Lithia Motors outsells AutoNation in Q1
The nation's No. 2 retailer based on new-vehicle sales volume outsold fellow giant AutoNation in the first quarter of 2022......»»
Scout Motors names former VW executive Burkhard Huhnke as chief technical officer
Burkhard Huhnke held various roles in a 20 year span at Volkswagen Group. The hiring of a chief technical officer follows Scout's hiring of a chief production officer and chief design officer this year......»»
New leader of GM"s Cruise acknowledges "all-time low" amid safety review
General Motors’ Cruise autonomous vehicle unit has hit an “all time low,” said its new leader, while promising to restore trust with regulators and the public after the company pulled all of its vehicles from U.S. roads......»»
GM’s Cruise threatened with fines over allegedly misleading regulators
Cruise LLC, the self-driving vehicle unit majority owned by General Motors Co., could face a fine for allegedly misleading regulators about an incident on Oct. 2 in which one of its cars dragged a pedestrian, according to a ruling filed Dec. 1......»»
Texas" ZT Automotive eyes dealership count of 50, 60
ZT Automotive, which rebranded from ZT Motors, is eying to expand its dealership holdings by five-fold in the coming years largely through acquisitions......»»
Lithia, Ciocca, Gilchrist buy, sell dealerships in Q4 transactions
Three top dealership groups were involved in Q4 transactions, with five stores trading hands......»»
GM says EVs won"t be losing money for long
General Motors expects its EVs to bring in more money than they cost to build by late 2024 and have mid-single-digit EV margins in 2025, including the benefit of federal tax credits, CFO Paul Jacobson said......»»
GM to sharpen focus on EVs, Cruise execution
General Motors leaders said the company has not executed as planned this year on electric vehicle production and will cut its investment into its troubled Cruise robotaxi unit......»»
GM to sharpen its focus on EVs, Cruise execution
General Motors leaders said the company has not executed as planned this year on electric vehicle production and will cut its investment into its troubled Cruise robotaxi unit......»»
GM to cut funding for beleaguered driverless startup Cruise, report claims
General Motors will reportedly slash funding for robotaxi startup Cruise, which has suspended road tests of its vehicles after a number of troubling incidents......»»
Cruise scales back ambitions to single city; GM says Origin robotaxi won"t be produced in 2024
Neither prototypes nor production models will be built in 2024 of the Cruise Origin, the ground-up robotaxi designed and built by General Motors......»»
Chevy releases 2023 holiday ad, featuring an emotional story about a woman with Alzheimer’s
The General Motors brand continues familiar approach with spot that also includes a 1972 Suburban and a John Denver song......»»
New computer code for mechanics of tissues and cells in three dimensions
Biological materials are made of individual components, including tiny motors that convert fuel into motion. This creates patterns of movement, and the material shapes itself with coherent flows by constant consumption of energy. Such continuously dr.....»»
GM"s Cruise offers apology, will allow share sales
The outgoing CEO of Cruise, General Motors' robotaxi unit, on Saturday apologized for the company's situation following an accident that led to the pause of its self-driving vehicle operations while it conducts a safety review......»»
Kyle Vogt resigns from GM self-driving unit Cruise
Kyle Vogt's departure is the latest fallout from a safety crisis at the beleaguered self-driving subsidiary of General Motors......»»
GM"s Cruise suspends its employee equity program
Cruise, the robo-taxi unit of General Motors, suspended the program under which GM buys back employees' shares, following an accident that led to the pause of its self-driving vehicle operations......»»
Porous platinum matrix shows promise as a new actuator material
Actuators are common machine components that convert energy into movement, like the muscles in the human body, vibrators in mobile phones or electric motors. Ideal actuator materials need good electrochemical properties to repeatedly conduct electric.....»»
UAW ratifies all new Detroit 3 contracts
The Stellantis and Ford deals have received much broader support from workers than the UAW's contract with General Motors, which passed 55 percent to 45 percent......»»
Stellantis workers ratify UAW contract; Ford on brink of approval
The Stellantis and Ford deals have received much broader support from workers than the UAW's contract with General Motors, which passed 55 percent to 45 percent......»»
GM reorganizes BrightDrop EV unit, business head leaving
General Motors said on Thursday it was reorganizing its BrightDrop electric commercial vehicle unit to make it less independent and reduce costs, and that the unit's head, Travis Katz, would be leaving......»»
Buffett"s Berkshire dumps stake in General Motors as it builds cash
In a regulatory filing detailing its U.S.-listed stock holdings as of Sept. 30, Berkshire reported no holdings in GM after reporting a stake of $848 million in June......»»