Self-driving cars just got meaningfully closer to reality. How much closer? I touched the steering wheel of a 2021 Cadillac Escalade just three times in 280 miles from when I entered I-96 in Detroit to exiting I-94 in Hammond, Indiana. I touched the wheel four times driving the same route home; the fourth was to… Continue reading I just tested Cadillac’s hands-free Super Cruise on a 500+ mile trip. Here’s how it went.
Category: US Motoring Press
GM to idle 3 plants until March for deepening microchip shortage
Detroit — General Motors Co. said the three plants it shut down this week because of a deepening microchip shortage hammering the global auto industry will remain closed through at least mid-March. GM has halted production at the Fairfax, Kansas, plant where the Cadillac XT4 and the Chevrolet Malibu are built, the CAMI plant in Ontario where… Continue reading GM to idle 3 plants until March for deepening microchip shortage
Automakers’ fragile recovery threatened by shortage of tiny part
Experts warn that the supply shortage eventually could drag down an already-faltering U.S. economy Go to Source
Tesla’s Bitcoin-equals-cash view isn’t shared by crypto owners
Observers outside the world of Bitcoin take the view that Bitcoin remains a speculative asset that an odd shop or two takes in lieu of cash Go to Source
EV company with almost no revenue posts 3,000% gain in 8 months
There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America. It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.… Continue reading EV company with almost no revenue posts 3,000% gain in 8 months
GM’s shares hit record high. Here’s what’s driving investors
GM has shown resilience in the pandemic, answering a fundamental question that has dogged the automaker since emerging from bankruptcy in 2009 Go to Source
Bruce Springsteen was ‘all in’ on Super Bowl ad with healing message
Bruce Springsteen isn’t known for doing commercials, but for this year’s Super Bowl, the rock legend made an exception, with a spot for Jeep about common ground, connection and crossing the divide between red and blue. A month after a mob, driven by debunked election claims, stormed the U.S. Capitol, Springsteen wants us to find “the middle.” “It’s no secret the middle has been… Continue reading Bruce Springsteen was ‘all in’ on Super Bowl ad with healing message
How an almost-canceled GM ad made it to the Super Bowl
Leo Burnett Detroit’s idea for a Cadillac spot was dead, then revived. It became a race to get a movie star and the spot done by tonight. Here’s how. Go to Source
Online car seller Vroom promises torture-free car buying in first Super Bowl ad
Used car retailer Vroom purchases and sells vehicles online without requiring consumers to go into a physical dealership. Screenshot Online used car retailer Vroom is buying its first Super Bowl airtime Sunday to introduce the company to the roughly 100 million fans that watch the game every year — and to make fun of its… Continue reading Online car seller Vroom promises torture-free car buying in first Super Bowl ad
Fuel-cell truck startup Hyzon agrees to merge with decarbonization plus SPAC
Hyzon Motors Inc., a fuel cell truck startup, has agreed to go public via a merger with Decarbonization Plus Acquisition Corp., according to people with knowledge of the matter. The special purpose acquisition company has held discussions about raising new equity to support the transaction that values the combined entity at more than $2 billion,… Continue reading Fuel-cell truck startup Hyzon agrees to merge with decarbonization plus SPAC