CNBC Transcript: General Motors CEO Mary Barra Speaks with CNBC’s Phil Lebeau Today – CNBC

WHEN: Today, Friday, January 11, 2019 WHERE: CNBC’s “Squawk on the Street“ The following is the unofficial transcript of a CNBC interview with General Motors CEO Mary Barra and CNBC’s Phil Lebeau on CNBC’s “Squawk on the Street” (M-F 9AM – 11AM) today, Friday, January 11th. The following is a link to video of the… Continue reading CNBC Transcript: General Motors CEO Mary Barra Speaks with CNBC’s Phil Lebeau Today – CNBC

Lime, Bird said to raise millions in new funding at far lower valuation

January 20, 2019 Two electric scooter startups, fresh off raising hundreds of millions of dollars last year, are now raising hundreds of millions more, according to multiple people familiar with the details. But the latest hard-fought deal terms for Lime and Bird Rides Inc. both peg the companies’ worth at far less than the lofty… Continue reading Lime, Bird said to raise millions in new funding at far lower valuation

Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up – Digital Trends

Boutique automaker Karma Automotive is teaming up with one of the greatest names in car design for its future luxury cars. During the Automotive News World Congress at the 2019 Detroit Auto Show, Karma CEO Lance Zhou announced a partnership with Pininfarina, the Italian design firm that has likely shaped more of history’s best-looking cars… Continue reading Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up – Digital Trends

Tesla layoffs, US-built VW electric car, an electrified Detroit: The Week in Reverse

Cadillac electric crossover SUV based on GM BEV3 modular platform
Which Chinese automaker showed an electric minivan in Detroit?

What upcoming SUV will underpin a new “elegant” electric from Lincoln?

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 18, 2019.

Last week, the CES show in Las Vegas was something of a disappointment for visitors looking for the latest in electric and self-driving car technology. The Detroit auto show, long a staple of big horsepower and heavy iron, provided the jolt for electric car fans that CES lacked, with several new-car introductions.

2020 Ford Explorer, 2019 Detroit auto show

Ford showed a hybrid version of its redesigned, top-selling Explorer for 2020. Following the show, the company revealed that it is working on an all-electric version of its top-selling F-Series pickup.

Cadillac gave a glimpse of its upcoming electric SUV for 2022 about which it revealed details in an investor conference last week.

GAC Entranze concept, 2019 Detroit auto show

Chinese automaker GAC revealed a new electric minivan concept that it says could be one of the first cars from a Chinese automaker to arrive in the U.S. in 2020.

Nissan revealed a new high-riding luxo-sedan concept, the IMs. It shares some details with last year's IMx concept, an electric crossover SUV expected to arrive in production form next year.

Infiniti QX Inspiration SUV concept, 2019 Detroit auto show

The company's luxury brand, Infiniti, also introduced a new electric concept, the QX Inspiration, that previews a new sporty crossover SUV due to arrive as part of the brand's electric transformation.

And Nissan discussed how it might position its new e-Power series hybrid system that's likely to also drive Infinitis in the U.S.

2019 Hyundai Kona Electric

In the North American car, truck, and SUV awards announced at the show the Hyundai Kona, including the Kona Electric, defeated the Jaguar I-Pace for the utility vehicle of the year award.

More automakers than usual made news at industry conferences immediately following the show, including Volkswagen, which announced that it will expand its factory in Tennessee to build electric cars for the U.S. and will partner with Ford to build light pickups and vans for overseas markets, in a deal that is expected eventually to encompass shared electric cars.

Volkswagen charging at VW Elli charging station

Separately, Volkswagen also announced that it will follow Tesla into the power business, with a new lineup of products and services. The effort is called Elli and it will sell electric-car chargers, manage renewable energy, and more, aimed at electric car customers.

Lincoln revealed that it will adapt a version of Ford's upcoming high-performance electric SUV into an “elegant” electric crossover vehicle.

Comments from General Motors President Mark Reuss suggested that the company is not planning any new hybrids to replace the Chevrolet Volt when it ends production in April, even though it is one of the best-selling plug-in cars in America.

2020 Hyundai Ioniq [2020 Euro-spec model]

Detroit also wasn't the only place where new cars were revealed this week. Hyundai showed a refreshed version of its Prius-fighting Ioniq lineup in Europe.

And we brought you a roundup of details about how Audi and Mercedes-Benz have smaller electric SUVs in the works to follow their upcoming mid-size offerings.

No week seems complete without news from Tesla, the EPA, or Faraday Future, either. Tesla announced it will lay off 7 percent of its workforce, about 3,200 people, even as it continues to try to build more Model 3s. The company also began selling a new portable charger that will deliver 40 amps at 240-volts.

NEVS 9-3 concept, 2017 CES Asia

After burying the hatchet with Faraday Future, the startup automaker's lead investor announced that it will invest in the Chinese company building electric conversions of the last Saab 9-3 in China.

Finally, as EPA Acting Administrator Andrew Wheeler headed to Capitol Hill in the midst of the government shutdown for confirmation hearings as the agency's permanent head, Colorado poked the bear with its announcement that it plans to join California in requiring automakers to sell electric cars there.

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UPDATE 1-GM warns workers in Brazil on losses, tough turnaround plan

SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading UPDATE 1-GM warns workers in Brazil on losses, tough turnaround plan

GM warns workers in Brazil on losses, tough turnaround plan

SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading GM warns workers in Brazil on losses, tough turnaround plan

Helping Raise Awareness to Prevent Human Trafficking

From day one, we have been committed to the safety of our riders and drivers, and we strive to have a positive impact on every community we serve. With January being National Slavery & Human Trafficking Prevention Month, we are working to help raise awareness and taking action to prevent human trafficking. Through partnerships with… Continue reading Helping Raise Awareness to Prevent Human Trafficking

GM CEO Mary Barra says ‘stay tuned’ about something to compete with Tesla Pickup truck

When asked about doing an electric pickup truck to compete with Tesla’s upcoming pickup, GM CEO Mary Barra gave a great non-answer that would make politicians proud, but she did tease us with a ‘stay tuned’. At the Wolfe Research Global Auto Industry Conference earlier this year, analysts asked if GM was planning an all-electric truck now… Continue reading GM CEO Mary Barra says ‘stay tuned’ about something to compete with Tesla Pickup truck

Mary Barra Says GM Has Never Replaced A Chevy Volt Or Bolt Battery Pack – InsideEVs

16 H BY WADE MALONE Mary Barra talks plant closures, autonomy and electric vehicles. On Wednesday, General Motors’ CEO Mary Barra sat down with KC Crane for an interview at the Automotive News World Congress in Detroit. GM had been taking a lot of heat in recent weeks over their decision to idle 4 U.S.… Continue reading Mary Barra Says GM Has Never Replaced A Chevy Volt Or Bolt Battery Pack – InsideEVs