to factor in EVs, software and Cruise in worker bonus talks

Teslarati

General Motors (GM) is looking to specific business areas to help determine worker bonuses for the year, as the automaker attempts to right the ship at self-driving unit Cruise and launch additional electric vehicles (EVs). Let me know at zach@teslarati.com , find me on X at @zacharyvisconti , or send us news tips at tips@teslarati.com.

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GM plans to cut spending on Cruise in half this year

Teslarati

General Motors (GM) held its 2023 earnings call on Tuesday morning, and in it, the automaker detailed its plans to cut spending on the self-driving unit Cruise after one of the company’s robotaxis struck a pedestrian last October. billion before taxes from Cruise, spending about $1.9 billion in cash during the same year.

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Stellantis and GM furlough more workers as UAW strike expands

Teslarati

General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week. According to a report from Reuters , Stellantis will temporarily lay off 525 more workers in Michigan, while GM will furlough 139 employees in Ohio.

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Exclusive: 2023 Cadillac Lyriq Preview

Clean Fleet Report

General Motors, the parent company of Cadillac, announced by the year 2035 they will only be selling zero-emission vehicles. Not to be outdone, Cadillac has announced all new models coming from the company will be a battery electric vehicle (EVs). Cadillac says “the sense of occasion that is of an Escalade is repeated in Lyriq.”

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Hyundai IONIQ 7 will go by IONIQ 9 as the brand’s first three-row electric SUV

Baua Electric

Ahead of its official debut, a person familiar with the matter told Automotive News that Hyundai plans to call its first three-row SUV the IONIQ 9 rather than the IONIQ 7, as expected. That’s more than the Cadillac Escalade, 3-row Land Rover Range Rover P400, and Mercedes EQS. of rear legroom. Can Hyundai match its success so far?

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General Motors reports strong quarter, but EV fans might be disappointed

Teslarati

General Motors ( NYSE: GM ) reported strong quarterly earnings for Q4 2023 today, but electric vehicle fans might be disappointed with the company’s outlook. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. GM beat Q4 estimates on revenue by reporting $42.98

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Lotus and Harmon partner up to add sound to hybrids

Tony Karrer Delicious EVdriven

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