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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Girsky, GM vice chairman, Corporate Strategy and Business Development.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

The report, which analyzes global patent activity in the field of self-driving automobiles over the last five years, identifies the global leaders in the development of the technologies and also makes predictions about the future of driverless cars. GM is the top innovator in Telematics, followed by Hyundai, Marvell (US), LG and Denso.

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2024 Honda Prologue: Japan’s most American brand gets serious about EVs

Charged EVs

It sells those engines in a variety of containers, from home generators and lawn mowers to ATVs and automobiles. Honda did a deal with GM to develop its own electric SUV, the Prologue, on Blazer EV underpinnings. Honda did a deal with GM to develop its own electric SUV, the Prologue, on Blazer EV underpinnings.

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Li-ion Manufacturer Boston-Power Names Former GM Senior Executive Bob Purcell to Board; Expansion Into Transportation With a Focus on PHEVs and BEVs

Green Car Congress

announced that former GM executive Robert C. From 1994 to 2002, Purcell led the GM Advanced Technology Vehicles Group (GM ATV). In addition to his responsibilities at GM ATV, he also served as chairman of the GM-Ovonic Advanced Battery Joint Venture. Click to enlarge. Li-ion manufacturer Boston-Power, Inc.,

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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. jobs supported in the US economy for every job at GM.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobile manufacturers. The agreement was negotiated and signed by the Department’s Loan Programs Office. Energy Secretary Steven Chu.