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GM Tries To Regain China Drive By Aiming At Super-Rich: Here's What It's All About
Thursday, September 8, 2022 - 2:09am | 488General Motors Company (NYSE: GM) is planning to woo the urban rich in China through a new direct sales platform that will curate its most elite products across multiple brands as the American automaker tries to regain momentum in the world's biggest car market. Reuters reported on...
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Goodyear Tire Ramping Up Presence In Electric Vehicle Space: What Investors Should Know
Sunday, September 4, 2022 - 3:46pm | 543One of the largest tire companies in the world is diving deeper into integration with electric vehicles. Here’s a look at the plans from The Goodyear Tire & Rubber Company (NASDAQ: GT) in the EV space. What Happened: Goodyear Tire announced the launch of the new Goodyear ElectricDrive...
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General Motors Making New EV In Mexico: Here's Elon Musk's Response
Tuesday, July 19, 2022 - 7:37pm | 759One of the largest American automotive companies announced a new electric vehicle launch on Tuesday. The catch is that the vehicle will be made in Mexico, something not ignored by a rival CEO. What Happened: General Motors Company (NYSE: GM) unveiled the Chevrolet Blazer EV on Tuesday with...
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General Motors Unveils Chevrolet Blazer EV: What Investors Need To Know
Tuesday, July 19, 2022 - 4:58pm | 533Legacy Detroit automaker General Motors Company (NYSE: GM) has unveiled its latest electric vehicle model that will help the company in a transition to a deeper focus on the EV sector. What Happened: Chevrolet, a General Motors band, unveiled the 2024 Blazer EV Tuesday. The company said...
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Chevrolet NFT That Included Physical Corvette Fails To Rev Up Bids At GM Auction
Tuesday, July 5, 2022 - 2:06pm | 561Many large companies enter the non-fungible token (NFT) sector with varying levels of success, hoping new collections serve as a way to engage fans and consumers, while also highlighting a new sector. General Motors Company (NYSE: GM) had a rough go at it with their first NFT auction. What Happened...
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General Motors Unveiling Blazer EV: Here's What Investors Should Know And The Vehicle's Premiere Date
Tuesday, June 14, 2022 - 12:04pm | 545One of the largest automotive companies in the world is set to unveil another highly anticipated electric vehicles later this year, a take on a classic well-known brand from the company. What Happened: Chevrolet, a brand owned by General Motors Company (NYSE: GM), will unveil its 2024 Chevrolet...
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Why Ford And GM Are Suspending Production At Two Michigan Plants Next Week
Thursday, March 31, 2022 - 10:09pm | 394Ford Motor Co (NYSE: F) and General Motors Co (NYSE: GM) are going to suspend production next week at a Michigan plant, Reuters reported on Thursday, citing the companies. What Happened: Ford will pause production at its Flat Rock Assembly Plant next week,...
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Here's The One State Where Tesla Doesn't Lead In EV Market Share
Wednesday, March 23, 2022 - 4:59pm | 450Tesla Inc (NASDAQ: TSLA) dominates the U.S. electric vehicle market: the automaker maintains a market share leadership position in 49 of the 50 states. Here’s a look at the missing piece for Tesla. What Happened: With increased competition in the electric vehicle space, Tesla has seen...
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Fangage's CEO On Celebrity Engagement, Inspiring New Generation Of Black Founders
Tuesday, February 8, 2022 - 12:18pm | 1274Just let it fly. That’s the advice Fangage CEO Josh Bryant suggests for young founders struggling with their proof of concept. “Does it work and will people care about it? If you can answer those questions, you’ll know if it’s a ride worth taking or if you need to get...
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North American Car Sales Show Signs Of Recovery In Q3
Friday, October 2, 2020 - 3:19pm | 634Third-quarter automobile sales declined 10% year-over-year in the United States. Here is a look at how some of the larger automotive companies performed. Ford: Ford Motor Company (NYSE: F) hit total U.S. sales of 551,796 in the third quarter. This was broken down as 311,751 trucks, 191,803...
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California To Stop Buying From Automakers That Backed Trump On Emissions
Wednesday, November 20, 2019 - 12:47pm | 70Image by Richard Songo from Pixabay
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20% Of Millennials Don't Think A Car Will Be Necessary In 20 Years
Saturday, September 2, 2017 - 10:33am | 325As electric cars, gigafactories, ride sharing and autonomous driving develop, the auto industry is on its way to some severe disruption. Millennial preferences and attitudes toward cars mean we will see a big shift in the industry in the decades to come. When Gene Munster of Loup Ventures sat down...
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GM Announces Launch Of 130 Autonomous Chevy Bolts In 3 Cities
Tuesday, June 13, 2017 - 11:03am | 473General Motors Company (NYSE: GM) has built 130 autonomous Chevrolet Bolt test vehicles in a factory setting and is deploying them in three American cities, CEO Mary Barra said Tuesday. The first commercial use of autonomous GM vehicles will be with ride-sharing services, Barra said. The autonomous...
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Automakers In Top Gear As November Sales Accelerate
Thursday, December 1, 2016 - 1:34pm | 532Automakers are truly in the fast lane, as is evident from the monthly sales results reported for November by companies within the space. Easy credit terms, heavy promotions, two extra selling days this year, benign gas prices and buoyant consumer confidence have all served to work in unison to...
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GM Says Auto Sales Down 5% Year-Over-Year, But Chevrolet Gaining Market Share
Thursday, September 1, 2016 - 11:31am | 427Investors of General Motors Company (NYSE: GM) seem to have preferred locking in profit after the company delivered a 5 percent drop in sales for August. The company claimed the sales number was in line with the industry trend. Earlier, Ford Motor Company (NYSE: F) reported a similar drop of 8.4...