Five months ago, as the coronavirus pandemic surged across the nation, the urgency to build more critical care ventilators swelled to meet a shortage of the life saving machines. So General Motors and Ventec Life Systems teamed up to produce ventilators. In just two weeks, the companies will deliver the full 30,000 ventilators they owe the U.S. government, helping to bring the… Continue reading GM is about to leave ventilator business: How it made 30,000 machines with Ventec
Category: Automotive
GM to appeal after judge denies effort to revive racketeering suit against Fiat Chrysler
A federal judge in Detroit has denied General Motors’ effort to revive its racketeering lawsuit against Fiat Chrysler Automobiles. U.S. District Court Judge Paul Borman issued an order Friday, saying the court did not err in its earlier actions and that GM’s “newly discovered evidence is too speculative to warrant reopening this case.” Borman said in his… Continue reading GM to appeal after judge denies effort to revive racketeering suit against Fiat Chrysler
Michigan Avenue may soon become the most advanced road in US
Michigan Avenue could become the most advanced road in the world, replete with sensors, Wi-Fi, a dedicated lane for autonomous vehicles and traffic lights that communicate with vehicles and each other, under a public-private development program announced in Detroit on Thursday. The goal is to make a 40-mile route from downtown Detroit to Ann Arbor… Continue reading Michigan Avenue may soon become the most advanced road in US
@GM: Baojun Launches RC-5 and RC-5W
Baojun Launches RC-5 and RC-5W 2020-08-11 SHANGHAI – Baojun has launched the RC-5 sedan and RC-5W wagon featuring a choice of a 1.5L naturally aspirated engine or a 1.5L turbocharged engine. Baojun’s trendy high-energy interstellar geometry design language, which combines aesthetic design with practical functions, and the brand’s diamond logo define the exteriors of both… Continue reading @GM: Baojun Launches RC-5 and RC-5W
Hertz CFO Jamere Jackson resigns
FILE PHOTO: The desk of car rental company Hertz is seen at Nice International airport during the coronavirus disease (COVID-19) outbreak in Nice, France, May 27, 2020. REUTERS/Eric Gaillard (Reuters) – Hertz Global Holdings Inc (HTZ.N) Chief Financial Officer Jamere Jackson has resigned from his post, the bankrupt car rental company said on Friday. Jackson… Continue reading Hertz CFO Jamere Jackson resigns
Judge refuses to revive GM racketeering suit vs. FCA
Detroit — New allegations that Fiat Chrysler Automobiles NV executives bribed United Auto Workers officials with tens of millions of dollars stashed in secret offshore bank accounts is “too speculative” and do not warrant reinstating a federal lawsuit, a judge said Friday. U.S. District Judge Paul Borman issued the order one week after General Motors Co. leveled… Continue reading Judge refuses to revive GM racketeering suit vs. FCA
UK bailout talks end for Jaguar Land Rover and Tata Steel
Parent does not qualify for Project Birch government aid, leaving carmaker and metals group to rely on private financing Go to Source
Porsche plans new plant for car bodies in Slovakia with up to 1,200 jobs: paper
A logo of Porsche is seen outside a Porsche car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman PRAGUE (Reuters) – Volkswagen’s Porsche (PSHG_p.DE) plans building a new plant to make car bodies in Slovakia, where it may create up to 1,200 jobs, Slovak newspaper Dennik N reported… Continue reading Porsche plans new plant for car bodies in Slovakia with up to 1,200 jobs: paper
Uber: Can Employees Really Work However They Want?
by Alison Stein, Economist at Uber On August 10, Uber CEO Dara Khosrowshahi wrote an op-ed in the New York Times, proposing that the U.S. employment system be updated to require gig platform companies like Uber to pay for new benefits and grant new protections to drivers. One of his key arguments was that today’s system forces… Continue reading Uber: Can Employees Really Work However They Want?
BMW and Daimler’s ride-hailing service Free Now says operations are profitable and it has beaten Uber to a 2-year license in London
Free Now, Uber’s big ride-hailing competitor in Europe, says its overall European operations are profitable in contrast to US rivals. Free Now also won a two-year license to operate in London in August. Uber meanwhile is scrabbling to appeal a 2019 decision to scrap its London license. Free Now is owned by two European car… Continue reading BMW and Daimler’s ride-hailing service Free Now says operations are profitable and it has beaten Uber to a 2-year license in London