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Mary Barra Hopes GM Will Be Considered A Tech Company In The Near Future
Monday, October 29, 2018 - 12:52pm | 585CEO and chairman of General Motors Co. (NYSE: GM), Mary Barra spoke Monday morning to the attendees of the CityLab Conference in Detroit on the future of GM and the future of the auto industry. Rise Of Technology As technology greatly impacts the economy on a global scale, it comes as no...
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Can General Motors Poach Tesla Consumers With The Cadillac ELR? (GM, TSLA)
Monday, October 14, 2013 - 1:24pm | 678Hot on the heels of its 2015 Escalade debut, Cadillac continues to loudly beat the marketing drum; this time by announcing its entry into the luxury plug-in hybrid market with the Cadillac ELR. Sales will begin in January of what the company calls an “electrified luxury coupe.” The ELR is not...
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General Motors Slashes Chevy Volt Price By $5,000 To Boost Sales (GM)
Tuesday, August 6, 2013 - 1:55pm | 262General Motors (NYSE: GM) announced Tuesday that it would slash the price of its 2014 Chevrolet Volt by $5,000, in order to uplift forecasts for disappointing sales. According to Bloomberg, the Chevy Volt price cut will help it compete with its closest rivals, namely the Toyota(NYSE: TM) Prius...
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Nissan Brings More Electric Vehicle Component Production to U.S.
Wednesday, January 16, 2013 - 8:28pm | 624Editor's Note: Story previously said Ford (NYSE: F) did not offer an all-electric vehicle. Ford offers an all-electric version of its Focus, which has been available since the end of 2011. Nissan Motor Co. (OTC: NSANY) announced Tuesday, January 15 that it will diversify production in a plant that...
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Gas/Electric Hybrids Still Dominating Fully Electric Offerings
Thursday, August 23, 2012 - 3:05pm | 498Much excitement surrounded the release of Tesla's (NASDAQ: TSLA) Model S. The Model S is reported to begin selling at $49,900 before taxes, which by comparison to other vehicular options is decent given its electric engine. Yes, General Motors' (NYSE: GM) Chevrolet Volt (starting at $39,145...
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GM - Bob Lutz’s Abrupt Retirement is a Surprise
Wednesday, March 3, 2010 - 3:49pm | 261Just yesterday, GM Vice Chairman Bob Lutz, gave an interview with Bloomberg, and didn’t mention anything about retiring, when asked. So the media were surprised when GM abruptly announced his retirement today. Lutz looked fit and displayed his usual verbal virtuosity. He’s 78. During yesterday’s...