The plan promoted by the former CEO had planned to give the group more influence on sales transactions. Now the conversion of the dealer network is probably suspended. Go to source
Tag: GM
GM’s New Battery Tech Could Be a Breakthrough for Affordable EVs
General Motors is bringing in potentially groundbreaking new battery tech that not only has 30 percent more energy density at the existing production cost for cells but also would circumvent China’s stranglehold on intellectual property for EV batteries. The company even claims this new type of battery pack could lower the cost of its electric… Continue reading GM’s New Battery Tech Could Be a Breakthrough for Affordable EVs
@Ford: Ford Names Kyle Crockett as Chief Accounting Officer
– Ford Names Kyle Crockett as Chief Accounting Officer DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company today announced the appointment of Kyle Crockett to the role of Chief Accounting Officer (CAO). In that role, he will have responsibility for all aspects of Ford’s accounting function and internal control over financial reporting. Crockett’s appointment will be effective the… Continue reading @Ford: Ford Names Kyle Crockett as Chief Accounting Officer
Charged: Tesla’s China-made EV sales down in April
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy space, as well as which stocks in these sectors that the best analysts on Wall Street are saying to buy and sell. From the hotly-debated high-flier Tesla (TSLA), Wall Street’s newest darling Rivian… Continue reading Charged: Tesla’s China-made EV sales down in April
Is NIO Inc. (NIO) The Best Small Cap EV Stock To Buy?
We recently compiled a list of the 12 Small Cap EV Stocks to Buy Now. In this article, we are going to take a look at where NIO Inc. (NYSE:NIO) stands against the other small-cap EV stocks. In 2024, electric vehicles (EVs) represented 8.1% of the 16 million vehicles sold in the United States, according… Continue reading Is NIO Inc. (NIO) The Best Small Cap EV Stock To Buy?
GM says new battery chemistry will enable 400-mile range EVs
The automaker is pairing up with LG to develop lithium manganese-rich prismatic cells for its future electric trucks and SUVs. The automaker is pairing up with LG to develop lithium manganese-rich prismatic cells for its future electric trucks and SUVs. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers… Continue reading GM says new battery chemistry will enable 400-mile range EVs
GM taps Aurora co-founder for new chief product officer role
General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line of gas-powered and electric vehicles, in a newly created job that will touch nearly every department at the U.S. automaker. The new VP of global product and chief product officer position will cover the entire… Continue reading GM taps Aurora co-founder for new chief product officer role
Tariffs Boost New Vehicle Prices in April
Since April 2023, as new-vehicle inventory recovered from the COVID-era shortage, new-vehicle prices have been mostly flat year over year. Graphic: Cox Automotive New-vehicle ATP increased in April to $48,699, a sharp 2.5% month-over-month bump, according to Kelley Blue Book report released May 12. April typically delivers a monthly increase of 1.1%. In the past… Continue reading Tariffs Boost New Vehicle Prices in April
Trump admin has taken the time to ‘understand’ US auto industry: GM CEO Mary Barra – Fox Business
Trump admin has taken the time to ‘understand’ US auto industry: GM CEO Mary Barra Fox Business Go to Source
GM CEO says Trump auto tariffs could cost company $5 billion – CNN
GM CEO says Trump auto tariffs could cost company $5 billion CNN Go to Source