The Truth About Cars
MAY 17, 2024
Yet GM seems content to let Honda, Toyota (which has a new Camry launching), and Hyundai/Kia compete for sedan buyers. And to be fair to GM, you can still get a Cadillac in sedan form. Maybe GM has internal data that suggests Chevy will be just fine without the Malibu. I admit my anger is at more than just Chevy/GM here.
Baua Electric
MARCH 18, 2024
The EV press has covered GM’s problems with its new Ultium vehicles in great detail, so now that the company has its new Chevrolet Blazer EV back on the market, it’s only fair that we report on how the company overcame the software issues that forced it to pause sales.
Green Car Congress
APRIL 26, 2021
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035.
Green Car Congress
JULY 25, 2011
(ECD), a global manufacturer of thin-film flexible solar laminate products and systems for the building-integrated and commercial rooftop markets, has initiated a process to divest its Ovonic Battery Company (OBC) subsidiary.
Green Car Congress
OCTOBER 9, 2009
Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Under the agreement, HUMMER would contract vehicle manufacturing, key components and business services from GM during a defined transitional time period. Citi is acting as financial advisor to GM.
The Truth About Cars
DECEMBER 20, 2023
Sacrificing much, GM spent billions and billions of 1980s dollars on technology and engineering entities at the behest of CEO Roger Smith, who wanted to transform The General into a company more resembling a conglomerate like GE. Notably, the Avis partnership was not directly with GM this time but negotiated through Zexel.
Green Car Congress
FEBRUARY 20, 2009
Reorganization will give us the time and means that help get these products to market while minimizing the liquidity impact of Saab on GM. Funding for the restructured company will need to be secured during the reorganization process and will be sought from both public and private sources. Earlier post.)
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