Republican senator proposes ban on automakers ‘double-dipping’ incentives

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GM reveals 2024 Chevy Silverado HD

Chevrolet’s 2024 Silverado HD is arriving next year with across-the-board upgrades to the powertrain, interior, and trailering technology. The General Motors Co. top-selling truck features a Duramax 6.6-liter turbo-diesel V-8 engine that has a GM-estimated 470 horsepower and 975 pound-feet of torque. The gas engine heavy-duty model has 401 horsepower and 464 pound-feet of torque.… Continue reading GM reveals 2024 Chevy Silverado HD

Porsche’s mega IPO likely to be priced at top end of range

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Insurers say California’s inaction threatens auto policies

Sacramento, Calif. – Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve any rate increases for more than two years, since the start of the coronavirus pandemic. The companies already are cutting back and say they can’t continue operating at a… Continue reading Insurers say California’s inaction threatens auto policies

Inside the energy fight dividing Congress as funding deadline looms

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GM tells white-collar employees to return to office 3 days a week

General Motors Co. white-collar employees will be expected to return to the office three days a week later this year, the company said Friday. A specific timeframe for when employees will begin work under the new system was not released. The move comes after GM last year introduced a “Work Appropriately” model that gave GM teams the… Continue reading GM tells white-collar employees to return to office 3 days a week

Biden’s climate bill has the U.S. battery industry revved up

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Family: Man killed in crash never got air bag recall notice

Fort Lauderdale, Fla. — When Florida Highway Patrol troopers arrived at a crash scene in the Panhandle this summer, they found a 23-year-old Navy officer dead at the wheel with neck wounds that initially looked like a possible shooting. A trooper later messaged the U.S. National Highway Traffic Safety Administration that injuries were from the… Continue reading Family: Man killed in crash never got air bag recall notice

Electric car tax credit needs ‘flexibility,’ Georgia Sen. Warnock says

Savannah, Ga. — U.S. Sen. Raphael Warnock urged the U.S. Treasury secretary Friday to use “maximum flexibility” in implementing a revised tax credit for Americans buying electric vehicles, a perk that Hyundai stands to lose as the automaker invests billions of dollars to open its first American EV plant in the Democratic senator’s home state… Continue reading Electric car tax credit needs ‘flexibility,’ Georgia Sen. Warnock says

General Motors invests $760 million for EV-related work at Toledo transmission plant

General Motors Co. is investing $760 million at its Toledo Propulsion Systems plant for the production of drive units that will be used for future battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC Hummer EVs, the company said Friday. The Ohio factory is the first of GM’s U.S. powertrain or… Continue reading General Motors invests $760 million for EV-related work at Toledo transmission plant