Nikola taps former GM executive Thomas Okray as CFO
Nikola named former General Motors and Amazon executive Thomas Okray as its chief financial officer, the electric-truck maker said Monday. .....»»
Bankrupt Lordstown Motors to pay $26M to settle SEC probe of exaggerated demand claims
SEC: "In a highly competitive race to deliver the first mass-produced electric pickup truck to the U.S. market, Lordstown oversold true demand for the Endurance.".....»»
Tesla designer Peter Blades departs for air-mobility startup
Peter Blades has spent much of his career in the auto industry, working at Tesla, General Motors, Kia and Nissan. Now he's looking skyward......»»
Ohio-built hydrogen Honda CR-V to start shipping to Japan
Honda's CR-V e:FCEV will use a hydrogen fuel cell powertrain jointly developed with General Motors and be assembled in Ohio for delivery this year to Japan and California......»»
Lithia Motors closes on Pohlad"s 9-store, $900M Carousel group in Midwest
Lithia Motors Inc. has closed on a nine-store car auto retailer in Wisconsin and Minnesota, which Lithia estimates will bring in $900 million in annually. Lithia bought the group from the Pohlad Cos. conglomerate, whose portfolio also includes the Mi.....»»
EV startup Lucid Motors gets $6 million state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
Redesigned Buick Enclave spotted without wraps
Buick has not yet revealed the crossover, built at General Motors' Lansing Delta Township assembly plant in Michigan, but has shown teaser images......»»
EV startup Lucid Motors gets $6M state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
Silicon Valley EV startup plans $10M engineering center in Southeast Michigan
Electric vehicle startup Lucid Motors is planning to invest $10 million and create 250 jobs at a new engineering research and development center in metro Detroit......»»
GM’s Cruise prepares to resume robotaxi testing after suspension
General Motors Co.’s Cruise autonomous driving unit is nearing the resumption of robotaxi testing in the coming weeks, with Houston and Dallas emerging as potential locations, following the grounding of its fleet last year, according to people with.....»»
Lithia Motors downplays $50B 2025 revenue target, stresses earnings per share growth
Lithia Motors Inc. CEO Bryan DeBoer is downplaying his dealership group's goal to reach $50 billion in revenue by 2025 and is focused more on another benchmark......»»
Honda’s first US-market EV is here—the 2024 Prologue, driven
The Honda Prologue uses General Motors' Ultium platform. Enlarge / Honda definitely doesn't want you to think of the Prologue as a rebadged Chevy Blazer EV, and it has worked quite hard to make it feel like a Honda. (credit: Rob.....»»
Scout Motors SUV, pickup design won"t be trapped in the "70s, CEO Scott Keogh says
EV startup Scout Motors has fully embraced the heritage of International Harvester's vehicles. But that doesn't mean the upcoming designs will be overtly retro......»»
Scout Motors touts benefits of being a Volkswagen Group-backed startup
For EV brand Scout Motors, being a startup backed by Volkswagen Group has its perks, namely crucial resources such as supply chain and production......»»
Scout Motors, forging ahead as EV growth slows, breaks ground on S.C. plant
The groundbreaking of Scout Motors' $2 billion plant follows the fledgling automaker's decision to set up core R&D operations in Metro Detroit and a number of key hires......»»
Bollinger Motors picks LaFontaine Automotive as first commercial dealer
Bollinger Motors named LaFontaine Automotive Group its first authorized dealer as the EV company works to deliver an all-electric Class 4 commercial truck......»»
Lithia net income down 13%, revenue at record $7.7 billion in Q4
Lithia Motors Inc. Q4 2023 earnings: Car dealership group reached a record $7.7 billion in revenue but saw net income fall to $216 million......»»
GM Cruise nabs former Apple car exec for autonomous car safety chief role
A former Apple executive linked to the Apple Car has joined General Motors Cruise, becoming the chief of its self-driving taxi unit.Steve Kenner [Kodiak]Steve Kenner became the chief of safety at the GM autonomous vehicle unit on Monday, the company.....»»
Countries Are Building Giant ‘Sand Motors’ to Protect Their Coasts From Erosion
As sea levels rise, engineers are using massive Dutch-inspired sand sculptures to protect shorefront settlements......»»
Driverless vehicles covered five times more test miles in California in 2023
General Motors' Cruise unit and Google affiliate Waymo accounted for the bulk of the miles — 63 percent and 36 percent respectively — recorded without a safety driver, according to the state's department of motor vehicles......»»