It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
Category: General Motors
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For Michigan’s Economy, Electric Vehicles Are Promising and Scary
In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
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How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
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G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
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Cruise Says Hostility Toward Regulators Led to Grounding of Its Autonomous Cars
A report by a law firm about an October crash found that executives failed to fully explain the incident, which the Justice Department is also investigating.
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General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
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Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
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Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
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Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
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G.M. to Cut Spending on Cruise Self-Driving Unit
General Motors will “substantially lower spending” on autonomous vehicle efforts in 2024 after accidents with its self-driving taxis in San Francisco.
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‘Lost Time for No Reason:’ How Driverless Taxis Are Stressing Cities
In San Francisco and Austin, Texas, where passengers can hail self-driving vehicles, the cars have added to the workloads of city employees.
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‘Lost Time for No Reason:’ How Driverless Taxis Are Stressing Cities
In San Francisco and Austin, Texas, where passengers can hail self-driving vehicles, the cars have added to the workloads of city employees.