Category: News Type

Wiesmann Is Back: Here’s What We Already Know About Their Upcoming Project Thunderball Supercar – HotCars

Although the company fumbled several years ago, Wiesmann is gearing up hard for a major comeback. They did not meet earlier deadlines set for them during “Project Gecko” the company continues to make moves to bring Wiesmann not only back but into the future of luxury car manufacturing. Related: 2022 BMW 240i Vs Toyota Supra… Continue reading Wiesmann Is Back: Here’s What We Already Know About Their Upcoming Project Thunderball Supercar – HotCars

Stellantis Sochaux: 5,200 vehicles not manufactured, semiconductors again disrupt production

Since the beginning of March, the factory in the Montbéliard region in the Doubs has been living at a disrupted production rate due to parts supply problems. Semiconductors are once again in the news. Since March 4, 13 work sessions have been canceled at the Sochaux plant, a deficit of around 5,200 unproduced vehicles. The… Continue reading Stellantis Sochaux: 5,200 vehicles not manufactured, semiconductors again disrupt production

@GM: GM Announces Additional Investment in Cruise March 18, 2022

DETROIT — Today, General Motors Co. (NYSE: GM) announced it is acquiring SoftBank Vision Fund 1’s equity ownership stake in Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the fund in 2018. Since GM acquired a majority ownership stake in 2016, Cruise… Continue reading @GM: GM Announces Additional Investment in Cruise March 18, 2022

@GM: Cadillac to Celebrate Major Milestone at Spring Hill, Tennessee, Assembly Plant

Cadillac to Celebrate Major Milestone at Spring Hill, Tennessee, Assembly Plant 2022-03-17 DETROIT – General Motors Co. (NYSE: GM) will share details about its commitment to Cadillac’s all-electric future in Tennessee on Monday, March 21, at approximately 11 a.m. CT. Participants will include GM President Mark Reuss, Cadillac Vice President Rory Harvey, Tennessee Gov. Bill… Continue reading @GM: Cadillac to Celebrate Major Milestone at Spring Hill, Tennessee, Assembly Plant

@GM: GM Honors Top Global Suppliers with 30th Annual Supplier of the Year Awards

GM Honors Top Global Suppliers with 30th Annual Supplier of the Year Awards 2022-03-17 DETROIT – General Motors celebrated its top global suppliers this week at its 30th annual Supplier of the Year awards ceremony held in Phoenix, Arizona. Recipients of the Supplier of the Year recognition included 134 suppliers representing 16 countries. Additionally, 31… Continue reading @GM: GM Honors Top Global Suppliers with 30th Annual Supplier of the Year Awards

Lucid Motors Will Produce Fewer Cars Than Expected

Lucid Motors, a fledgling maker of electric cars, on Monday significantly scaled back its production goals for the year, citing supply chain problems. The company disclosed the new targets as part of its 2021 earnings report and will most likely disappoint investors who had seen the company as a serious challenger to Tesla. Lucid shares… Continue reading Lucid Motors Will Produce Fewer Cars Than Expected