$59B UAW retiree benefits trust hires ex-GM exec as CEO
The UAW Retiree Medical Benefits Trust has appointed a former General Motors Co. executive as its CEO. Jessica Gubing will take on the role June 4, heading up a trust launched in 2010 to protect retiree health benefits, which has grown to $58.6 billi.....»»
Stellantis troubles pile up amid criticism from dealers, UAW, shareholders
Sales and earnings are down as the company wages a global cost-cutting crusade that has included layoffs, buyouts and engineering hires in low-cost countries......»»
Genetic tweaks show potential for making oats more nutritious and increasing shelf life
A recent study from McGill University proposes a way to enhance the nutritional value of oats by increasing their content of oleic acid, a type of healthy fat known for its cardiovascular heart benefits and potential to lower diabetes......»»
How the "social cost of carbon" measurement can hide economic inequalities and mask climate suffering
The social cost of carbon (SCC) is an essential tool for climate decision-making around the world. SCC is essentially a large cost-benefit calculation that helps policymakers compare the benefits of reducing carbon dioxide (CO2) emissions to the soci.....»»
GM says simplifying gasoline vehicles has made them more profitable
Earnings from the Chevrolet Trax subcompact crossover have increased roughly 20 percentage points over the previous model, General Motors President Mark Reuss said......»»
GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time
In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»
Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says
GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»
Mazda hits hybrid high gear as CEO Masahiro Moro teases new electrified technologies
CEO Masahiro Moro says Mazda is developing a new full-hybrid drivetrain in-house as the company launches hybrid versions of its CX-80 crossover, the fourth product riding on the Japanese carmaker's large-vehicle platform......»»
Consumers have trust issues regarding how AI collects their data
Consumers worldwide are highly concerned about the information companies collect from them – especially when it’s used for AI, according to Cohesity. The majority of respondents (73% in the UK, 81% in the US and 82% in Australia) criticiz.....»»
How to watch Tesla’s robotaxi unveiling on Thursday
Tesla CEO Elon Musk is expected to take the wraps off a robotaxi during a special event on Thursday. Here's how to watch a live-stream of the event......»»
Stellantis in talks with Michigan"s governor to keep N.A. headquarters in suburban Detroit
Michigan Gov. Gretchen Whitmer said she has spoken “frequently” with Stellantis CEO Carlos Tavares as the company reassesses its footprint, and retaining its headquarters in Michigan is a “top priority” for her administration......»»
GM ditches failed Ultium battery branding as its EV sales soar
GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»
Stellantis CEO eyes management shake-up as pressure mounts
Stellantis Chief Executive Officer Carlos Tavares is planning a deep management reshuffle in response to the automaker’s disastrous profit warning, according to people familiar with the situation......»»
Solid-state batteries need proven benefits over lithium ion to become EV market player
As solid-state battery technology evolves, lithium ion batteries, which power the vast majority of EVs on the road, are also advancing......»»
North America can seize EV leadership from China, GM battery chief says
The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»
Volvo Deputy CEO Bjorn Annwall to leave amid management shake-up
Bjorn Annwall's departure comes after Volvo lowered its online sales goal and quit the car subscriptions business......»»
General Motors is ditching Ultium branding for its EV batteries
GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»
Tesla to unveil robotaxi after years of CEO Elon Musk"s unfulfilled promises
Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»
GM expects lower EV losses in 2025, will drop Ultium name
GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»
GM plans $145M battery cell plant in suburban Detroit
Construction is expected to start next month at GM's Global Technical Center campus in Warren, Mich. Cell production is expected to start in 2027......»»
GM drops Ultium name for EV platform
General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»