GM Ventures is leading a $23 million investment round into on-demand car maintenance service Yoshi. Yoshi General Motors is leading a $23 million funding round for an on-demand car maintenance service called Yoshi. It’s the second time GM’s venture capital arm has invested in the Silicon Valley start-up since 2018. The Series B funding round… Continue reading GM leads $23 million investment in on-demand vehicle maintenance service Yoshi
Category: US Motoring Press
Cadillac Blackwing sedans to be GM’s first production cars with printed parts
3D printing applications have become commonplace in consumer products to include sneakers, jewelry and Ikea clothing hooks. Add Detroit auto manufacturing to the list. General Motors Co. has established a 3D printing center at its Warren Tech Center called the Additive Industrialization Center. With 24 3D printers, the 15,000-square-foot facility is the hub of GM’s acceleration of… Continue reading Cadillac Blackwing sedans to be GM’s first production cars with printed parts
GM invests $76 million in two plants to support production of pickups
General Motors is investing $76 million in two plants that make engines for the automaker’s full-sized pickups. GM will invest $70 million in its Tonawanda Engine Plant near Buffalo, New York, and an additional $6 million in the Parma Metal Center near Cleveland, Ohio. These investments support continued strong demand for the full-size Chevrolet Silverado and GMC Sierra pickups.… Continue reading GM invests $76 million in two plants to support production of pickups
GM’s new 3D printing shop in Warren will speed up production, cut costs
General Motors is increasing its use of 3D printing across more production vehicles with a new 3D printing shop at its Global Technical Center in Warren. The Additive Industrialization Center (AIC), which GM is just opening, will use 3D printing to make more production and car parts that will save the automaker money and speed up… Continue reading GM’s new 3D printing shop in Warren will speed up production, cut costs
Amazon’s Zoox unveils autonomous electric vehicle
An autonomous vehicle company acquired this year by Amazon has unveiled a four-person “robo-taxi,” a compact, multidirectional vehicle designed for dense, urban environments. The carriage-style interior of the vehicle produced by Zoox Inc. has two benches that face each other. There is no steering wheel. It measures just under 12 feet long, about a foot… Continue reading Amazon’s Zoox unveils autonomous electric vehicle
Ferrari CEO search may take months, cover non-car candidates
Ferrari NV may take months rather than weeks to name a new boss after Chief Executive Officer Louis Camilleri abruptly left the Italian supercar maker, according to people familiar with the matter. The company is taking a thorough and deliberate approach to resolve its second leadership crisis in as many years, the people said. Ferrari’s… Continue reading Ferrari CEO search may take months, cover non-car candidates
Tesla tells employees Model S and X production will shut down for 18 days
Kuka robots work on Tesla Model X in the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla informed employees in its Fremont, California, factory on Friday that its Model S and Model X electric vehicle production lines will close from December 24th to… Continue reading Tesla tells employees Model S and X production will shut down for 18 days
Tesla Third-Quarter Auto Sales Surge
When the coronavirus pandemic forced businesses to close this spring, the auto industry was hit particularly hard. North American auto plants that typically churn out more than a million cars a month produced fewer than 5,000 in April. While airlines and other industries continue to struggle, automakers are now enjoying a clear upswing. Last month,… Continue reading Tesla Third-Quarter Auto Sales Surge
VW’s battery bet reveals data showing tech could top Tesla
QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data show its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3. The performance data, which have yet to be road tested, suggest QuantumScape’s batteries… Continue reading VW’s battery bet reveals data showing tech could top Tesla
Ford adds new off-road ‘Tremor’ pickup to its profitable F-150 lineup
2021 Ford F-150 Tremor Ford Ford Motor is expanding its highly profitable truck lineup with a new off-road “Tremor” model for the F-150 pickup. The 2021 F-150 Tremor, announced Tuesday, features all-terrain equipment upgrades in addition to several new features of a redesigned version of the pickup, which is arriving nationwide to dealers across the… Continue reading Ford adds new off-road ‘Tremor’ pickup to its profitable F-150 lineup