Home Tags GM

Tag: GM

We pitted a $33,000 Ford Mustang against a $38,000 Chevy Camaro to see which entry-level iconic sports car we liked better — here’s the ve...

Both Ford and Chevy know that not everybody wants a massive V8 engine, which is what makes a muscle car a muscle car. So they offer less stonking versions of the 'Stang and the mullet-mobile, each with a turbocharged powerplant.

11 major car brands that have disappeared during the last 20 years

Multiple well-known car brands have became defunct over the past 20 years. They include cars under parent company umbrellas like Ford, GM, Chrysler, and Toyota. Business Insider has created a slideshow to walk your through these cars and their times.

GM’s $2 billion deal with a Japanese tech giant may give the automaker a big advantage in the race to develop self-driving cars

The deal has given GM equity value that it can use to attract new talent. Cruise has grown dramatically since GM bought it in 2016; what started as a 40-employee startup now has 800 people working it. GM President Dan Ammann said that another leg of significant growth is on the way.

Automakers are blasting Trump’s idea to impose tariffs on imported cars and trucks

Automakers including Toyota, GM, BMW, Hyundai, and Honda are warning President Donald Trump that auto tariffs could hurt their business, drive up costs for consumers, and lead to layoffs in the US.
The Tesla Model 3.

We drove a $57,500 Tesla Model 3 and a $43,000 Chevy Bolt to see which all-electric we liked better — here’s the verdict

The Tesla Model 3 and the Chevy Bolt are your two main choices if you're in the market for an all-electric vehicle with a range of at least 200 miles.
Mark Reuss at the reveal of the Cadillac XT5.

GM is realigning its top leadership to take Cadillac to the next level and to expand its Cruise self-driving business

Cadillac will now be overseen directly by product czar Mark Reuss, while Ammann focuses on Cruise commercialization in 2019 and an ongoing $2.25-billion investment in Cruise from Japan's SoftBank.
A Cruise Bolt.

GM could make Wall Street’s dreams come true with a spinoff of its Cruise self-driving unit

GM is reportedly thinking about spinning off its Cruise self-driving division. For several years, GM share values have frustrated investors who think that a company banking over $70 billion in profits since its own 2010 IPO should be worth more.
GM's new CFO, Dhivya Suryadevara.

GM becomes first major auto company in history to have a female CEO and a female CFO

GM's executive leadership is an impressive reversal from the pre-bankruptcy company — and quite different from almost every other automaker currently in business.

SoftBank will invest $2.25 billion in GM’s Cruise self-driving-car division

The SoftBank investment will involve two phases: a $900 million initial funding followed by a $1.35 billion round. Ultimately, SoftBack will take a nearly 20% equity share in Cruise, which has been operating as a stand-alone GM unit.
GM CEO Mary Barra.

The contrast between Tesla and the rest of the auto industry is terrifying

Tesla has lost billions while other automakers have raked in profits as auto sales have soared. Unless Tesla reverses this trend, it won't be able to weather a downturn when sales drop and profits vanish.