Tag: GM

May Mobility to launch robotaxis on Uber platform this year in Texas

Startup May Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as part of a multi-year partnership. The tie-up with Uber offers May Mobility a chance to grow beyond offering shuttles within campuses and planned communities, while Uber adds May Mobility to its growing… Continue reading May Mobility to launch robotaxis on Uber platform this year in Texas

Tesla is the only EV brand with negative perception, and it’s getting worse

Tesla is the only EV brand with a net negative brand perception, according to the Electric Vehicle Intelligence Report – and much of the negative shift has happened in the last 6 months. The Electric Vehicle Intelligence Report (EVIR) surveyed 8,000 US consumers to ask them questions about electric vehicle purchasing decisions, both asking about… Continue reading Tesla is the only EV brand with negative perception, and it’s getting worse

Automakers report significant April sales increases amid tariff fear-buying, but the good times may not last

The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Automakers such as Ford Motor, Hyundai Motor and Kia on Thursday reported significant year-over-year U.S. sales increases in April as consumers rushed to purchase new vehicles ahead of potential price hikes due to… Continue reading Automakers report significant April sales increases amid tariff fear-buying, but the good times may not last

GM lowers 2025 guidance, citing up to $5 billion in tariff exposure

watch now DETROIT — General Motors on Thursday lowered its 2025 financial guidance to include an expected $4 billion to $5 billion impact as a result of President Donald Trump‘s auto tariffs. The Detroit automaker said its new guidance includes adjusted earnings before interest and taxes of between $10 billion and $12.5 billion. That compares… Continue reading GM lowers 2025 guidance, citing up to $5 billion in tariff exposure

Auto giants ditch financial guidance as industry reels from Trump tariff chaos

New vehicles displayed for sale at a General Motors Co. Chevrolet dealership in Miami, Florida, US, on Saturday, April 5, 2025. Bloomberg | Bloomberg | Getty Images European auto giants reported a sharp drop in first-quarter profit, and many suspended or cut full-year financial guidance, partially attributing the industry pain to U.S. President Donald Trump‘s… Continue reading Auto giants ditch financial guidance as industry reels from Trump tariff chaos

McDonald’s and General Motors say Trump’s tariff war is harming business

Donald Trump serves up fries last year. McDonald’s says it is facing the ‘toughest of market conditions’. Photograph: Doug Mills/Reuters View image in fullscreen Donald Trump serves up fries last year. McDonald’s says it is facing the ‘toughest of market conditions’. Photograph: Doug Mills/Reuters McDonald’s and General Motors say Trump’s tariff war is harming business… Continue reading McDonald’s and General Motors say Trump’s tariff war is harming business

Lyft launches ‘Lyft Silver’ for older riders, with simpler app and more accessible vehicles

The ridehailing company is introducing a new feature for older riders that includes actual humans answering customer service calls. The ridehailing company is introducing a new feature for older riders that includes actual humans answering customer service calls. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and… Continue reading Lyft launches ‘Lyft Silver’ for older riders, with simpler app and more accessible vehicles

GM thanks Trump for the $5 billion tariff hit it expects to take

The nation’s largest automaker needs to walk a delicate line of placating the president while also assuring investors it can weather the storm ahead. The nation’s largest automaker needs to walk a delicate line of placating the president while also assuring investors it can weather the storm ahead. Andrew J. Hawkins is transportation editor with… Continue reading GM thanks Trump for the $5 billion tariff hit it expects to take

@FCA: Rechargery Report: Q2 is for multiplying

May 1, 2025 , Durham, NC –  We’ve been heads down chipping away at our 2025 roadmap, but we’re pressing pause for a moment to share the highlights in a Rechargery Report. Growing, multiplying, and opening roads…30,000 charging bays by the end of 2030 is a lofty goal we keep on permanent lock. That’s the talk,… Continue reading @FCA: Rechargery Report: Q2 is for multiplying