DETROIT, July 28, 2022 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion. These notes include $1.0 billion of 5.40 percent notes due in 2029 and $1.25 billion of 5.60 percent notes due in 2032. The offering is… Continue reading General Motors Prices $2.25 Billion of Senior Unsecured Notes
Tag: Electric vehicles
GM seeks Green Bond loan to fund past and future zero emission projects
General Motors said Thursday it has launched an offering of senior unsecured fixed rate notes and it will use money from the sale of the notes to “finance or refinance” green projects such as electric vehicles. Basically, that means GM will be taking out a loan to pay off debt it already owes on any projects in its Sustainable… Continue reading GM seeks Green Bond loan to fund past and future zero emission projects
2023 Chevy Colorado ditches V6 and long bed, adds Google and tailgate storage compartment
Chevrolet revealed a new version of its Colorado midsize pickup with a slimmed-down model line Thursday. The 2023 Colorado is expected to go on sale in the first half of 2023. Development prioritized features owners wanted, and added new ones like the ability to receive over-the-air updates, chief engineer Nick Katcherian said. The Colorado’s wheelbase… Continue reading 2023 Chevy Colorado ditches V6 and long bed, adds Google and tailgate storage compartment
@GM: General Motors Prices $2.25 Billion of Senior Unsecured Notes July 28, 2022
DETROIT – General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion. These notes include $1.0 billion of 5.40 percent notes due in 2029 and $1.25 billion of 5.60 percent notes due in 2032. The offering is expected to settle on… Continue reading @GM: General Motors Prices $2.25 Billion of Senior Unsecured Notes July 28, 2022
@GM: General Motors Offers Senior Unsecured Notes July 28, 2022
DETROIT, July 28, 2022 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes to finance or refinance, in whole or in part, eligible projects described in GM’s Sustainable Finance Framework. Additionally,… Continue reading @GM: General Motors Offers Senior Unsecured Notes July 28, 2022
@GM: Chevrolet Reveals All-New Seeker Compact SUV in China
Chevrolet Reveals All-New Seeker Compact SUV in China 2022-07-28 SHANGHAI – Chevrolet today revealed the all-new Seeker compact SUV, expanding the brand’s SUV portfolio in China. Two RS variants that reflect Chevrolet’s racing DNA will be offered. “The Seeker features an upgraded powertrain, new design and enhanced connectivity,” said Jack Uppal, general director of Chevrolet for… Continue reading @GM: Chevrolet Reveals All-New Seeker Compact SUV in China
Could new Federal EV tax credit crater EV sales until end of the year?
Now that the US Senate has an agreement on the reform of the federal tax credit for electric vehicles, it looks like it might finally happen after roughly two years of work. Though it’s still pending a vote. But it does bring up an interesting question: Will it make EV sales crash until the end… Continue reading Could new Federal EV tax credit crater EV sales until end of the year?
Tesla deploys cube lounges at Supercharger station with automated coffee, food, and more
Tesla has deployed large cube lounges at a Supercharger station in Germany that is equipped with automated vending machines for coffee, food, and more. The new partnership with bk World to deploy these lounges could reshape Tesla’s Supercharger networks in regions where it is more challenging to deploy charging stations near amenities. Tesla has been… Continue reading Tesla deploys cube lounges at Supercharger station with automated coffee, food, and more
How an unknown Vietnamese carmaker is trying to beat Tesla in the U.S.
VinFast is an unknown Vietnamese automaker selling electric vehicles (EVs) in America. Top staffers hail from industry leaders such as BMW. Go to Source
House approves $52 billion for chips, teeing up for Biden to sign into law
Washington — The U.S. House approved $52 billion in subsidies and $24 billion in tax credits for the computer chip industry Thursday, despite fierce opposition from Republican leadership incensed by a last-minute Democratic maneuver Wednesday night. The bill, which passed 243-187, will now head to President Joe Biden, who has said he plans to sign it. Among the yes votes… Continue reading House approves $52 billion for chips, teeing up for Biden to sign into law