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Waymo says it has doubled its weekly paid robotaxi trips to 100,000 since May

A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo is now providing more than 100,000 paid robotaxi rides per week in the U.S., according to a LinkedIn announcement by co-CEO Tekedra Mawakana. That’s double the 50,000 weekly paid trips the… Continue reading Waymo says it has doubled its weekly paid robotaxi trips to 100,000 since May

How EVs and gasoline cars compare on total cost — where you live can make a huge difference

David Paul Morris/Bloomberg via Getty Images Electric vehicles may save consumers money over the long term relative to traditional gasoline-powered cars. While EVs still tend to cost more upfront to purchase, recurring charges for fuel and maintenance are generally cheaper — adding up to a total lifetime cost that can be lower than that of… Continue reading How EVs and gasoline cars compare on total cost — where you live can make a huge difference

GMC expects to outsell its electric truck competitors as it launches new Sierra pickup

2024 GMC Sierra EV Denali Edition 1 Courtesy: GM MILFORD, Mich. — General Motors’ premium GMC brand wants to become the leader in all-electric truck sales for U.S. consumers as it launches its new electric Sierra pickup. The Sierra EV joins electric versions of the Hummer, including an SUV and pickup, in GMC’s electric “truck”… Continue reading GMC expects to outsell its electric truck competitors as it launches new Sierra pickup

CNBC Daily Open: Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you… Continue reading CNBC Daily Open: Wall Street extends winning run

CNBC Daily Open: Wall Street extends winning run

GM reveals GMC Yukon ‘AT4 Ultimate’ to expand reach, profits of high-end SUVs

2025 GMC Yukon AT4 Ultimate GMC DETROIT — General Motors is expanding its high-end GMC Yukon lineup to include a new “AT4 Ultimate” model as part of updates to the large SUV for the 2025 model year. The new model will slate in between the luxury “Denali” and “Denali Ultimate” models. The automaker declined to… Continue reading GM reveals GMC Yukon ‘AT4 Ultimate’ to expand reach, profits of high-end SUVs

Waymo is developing a roomier robotaxi with less-expensive tech

Waymo announced their sixth generation self-driving car. Alphabet-owned Waymo revealed details about its newest “generation 6” self-driving technology on Monday. Its new driverless tech, integrated into Geely Zeekr electric vehicles, should be able to handle a wider array of weather conditions without requiring as many costly cameras and sensors on board. The company invited CNBC… Continue reading Waymo is developing a roomier robotaxi with less-expensive tech

GM lays off more than 1,000 salaried software and services employees

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT — General Motors is laying off more than 1,000 salaried… Continue reading GM lays off more than 1,000 salaried software and services employees

UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. Rebecca Cook | Reuters DETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon, accusing the chief executive of price gouging consumers and failing to… Continue reading UAW president slams Stellantis CEO over job cuts, alleged price gouging

Cadillac reveals new ‘Opulent Velocity’ performance EV concept

Cadillac Opulent Velocity concept EV Cadillac DETROIT — General Motors on Friday revealed a new all-electric Cadillac concept car designed to preview how the automaker plans to keep its high-performance V-Series vehicles relevant for EVs. The vehicle is called “Opulent Velocity.” True to the name, Cadillac says it’s a balance of ultra-luxury and performance for… Continue reading Cadillac reveals new ‘Opulent Velocity’ performance EV concept