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A service for auto industry professionals · Friday, December 13, 2024 · 768,534,831 Articles · 3+ Million Readers
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General Motors News Monitoring

  • Published on Dec 12, 2024

    GM shutters Cruise robotaxi business and will restructure its operations toward personal autonomous vehicles

    General Motors shared details with investors Tuesday about its decision to merge Cruise with its overall refocused autonomous driving strategy. “This is the latest in a series of decisions that GM has announced which underscore our focus on having the …

    Source: Repairer Driven News - Michigan - Neutral
  • Published on Dec 12, 2024

    GM’s Barra Closes Out 10th Year With Big Challenges Ahead

    DETROIT – Mary Barra is closing out her 10th year as CEO of General Motors with several challenges looming: the bumpy transition to EVs; restructuring GM’s China operations; a history of conflict with incoming President Donal Trump; and a change of …

    Source: Wardsauto - Label Pending
  • Published on Dec 12, 2024

    GM’s Cruise Shutdown Will Cost Microsoft $800 Million

    In the wake of General Motors’ decision to halt Cruise’s robotaxi work, Microsoft has revealed that it will lose roughly $800 million as a result. GM surprised the industry when it announced it was halting funding of Cruise’s robotaxi efforts, with plans …

    Source: WebProNews - Label Pending
  • Published on Dec 6, 2024

    General Motors mulls major Renaissance Center demolition in Detroit

    anchor Image: Ritcheypro/Public Domain Multiple Detroit news outlets are reporting about the controversy swirling around a potential demolition of the city’s downtown Renaissance Center five-tower block as General Motors looks to secure public funds …

    Source: Archinect - California - Neutral
  • Published on Dec 8, 2024

    General Motors to become 11th F1 team in 2026

    Formula 1 (F1) revealed in a statement on Monday that it reached an agreement "in principle" with General Motors to include GM/Cadillac as the 11th team on the F1 grid in 2026, Azernews reports. Furthermore, Formula 1 praised General Motors …

    Source: AzerNews - Gov't Propaganda
  • Published on Dec 12, 2024

    GM Pulls Plug On EV RoboTaxis

    General Motors is pulling the plug on its funding of Cruise electric robotaxis, instead focusing fully on prioritizing development of advanced driver assistance systems on a path to fully autonomous personal vehicles.  The automaker will combine the …

    Source: MediaPost - Neutral
  • Published on Dec 12, 2024

    Today In Culture, Thursday, December 12, 2024: Northlight Theatre’s Groundbreaking | Gia Biagi Named IDOT Head | The ...

    Get Chicago & Midwest culture news sent to your inbox every weekday morning. Subscribe to Newcity Today here. ART Ancient Marbles Tour Chicago For First Time The first-ever North American tour of ancient Roman sculptures from the Torlonia Collection, …

    Source: Newcity - Illinois - Neutral
  • Published on Dec 12, 2024

    Here’s why Uber stock is crashing

    Hailed as one of the biggest success stories in tech, Uber (NYSE: UBER) has had an interesting year.  Uber stock experienced significant volatility in 2024 — at the beginning of the year, prices shot up from $57 to $81 in mid-February, before entering a …

    Source: Finbold - Label Pending
  • Published on Dec 12, 2024

    China lauches anti-trust probe into Nvidia, and Meta has a fumble

    China launches competitions probe into Nvidia   Chipmaker Nvidia is facing an antitrust investigation in China after authorities in Beijing launched a probe per anti-monopoly laws. This probe marks the latest development in the ongoing tech trade war …

    Source: Tech Informed - Neutral
  • Published on Dec 12, 2024

    Wayne Bradford Wheaton

    Wayne Bradford Wheaton age 76 of Branch passed away on Sunday, December 8, 2024 at his home. Wayne was born on December 12, 1947 in Ludington, the son of Gerald C. and Evelyn M. (Yovich) Wheaton, grew up in the Mason County area before the family moved to …

    Source: Ludington Daily News - Michigan - Label Pending
  • Published on Dec 12, 2024

    Texas Positions Itself as a Privacy Enforcement Leader

    Since the Texas Data Privacy and Security Act (TDPSA) took effect in July 2024, Texas has emerged as a leader in privacy enforcement. The Texas attorney general (AG) recently announced: “Any entity abusing or exploiting Texans’ sensitive data will be met …

    Source: Lexology - Neutral
  • Published on Dec 12, 2024

    BetComply strengthens leadership with Warren Jacobs appointment

    BetComply has added Warren Jacobs to its board as Non-Executive Director. Jacobs’ experience in scaling businesses is expected to improve the firm’s operational growth across regulated jurisdictions. By Gambling Insider Key points:  - Warren Jacobs joins …

    Source: Gambling Insider - Neutral
  • Published on Dec 12, 2024

    Five reasons why Cadillac x Ferrari makes so much sense

    Now that Cadillac’s Formula 1 endeavor has received provisional approval, the General Motors brand has wasted no time in securing its initial partnerships ahead of its 2026 debut, starting with its power unit manufacturer. This week, Cadillac F1 announced …

    Source: Planet F1 - Label Pending
  • Published on Dec 12, 2024

    Green Logistics Market Booming Worldwide with Latest Trend: $2.9 Trillion by 2032

    Growing adoption of electric vehicles (EVs) in the logistics industry. EVs are a cleaner & more efficient alternative to traditional combustion engine vehicles WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ …

    Distribution channels: Automotive Industry, Shipping, Storage & Logistics ...
  • Published on Dec 12, 2024

    Things to do in metro Detroit, Dec. 13 and beyond

    On sale 10 a.m. Dec. 12 • Eddie Griffin: Oct. 3, Sound Board at MotorCity Casino, Detroit, ticket prices vary. • Melissa Etheridge and Indigo Girls: Aug. 26, Michigan Lottery Amphitheatre, 14900 Metro Pkwy., Sterling Heights, ticket prices vary. On sale 10 …

    Source: The News Herald - Michigan - Neutral
  • Published on Dec 12, 2024

    Thousands of Chinese EVs Clog Up Brazil’s Ports in Slowdown

    (Bloomberg) -- Brazilian ports have been clogged this year with upwards of 70,000 unsold Chinese EVs, in a sign of how hard it’s becoming for China’s automakers to keep up their robust growth. Companies such as BYD Co. and Great Wall Motor Co. have global …

    Source: Mint - Neutral
  • Published on Dec 12, 2024

    Parker Named Chief Executive Officer of Hyundai and Genesis Motor North America

    This is a press release. Parker to lead North America for Hyundai and Genesis Parker will remain CEO of Hyundai Motor America Hyundai Motor America is on track to achieve a fourth consecutive year of retail sales growth under Parker Hyundai Motor Company …

    Source: The Georgia Virtue - Right-wing
  • Published on Dec 12, 2024

    Microsoft Expects $800 Million Impairment Charge Due To GM's Cruise Exit, Analyst Says It's A 'Step In The Right ...

    Microsoft Corp. MSFT has said that it will be recording an impairment charge of approximately $800 million in the second quarter of fiscal year 2025, according to an SEC filing. This follows General Motors GM exit from funding Cruise‘s robotaxi development …

    Source: Benzinga - Neutral
  • Published on Dec 12, 2024

    GM's Cruise exit underscores challenges of scaling robotaxis

    General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it. Autonomous …

    Source: Sowetan - Neutral

20 days 02:07:04

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