WARREN, Mich., Oct. 6, 2021 /PRNewswire/ — Unlocking growth in EVs through the Ultium hardware platform and leadership in software and services through the Ultifi platform Planning to double annual revenues and expand EBIT-adjusted margins to 12 to 14 percent Leading the race to commercialize AVs Launching new businesses to add customers and diversify revenues Increasing… Continue reading @GM: GM Details Plan to Double its Revenue, Drive Even Higher Margins October 6, 2021
Author: GM PR Team
@GM: General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins October 6, 2021
General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins Two-day investor event will detail GM’s innovative approach to growth with transparent key financial metrics, featuring: GM’s dual platform strategy for hardware and software and how it will drive growth New business initiatives and technologies, including next-generation… Continue reading @GM: General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins October 6, 2021
@GM: GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios October 6, 2021
GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios Ultra Cruise will ultimately enable door-to-door hands-free driving on all public paved roads in the U.S. and Canada WARREN, Mich. – Today, General Motors unveiled Ultra Cruise, an all-new, advanced driver-assistance technology and significant next step in the company’s journey to… Continue reading @GM: GM Announces Ultra Cruise, Enabling True Hands-Free Driving Across 95 Percent of Driving Scenarios October 6, 2021
@GM: Software Innovator Aneel Bhusri Joins GM’s Board of Directors October 5, 2021
Co-founder, co-CEO and chairman of Workday is GM’s third new director this year DETROIT – General Motors Co. (NYSE: GM) announced today that transformational technology leader Aneel Bhusri, the co-founder, co-CEO and chairman of Workday, Inc., is joining its Board of Directors. GM now has 13 directors with the addition of Bhusri. The company’s 12… Continue reading @GM: Software Innovator Aneel Bhusri Joins GM’s Board of Directors October 5, 2021
@GM: GM Names Edward Kummer as Chief Digital Officer October 5, 2021
Former Nordstrom, Walt Disney executive is experienced in growing digital businesses and enhancing customer experiences DETROIT – General Motors today named Edward Kummer as chief digital officer, effective Oct. 16. Kummer will be responsible for building and delivering a holistic digital business guided by GM’s Growth Strategy, leading a newly formed Digital Business team, and accelerating… Continue reading @GM: GM Names Edward Kummer as Chief Digital Officer October 5, 2021
@GM: GM to Invest in Next-Generation Battery Facility That Will Lower EV Costs, Accelerate Speed to Market October 5, 2021
GM to Invest in Next-Generation Battery Facility That Will Lower EV Costs, Accelerate Speed to Market All-new facility builds on more than $5 billion already invested in batteries in the U.S., expands design capabilities of future battery chemistries and increases future EV range WARREN, Mich. – Today, General Motors announced the Wallace Battery Cell Innovation… Continue reading @GM: GM to Invest in Next-Generation Battery Facility That Will Lower EV Costs, Accelerate Speed to Market October 5, 2021
@GM: GM Reports Third-Quarter Sales
GM Reports Third-Quarter Sales Company gains retail market share in key segments 2021-10-01 DETROIT — General Motors Co. (NYSE: GM) dealers delivered 446,997 vehicles in the U.S. in the third quarter of 2021, down 218,195 units from a year ago as a result of semiconductor supply chain disruptions and historically low inventories. During the quarter,… Continue reading @GM: GM Reports Third-Quarter Sales
@GM: General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM’s Future Electric Vehicle Programs October 4…
General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM’s Future Electric Vehicle Programs Agreement marks GM’s initial shift to using silicon carbide for EV power electronics Provides secure, long-term, domestically sourced supply Silicon carbide enables longer range for electric vehicles DETROIT & DURHAM, N.C.–(BUSINESS WIRE)–Oct. 4, 2021– Today, General Motors (NYSE:… Continue reading @GM: General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM’s Future Electric Vehicle Programs October 4…
@GM: GM Canada Sales Down 23 Per Cent Due to Ongoing Semiconductor Shortage
GM Canada Sales Down 23 Per Cent Due to Ongoing Semiconductor Shortage 2021-10-01 OSHAWA, Ont. (October 1, 2021) — Chevrolet, Buick, GMC and Cadillac dealers delivered 48,657 vehicles in the third quarter, down 23 per cent from a year ago, as industry-wide supply chain disruptions limited dealer inventories. “These results reflect how the shortage of semiconductors continues to impact vehicle production and dealer inventory,” said Sandor Piszar, vice president, sales, service and marketing, GM Canada. “However, the bright spots for the… Continue reading @GM: GM Canada Sales Down 23 Per Cent Due to Ongoing Semiconductor Shortage
@GM: BrightDrop Completes Record-Setting Build of its First Electric Light Commercial Vehicle; Unveils New Vehicle and Inks Deal with Verizon
BrightDrop Completes Record-Setting Build of its First Electric Light Commercial Vehicle; Unveils New Vehicle and Inks Deal with Verizon 2021-09-28 BrightDrop’s EV600 becomes the fastest built vehicle, from concept to commercialization, in General Motors’ history BrightDrop expands its lineup of all-electric products with the release of the EV410, a medium-size electric light commercial vehicle, expanding… Continue reading @GM: BrightDrop Completes Record-Setting Build of its First Electric Light Commercial Vehicle; Unveils New Vehicle and Inks Deal with Verizon