GM
Honda Will Invest $2.75B in GM’s Cruise Autonomous-Vehicle Unit
Honda announced that it will be investing $2.75 billion in GM Cruise, GM's self-driving car unit. This investment represents a 5.7% stake in the unit. The company will immediately...
GM and Lyft Will Partner to Test Self-Driving Taxis
Back in January, GM announced that it had invested $500 million in ride-sharing provider Lyft (you know, the "generic Uber") to expedite the rollout of personal mobility services....
GM and Ford Should Exit Europe
Want to see GM's stock price recover to something closer to the IPO price or - gasp - closer to the price at which Treasury would actually break even on its bailout of GM?...
Ford Shows How Expensive It Is To Close a Plant In Europe
Popular wisdom in the car business is that it's impossible to close underutilized assembly plants in Europe. Dozens of plants were closed in the U.S. over the past 10 years, and...
GM Will Continue Selling W-Body Impala For Fleet Buyers
Last week, we engaged in some speculation about the future of GM's Oshawa, Ontario assembly plant, noting that the only two confirmed products the plant produces are 1) not...
GM’s Akerson Pontificates on EVs, Future GM Vehicles
General Motors CEO Dan Akerson told attendees at the IHS CeraWeek conference in Houston this week that he is confident that his company is on track to meet aggressive fuel-economy...
GM To Include 4G LTE Connectivity In 2014 Model-Year Vehicles
If you're worried about in-car distractions getting worse and not better, you're not going to like this news. GM announced today that in a partnership between OnStar and...
Does the 2014 Corvette “Stingray” Foretell Additional...
While attending the launch event for the 2014 Corvette Stingray last month, I was struck by a thought that just wouldn't leave my head. Were GM executives being honest when they...
U.S. Treasury To Sell Remaining GM Stake
It might finally be time to say goodbye to Government Motors, because General Motors is buying back $5.5 billion of the common stock that the U.S. Treasury currently owns. GM...
GM Has a Truck Inventory Problem
The autoblogosphere is all atwitter today about GM's truck inventory levels. They're ridiculously high, and the problem has gotten worse since last month rather than better....