This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Mercedes G-wagon shows 20% range jump coming for EV batteries
Author: Detroit News Online
GM CFO: 5,000 salaried employees have signed up for buyout; no layoffs planned
About 5,000 people have signed up for General Motors Co.’s buyout offer, CFO Paul Jacobson said during a BofA Securities Inc. presentation Tuesday. The automaker announced a voluntary separation program for most of its U.S. salaried employees in early March. GM employs about 58,000 salaried workers in the United States. Eligible employees had to sign… Continue reading GM CFO: 5,000 salaried employees have signed up for buyout; no layoffs planned
Stellantis sales drop 9% in first quarter
U.S. sales of the maker of Chrysler, Dodge, Jeep and Ram vehicles dropped 9% in the first quarter year-over-year, as negative market conditions hit deliveries. Stellantis NV sold 368,327 vehicles in the first three months of the year compared to 405,221 a year ago. Only Chrysler and Dodge, the two brands promoting the final model… Continue reading Stellantis sales drop 9% in first quarter
Paris just voted to ban rental e-scooters. Other cities could be next
Paris – Residents here voted to ban e-scooters for hire, making the French capital the first major European city to U-turn on the two-wheelers. Many are seeing this as a litmus test for how the micromobility industry would fare in the face of government efforts around the world to restrict it. The results of Sunday’s… Continue reading Paris just voted to ban rental e-scooters. Other cities could be next
GM sales up 17.6% in Q1 as EVs hit new milestone
General Motors Co. reported a year-over-year 17.6% sales increase in the first quarter, despite rising interest rates, continued inflation and growing economic uncertainty. GM’s U.S. dealers sold 603,208 new vehicles in the first three months of 2023 compared to 512,846 a year ago, boosted by greater access to inventory. For the first time, it sold… Continue reading GM sales up 17.6% in Q1 as EVs hit new milestone
GM’s BrightDrop ships first 500 electric delivery vans out of Ontario plant
BrightDrop, the General Motors Co. startup focused on offering electric delivery options, has shipped the first 500 electric delivery vans out of CAMI Assembly in Ontario, Canada that opened three months ago, the company said Monday. BrightDrop’s 2023 Zevo 600 is sold out but the company hasn’t provided a volume breakdown of units per model year. BrightDrop… Continue reading GM’s BrightDrop ships first 500 electric delivery vans out of Ontario plant
Tesla sales rise 36% in first quarter, following price cuts
Tesla’s first-quarter vehicle sales rose 36% after the company cut prices twice in a bid to stimulate demand. The electric car, SUV and heavy truck maker said it delivered 422,875 vehicles worldwide from January to March, up from just over 310,000 a year ago. But the increase fell short of analyst estimates of 432,000 for… Continue reading Tesla sales rise 36% in first quarter, following price cuts
‘Under attack’: UAW leaders decry potential layoffs at Sterling Heights
Local United Auto Workers leaders representing employees at the Ram 1500 pickup assembly plant in Sterling Heights are decrying efforts by Stellantis NV that they say will cut and combine jobs and likely will result in layoffs. During an emergency meeting earlier this week, the plant’s management informed the UAW’s plant committee that it plans… Continue reading ‘Under attack’: UAW leaders decry potential layoffs at Sterling Heights
GM shifting away from Apple CarPlay, Android Auto as it changes infotainment strategy for future EVs
General Motors Co. on Friday said it’s moving away from using the phone projection systems of Apple CarPlay and Android Auto. Instead, the Detroit automaker plans to use infotainment systems developed with Google on future electric vehicles. The system will be integrated with applications such as Google Maps, Google Assistant, Audible, Spotify and others. The… Continue reading GM shifting away from Apple CarPlay, Android Auto as it changes infotainment strategy for future EVs
Price cuts driving surging demand for Tesla models, company shares
Tesla Inc. shares are set to mark their best-ever start to a year, buoyed by price cuts across the electric-vehicle maker’s lineup in a bid to boost sales. Investors will soon discover if all the enthusiasm was justified. The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing… Continue reading Price cuts driving surging demand for Tesla models, company shares