Green Car Congress

OCTOBER 9, 2009

General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Credit Suisse is acting as exclusive financial advisor and Shearman & Sterling is acting as international legal counsel to Tengzhong on this transaction. Tengzhong is one of China’s major privately owned engineering companies.

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The Truth About Cars

APRIL 16, 2024

the company has initiated the termination of thousands of supplemental employees in Detroit, Toledo and Ohio, and is eliminating more positions in France, according to local unions. While Tavares’ plans to further streamline the company haven't been particularly popular, this has been the trend for many large automakers of late.

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Teslarati

JANUARY 30, 2024

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

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Teslarati

DECEMBER 14, 2023

General Motors’ self-driving unit Cruise has severed ties with nine leaders. The terminations, which were announced internally by new Cruise President Craig Glidden, come amid ongoing investigations into an October crash involving a Cruise robotaxi and the company’s alleged misrepresentations to regulators.

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Baua Electric

JANUARY 19, 2024

Hyundai Motor India Ltd. HMIL) has completed the acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The Company has committed to invest Rs 6,000 crore in Maharashtra. Un Soo Kim, MD and CEO, Hyundai Motor India Ltd. in Davos on January 18.

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Teslarati

NOVEMBER 25, 2023

Cruise says it won’t produce any of its Origin self-driving vans in the near future, alongside an announcement that the company is substantially scaling back its operations going forward. However, the company didn’t say which city it would select nor did it say when operations would resume.

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Teslarati

FEBRUARY 17, 2024

General Motors (GM) self-driving unit Cruise faces yet another executive departure, which is the latest in a series of resignations and staff cuts after one of the company’s driverless vehicles hit a pedestrian last year. Make smart careeer choices moving forward,” he added. What are your thoughts?

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The Truth About Cars

NOVEMBER 6, 2023

While robotaxi services had started developing a bad reputation in the months leading up to the suspension, Cruise (owned by General Motors) only saw government action taken against it following a high-profile incident where one of its vehicles struck a pedestrian. Image: General Motors] Become a& TTAC insider.

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Baua Electric

APRIL 1, 2024

General Motors is negotiating a U.S. So even if Ford or GM controls manufacturing, Chinese intellectual property could make these deals a legal gray area. companies abandoned it for lack of a near-term payback, while it’s been refined over the past two decades by several Chinese companies.

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Teslarati

JANUARY 7, 2024

After a Cruise self-driving vehicle hit and dragged a pedestrian in October, the General Motors (GM) subsidiary has offered to pay $75,000 to help resolve an ongoing investigation from California regulators.

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Teslarati

JANUARY 13, 2024

Driverless ride-hailing is rapidly increasing in San Francisco, California, and recent data shows that it has continued to grow even after an incident involving a passenger with General Motors (GM) subsidiary Cruise. You can see the Waymo and Cruise data as compiled by San Francisco Chronicle’s Sriharsha Devulapallo below.

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Teslarati

NOVEMBER 6, 2023

The company plans to make self-driving buses and taxis by 2025, and Bridgestone has also joined Toyota in investing in the company, along with several others. The company says it has already been testing the self-driving tech in 12 cities, primarily in North America, and that it has been used over 350,000 times thus far.

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Green Car Congress

JULY 22, 2014

Effective 1 July 2014, the newly-established Opel Group assumed full responsibility for General Motors’ business in Europe. Through this new entity, the company aggregates the responsibilities for Opel/Vauxhall as well as all other operations of GM in Europe—including Russia.

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Teslarati

DECEMBER 22, 2022

Buick dealers in rural areas are moving in favor of buyouts from General Motors instead of shifting toward EV adoption, dealerships said. “I know GM is being very generous and very fair and it could be good for everyone,” he said in the report. In September , GM said it would offer Buick dealerships in the U.S.

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The Truth About Cars

JULY 13, 2023

Updated rules would presumably allow automakers to field more self-driving test vehicles on public roads than we’ve seen thus far in exchange for those companies sharing the data those cars collect with the government. The advent of AV STEP could be a big help to General Motors, in particular.

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The Truth About Cars

AUGUST 14, 2023

According to the Los Angeles Times , nearly a dozen driverless vehicles operated by General Motors’ Cruise stopped late Friday night on Vallejo Street in the North Beach bar and restaurant district. It’s unethical and immoral but legal,” he continued. Gavin Newsom.

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Teslarati

FEBRUARY 6, 2024

A California judge has forced General Motors’ (GM) self-driving unit Cruise to increase its settlement offer to the maximum amount, after one of the company’s robotaxis pinned and seriously injured a pedestrian in October. “We immediately revise our offer to the amount requested.”

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Teslarati

MARCH 2, 2023

Long-time competitor General Motors operates both the aforementioned Cruise taxi service and its own proprietary software, Super Cruise. Simultaneously, another upmarket competitor, Mercedes-Benz, has become the first company to operate level 3 autonomous vehicles in the States, backed by a promise of legal liability.

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Ford Taxi General Motors Legal 76

Baua Electric

JANUARY 3, 2024

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving. So the company has definitely seen better days.

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Baua Electric

JANUARY 6, 2024

General Motors’ Cruise robotaxi unit offered on Friday to pay USD 75,000 to resolve an investigation by California regulators into its failure to disclose details of a pedestrian crash involving a self-driving car. ” The robotaxi company pulled all its U.S.

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The Truth About Cars

JUNE 27, 2023

Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. But it’s not bad news for everybody. The filing with the U.S.

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The Truth About Cars

JANUARY 19, 2024

As we learned in our last installment , the Cadillac lineup was revised visually for 1957, and would be revised again in 1958 once quad headlamps became legal. The company was sued over the safety of the X-frame in 1961, in Evans v. General Motors Corporation. GM didn’t win the case, but they didn’t really lose either.&

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Cadillac Parts GM Legal 83

Teslarati

NOVEMBER 9, 2021

Morgan currently stand as Rivian’s underwriters for the company’s debut. Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 Rivian Automotive Inc. Credit: Rivian).

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Aston Martin Legal Financing SUV 120

Teslarati

OCTOBER 14, 2021

The NHTSA is currently probing Tesla’s Autopilot, as well as comparable driver-assist systems from other automakers such as BMW, Honda, Hyundai, Toyota, Ford, Nissan, Setllantis, Kia, Volkswagen, General Motors, Mercedes-Benz, and Subaru.

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Tesla General Motors Legal Motor 103

Teslarati

FEBRUARY 22, 2023

Tesla and other companies selling vehicles directly to consumers are under threat in Florida, where two bills may disrupt how the automakers sell their vehicles. Now, Tesla is again facing threats from legislatures as two new bills could derail the company’s sales system in Florida. ” However, this could change.

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The Truth About Cars

OCTOBER 25, 2023

The California Department of Motor Vehicles (DMV) has suspended Cruise’s permit to operate driverless vehicles, citing public safety concerns. This represents a major victory for the Alphabet-owned Waymo, as it’s now the only company within the state that’s legally allowed to offer robotaxi services.

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California San Francisco Vehicles Arizona 82

Green Car Congress

OCTOBER 27, 2017

Betsy Price, Mayor of Fort Worth, Texas; Gil Quiniones, President & CEO, New York Power Authority; Rhea Suh, President, Natural Resources Defense Council; Dan Turton, Vice President, North America Public Policy, General Motors; Greg White, Executive Director, National Association of Regulatory Utility Commissioners; and.

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Green Car Congress

AUGUST 18, 2009

General Motors Co. Saab Automobile plans to exit legal reorganization shortly. Saab is about to launch several new cars, developed with General Motors, that are in the final stages of development. The deal is expected to conclude in the next months.

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Green Car Congress

FEBRUARY 17, 2012

Founded in 1992, USCAR is the collaborative automotive technology company for Chrysler Group LLC, Ford Motor Company and General Motors. The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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Green Car Congress

MARCH 25, 2010

San Diego, Ca-based V-Vehicle Company (VVC) ( earlier post ) has been informed that the Program Office of the US Department of Energy (DOE) will not recommend approval of VVC’s two loan applications for $321.1 million from the Advanced Technology Vehicle Manufacturing Loan Program (ATVMLP). The second was for $241.2

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Green Car Congress

JUNE 2, 2009

Ltd (Tengzhong) and General Motors Corp. Based in the Chinese province of Sichuan, Tengzhong is a privately-owned company and a leading domestic manufacturer of road, construction and energy industry equipment. Sichuan Tengzhong Heavy Industrial Machinery Co., Earlier post.). Citi is acting as financial advisor to GM.

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Hummer GM Purchase Dealers 207

The Truth About Cars

DECEMBER 13, 2023

General Motors announced its intention to drop Apple CarPlay and Android Auto on its upcoming EVs earlier this year. Now we have a new piece out in Motor Trend in which the company explains in so many words that the decision is all about driver safety. Instead, the automaker is pretending a money move is about safety.

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Green Car Congress

SEPTEMBER 26, 2016

Among the real-world findings per car brand: Fiat and Suzuki diesel cars on average exceed the NO x limit by 15 times; Renault-Nissan vehicles by more than 14 times; General Motors’ brands Opel/Vauxhall by 10 times; and. The carmakers’ ranking was built with on-road performance figures mostly measured in real world driving.

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Green Car Congress

JUNE 1, 2009

General Motors Corp. Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM. court filings or court-supervised process, and these filings have no direct legal impact on GM’s plans and operations outside the US.

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Plug In Partners

AUGUST 1, 2008

July 22, 2008; The Electric Power Research Institute (EPRI) announced today a research and development collaboration with General Motors and 34 top utilities to facilitate integration of plug-in hybrid electric vehicles ( PHEVs ) into the grid, a key step in providing the nation’s drivers an alternative to petroleum fuels.

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2008 Plug-in Plug EPRI 100

Revenge of the Electric Car

JANUARY 27, 2009

This new company, Bright Automotive , is founded by ex-GM EV1 people, and the super efficient Rocky Mountain Institute to make plug-in hybrids in Indiana. Bright Automotive says it soon release an electric car with a 100 mile per gallon plus plug-in – and the company says it will keep the car economically priced. by: Michael Kanellos.

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Green Car Congress

MARCH 14, 2009

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers. The Role of Banks.

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