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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. In its Q4 2023 and full-year 2023 financial results shared on Tuesday, GM said it lost just almost $2.7

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

General Motors is negotiating a U.S. ” 2024 GMC Sierra EV Denali Edition 1 Ford announced its joint-venture battery plant with CATL in February of last year, touting it a key to EV affordability. So even if Ford or GM controls manufacturing, Chinese intellectual property could make these deals a legal gray area.

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Buick dealers in rural areas move toward buyout instead of EV adoption

Teslarati

Buick dealers in rural areas are moving in favor of buyouts from General Motors instead of shifting toward EV adoption, dealerships said. While GM is set on selling only zero-emission vehicles by 2035, Global VP of Buick and GMC Duncan Aldred said some franchises might not want to move toward EVs.

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More bad buzz for Chevy Blazer EV: software glitches, doors that fly open

Baua Electric

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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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. previously announced The New GM will: Focus on four core brands in the US—Chevrolet, Cadillac, Buick and GMC—with fewer nameplates and a more competitive level of marketing support per brand. The Chevy Equinox and GMC Terrain, midsize crossovers with highway fuel economy of 32 mpg. Jacksonville, Fla.

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Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine

Cars That Think

liter V-8 generates 780 metric horsepower; another 220 hp comes from the plug-in hybrid’s electric motors. Ferrari As Ferrari’s first plug-in hybrid, the SF90 integrates a trio of electric motors. A third axial-flux motor is sandwiched between the mid-mounted engine and the dual-clutch transmission. The twin-turbocharged 4.0-liter

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