Tag: GM

Cadillac’s $1,800 a month car subscription service is shutting down — for now

General Motors is canceling its $1,800 a month Cadillac car subscription service and is shutting down by the end of the year, reports The Wall Street Journal. The Book by Cadillac service debuted early last year and follows a similar subscription model to Rent The Runway, which allows customers to drive different Cadillac models each… Continue reading Cadillac’s $1,800 a month car subscription service is shutting down — for now

Press Release No. 24/2018 – Vehicle registrations in October 2018

Date 02.11.2018 Flensburg, November 2, 2018. In October 2018, 252,682 Passenger cars (Cars) newly registered. That is -7.4 percent less than in the same month last year. The share of private registrations was 36.3 percent (-10.1%). In the first ten months of this year, a total of 2,926,046 new passenger cars registered a plus of… Continue reading Press Release No. 24/2018 – Vehicle registrations in October 2018

General Motors Is Building an eBike and Wants You to Name It

General Motors Is Building an eBike and Wants You to Name It Crowdsourcing campaign seeks awesome ideas from consumers around the globe 2018-11-02 Since committing to an all-electric future, General Motors is developing revolutionary, flexible electrification technologies that will enable our team to dream beyond the traditional vehicle and give our customers the freedom of… Continue reading General Motors Is Building an eBike and Wants You to Name It

GM halts two renovation projects as it looks to cut costs

FILE PHOTO: The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, Michigan October 26, 2015. REUTERS/Rebecca Cook/File Photo WASHINGTON (Reuters) – General Motors Co is halting work on two renovation projects at facilities in the Detroit area as it offers voluntary severance packages to 18,000 salaried workers in… Continue reading GM halts two renovation projects as it looks to cut costs

GM CEO expects Tesla to be around in the next 10 years

FILE PHOTO: General Motors Chairman and CEO Mary Barra speaks at GM’s press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – General Motors Co’s (GM.N) Chief Executive Officer Mary Barra said on Thursday she expects Tesla Inc (TSLA.O) to be around in the… Continue reading GM CEO expects Tesla to be around in the next 10 years

DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is creating high-definition maps to help these vehicles move around has quietly picked up a significant round of funding. DeepMap — a Palo Alto startup co-founded by James Wu and Mark Wheeler, who previously… Continue reading DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

Carpooling startup Scoop partners with Lyft

Lyft is partnering with carpooling service Scoop to supplement Scoop’s offering to its customers from companies like LinkedIn, Workday, Samsung T-Mobile and Symantec. With Scoop, trips are pre-scheduled, so you can select from one or more times you’d be willing to leave in the morning and afternoon, and have up until 9pm the night before for… Continue reading Carpooling startup Scoop partners with Lyft

GM looks to cut costs by offering buyouts to 18,000 employees

General Motors has offered voluntary buyouts to 18,000 salaried employees in North America who have at least 12 years of experience, as the automaker looks to cut costs all while investing in its electric and autonomous future. The company has described this as a proactive measure aimed at preparing for coming headwinds such as  slow… Continue reading GM looks to cut costs by offering buyouts to 18,000 employees

UPDATE 3-VW and Ford in talks on self-driving and electric vehicles -source

FRANKFURT/DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on… Continue reading UPDATE 3-VW and Ford in talks on self-driving and electric vehicles -source