In late 2017, the co-founder of General Motors Co.’s self-driving unit told investors the company was on the verge of putting 1 million miles a month on its autonomous test cars. That projection proved to be quite a stretch.
February 14, 2019Business, Technology, Autonomous
GM Cruise Falls Short of Self-Driving Test Miles Projection
Business, Technology, Equipment
Spotlight Shines on Pickup Trucks as Electric Vehicle Race Expands
Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and Amazon.com.
February 13, 2019Business
GM 4Q Earnings Easily Beat Analysts’ Estimates
General Motors Co. reported fourth-quarter earnings that blew away estimates and reiterated the upbeat profit forecast for 2019 it gave last month. The shares rose in U.S. early trading.
February 6, 2019Business, Technology
GM’s Diesel Pickups Pave Way to Electric Future
The vehicles that will secure the next decade for General Motors Co. aren’t covered in self-driving sensors or loaded with batteries. No, the future depends on hulking pickup trucks that often run on diesel and cost more than the average BMW.
February 5, 2019Business, Technology, Fuel
Tesla Loses Most Valuable Carmaker Crown as GM Catches Up
If the outlooks from the two auto companies are anything to go by, GM looks set to be winning the race for the year.
January 18, 2019Government, Business, Technology, Logistics, Autonomous
Trucking Braces for Fallout From GM Plant Closings
The decision by General Motors to cease production at five of its factories in the United States and Canada will have consequences for trucking companies that serve those plants.
November 29, 2018Government, Business, Technology, Autonomous, Editorial
Editorial: Trouble on the °®¶¹´«Ã½front for GM
The Nov. 26 announcement from General Motors Co. that it plans to shut down five factories and lay off thousands of workers sent shock waves through the government and business communities, and with good reason.
November 29, 2018Government, Business, TCA
Trump Threatens Punishment After GM Announces Layoffs, Plant Closures
WASHINGTON – President Donald Trump threatened Nov. 27 to end consumer subsidies for electric cars sold by General Motors in the wake of the company’s announcement of layoffs and plant closures in Michigan, Ohio and Maryland.
November 28, 2018Business
Detroit Pickup Truck Sales Drop as US Auto Demand Poised to Slow
General Motors Co. and Fiat Chrysler Automobiles NV reported hefty sales declines for the big trucks they’re overhauling this year, a troubling sign for a lucrative segment that’s held up well as the broader U.S. auto market shrinks.
March 1, 2018Business
GM Reports $2.1 Billion Third-Quarter Profit
General Motors Co. Wednesday reported a $2.1 billion third-quarter profit, as it prepares for a new initial public offering as soon as next week, Bloomberg reported.
November 10, 2010