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Seeing no road to profit, GM shutters Cruise

GM decides to cut its losses, will focus on partial automation for passenger cars. After spending more than $10 billion to try to develop an autonomous robotaxi, General Motors is.....»»

Category: topSource:  arstechnica15 hr. 56 min. ago

Stellantis to road test EV fleet with solid-state batteries

Stellantis NV plans to operate a test fleet of electric vehicles powered with solid-state batteries in two years’ time, taking a step toward potential commercialization of a technology that’s aimed at improving EV performance. The automaker wi.....»»

Category: topSource:  autonewsRelated NewsOct 23rd, 2024

Daily 5 report for Oct. 22: GM"s bullish forecast suggests it handled higher UAW labor costs

UAW President Shawn Fain can either tell GM "I told you so," or he can say "I should have asked for more.".....»»

Category: topSource:  autonewsRelated NewsOct 23rd, 2024

GM Financial net income down 11% in Q3

General Motors Financial saw net income fall by more than 10 percent year over year in Q3 2024 earnings as the GM captive finance company grew its financing income but spent more on interest......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

2025 VW ID Buzz: Heavy on the nostalgia, road; light on the range

The ID Buzz is more than a play for nostalgia. It helps VW expand into another, though, shrinking segment. VW expects the vehicle to draw buyers from minivans, crossovers and SUVs......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat; shares rise

GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion. Shares rose 7.7 percent in morning trading. .....»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

GM is closing cold weather development center in Canada

After 50 years of research and development, General Motors is closing its Cold Weather Development Centre in Kapuskasing, Ont., saying the work done at the facility has become “redundant.”.....»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat

GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

GM, Ford brace for investor scrutiny over Q3 pricing power, EV losses

GM is set to release its results for the July to September period on Oct. 22, while crosstown rival Ford will report on Oct. 28......»»

Category: topSource:  autonewsRelated NewsOct 21st, 2024

3 underrated Netflix movies you should watch this weekend (October 18-20)

Need some good films to watch on Netflix this weekend? Then stream these three underrated movies with Tom Cruise, Chris Hemsworth, Jeff Goldblum, and more......»»

Category: topSource:  digitaltrendsRelated NewsOct 19th, 2024

Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

How GM is using AI to catch quality problems

An automated tool runs software simulations around the clock to spot glitches before the code is integrated into a vehicle......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

When will I-40 reopen? The latest on Helene-related North Carolina road closures

When will I-40 reopen? The latest on Helene-related North Carolina road closures.....»»

Category: topSource:  theglobeandmailRelated NewsOct 18th, 2024

Daily 5 report for Oct. 17: GM clarifies "virtual by 2025" goal

A statement from General Motors said the automaker doesn't have plans to shift its entire development system to virtual at this point......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

GM Just Tested the Fastest Car Ever Built by a U.S. Automaker

GM Just Tested the Fastest Car Ever Built by a U.S. Automaker.....»»

Category: topSource:  pcmagRelated NewsOct 17th, 2024

Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows

Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

This cruise line had 3 ships ranked near the bottom of the CDC’s ‘vessel sanitation’ list

This cruise line had 3 ships ranked near the bottom of the CDC’s ‘vessel sanitation’ list.....»»

Category: gadgetSource:  yahooRelated NewsOct 17th, 2024

Kinder Morgan misses estimates, lowers annual profit forecast on weak prices

Kinder Morgan misses estimates, lowers annual profit forecast on weak prices.....»»

Category: gadgetSource:  yahooRelated NewsOct 17th, 2024

GM wheel supplier files for Chapter 11 bankruptcy amid pricing dispute

Accuride and its subsidiaries petitioned for voluntary Chapter 11 bankruptcy protection in Delaware and in Canada, aiming to shed debt and money-losing business......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

GM"s Mark Reuss drives Chevy Corvette ZR1 to top speed: 233 mph

Chevrolet said the upcoming Corvette ZR1 is both the fastest car and has the most powerful V-8 engine ever built by an automaker in the U.S......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

TSMC bullish on outlook as AI boom blows Q3 profit past forecasts

TSMC bullish on outlook as AI boom blows Q3 profit past forecasts.....»»

Category: topSource:  theglobeandmailRelated NewsOct 17th, 2024