Workhorse Group, the electric truckmaker that General Motors confirmed last month it was in negotiations with the company’s founder to purchase its shuttered assembly plant in Lordstown, Ohio has received a much-needed cash infusion.
FutureCar Staff 2019-06-10 20:17 PT
General Motors Chief Executive Mary Barra on Wednesday defended the automaker’s plan to sell an assembly plant in Ohio, arguing the plan to sell the plant to electric vehicle startup Workhorse Group Inc was thoroughly vetted and has a chance of succeeding.
FutureCar Staff 2019-06-05 16:37 PT
For General Motors, pickup trucks and SUVs are a highly profitable segment and the company is working to ramp up production. The Detroit-based automaker said on Thursday it would invest $24 million to increase truck production at its assembly plant in Fort Wayne, Indiana. The plant builds the popular Chevrolet Silverado and GMC Sierra pickup models.
Eric Walz2019-05-30 14:10 PT
GM requested that U.S. regulators waive some automobile safety standards, including deploying autonomous vehicles without a steering wheel or pedals, to make it possible to deploy a ride-sharing fleet of driverless cars.
Eric Walz2019-05-22 17:03 PT
Following the footsteps of electric automaker Tesla, General Motors said on Monday that all of its future models will be able to receive over-the-air updates by 2023.
Eric Walz2019-05-20 12:12 PT
A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to expand the electric vehicle tax credit to another 400,000 vehicles per manufacturer, on top of the current cap of 200,000 vehicles. The move to expand the credit is intended to encourage the purchase of electric vehicles.
Eric Walz2019-04-10 13:23 PT
General Motors today announced is investing $300 million in its Orion Township, Michigan, assembly plant to produce a new electric vehicle. The announcement is part of GM’s new commitment to invest a total of $1.8 billion in its United States manufacturing operations
FutureCar Staff 2019-03-22 13:55 PT
San Francisco-based Cruise Automation, the startup working with General Motors to develop its self-driving technology, is expanding its presence to Southern California. The self-driving arm of GM is reportedly moving into a two-story building in Pasadena, California.
FutureCar Staff 2019-02-25 19:03 PT
Evergrande Health Industry Group, the Hong Kong-based real estate investment company which owned a majority stake in troubled electric vehicle startup Faraday Future, has purchased a majority stake in National Electric Vehicle Sweden (NEVS). NEVS is the company that purchased the assets of defunct Swedish automaker Saab in 2012.
FutureCar Staff 2019-01-16 17:12 PT
General Motors today announced the appointment of Mark Reuss as company president, effective immediately. Reuss is taking over from Dan Ammann, who left his role in November 2018 to become the president of Cruise, GM’s autonomous driving unit based in San Francisco.
FutureCar Staff 2019-01-03 12:52 PT
General Motors is fighting to retain a valuable $7,500 electric vehicle tax credit as the company deals with the political fallout triggered by its recently announced plan to shutter several U.S. assembly plants and cut thousands of jobs. The EV tax credit is designed to promote the adoption of electric vehicles.
Eric Walz2018-12-10 17:27 PT
As General Motors announces massive layoffs and the closure of several U.S. plants, Fiat Chrysler Automobiles (FCA) is looking to reopen a idle Detroit assembly plant to build the upcoming full-size Jeep Grand Cherokee SUV.
FutureCar Staff 2018-12-07 11:57 PT
The President of General Motors Dan Ammann, is taking the helm as CEO of Cruise Automation, a San Francisco-based self-driving car startup that GM bought for over $1 billion in 2016.
Eric Walz2018-11-29 12:31 PT
San Francisco-based self-driving car startup Cruise Automation is expanding its operations to Seattle. The company, which is owned by General Motors, has been working with the automaker on developing autonomous technology.
FutureCar Staff 2018-11-20 15:50 PT
General Motors was one of the first automakers to allow owners to rent their vehicles when they are not using them and now the automaker says it will open its Maven peer-to-peer car-sharing platform to non-GM models beginning next year.
Xiaoli Tian2018-11-12 17:15 PT
Automakers are continuing to form strategic partnerships with tech companies and rivals to accelerate the development of self-driving cars. The latest being Volkswagen, who is reported to be in talks with the Ford Motor Co to work together on electric and self-driving cars.
Eric Walz2018-11-09 11:53 PT
Automaker General Motors is looking at ways to cut costs amid tariffs and other pressures from the market and announced that its sent buyout offers to 18,000 salaried employees. The buyouts were sent to GM employees with over twelve years of service.
FutureCar Staff 2018-10-31 15:12 PT
General Motors is pushing for a National Zero Emissions Program (NZEV) to be adopted across all 50 states starting in 2021. On Friday, GM plans to file its proposed plan to the National Highway Traffic Safety Administration and the Environmental Protection Agency.
Eric Walz2018-10-26 11:51 PT
Under the partnership, Honda will make a $750 million equity investment in General Motors’ Cruise subsidiary and spend an additional $2 billion over the next 12 years to jointly develop self-driving technology.
Vineeth Joel Patel2018-10-03 16:00 PT
GM is investing $28 million in its Warren, Michigan battery lab as the company continues to improve its EV battery technology.
Eric Walz2018-09-07 11:28 PT
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FutureCar Staff Jul 11, 2019 5:42 PM PT
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Eric WalzJul 09, 2019 6:40 PM PT