General Motors sold 4,508 electric Hummer trucks and SUVs in the second quarter in the U.S., putting it close to Ford’s F-150 Lightning despite a price gap in the tens of thousands of dollars. The Hummer sales were part of a banner quarter for GM’s electric vehicles, making it one of the only automakers that […]
The electric Hummer is almost outselling the F-150 Lightning Read More »
General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC. GM told CNBC that the cuts were not related to the ongoing trade war being waged by President Donald Trump. The company is cutting one of the two shifts at the
GM cuts 500 jobs because of weak demand for BrightDrop electric vans Read More »
Cadillac’s new IQ portfolio of all-electric vehicles — notably the compact Optiq SUV and grandaddy full-size Escalade IQ — has put the company on a techier, more advanced, and luxurious plane. And the shift couldn’t have come soon enough. The slate of traditional internal combustion engine vehicles that have come out of Cadillac in recent
The Cadillac Optiq EV and Cadillac Escalade IQ go big on tech, luxury, and price Read More »
NVIDIA’s GTC conference kicked off with a series of announcements highlighting its role in advancing autonomous driving technology. The chipmaker provides automakers and autonomous vehicle companies with a handful of Nvidia-branded tools to help power self-driving cars and create digital twins of factories. On Tuesday, companies including Torc, Gatik, and even General Motors announced plans
GM, Gatik, Torc team up with Nvidia to accelerate self-driving Read More »
General Motors is turning to Nvidia to help bring AI to the physical world in an expanded collaboration designed to touch every aspect of the automaker’s business, including factories, robots, and self-driving cars. Nvidia founder and CEO Jensen Huang, who announced the partnership Tuesday during his keynote at the company’s GTC conference in San Jose,
GM teams up with Nvidia to bring AI to robots, factories, and self-driving cars Read More »
Autonomous vehicle company Cruise is laying off “nearly” 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations Read More »
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has
GM expects to save up to $1 billion on Cruise costs Read More »
The old chestnut passed around by industry watchers for the past decade was that CES — one of the world’s largest consumer tech trade events — had turned into an auto show. Maybe even the most important auto show of the year. And there was ample evidence of that. GM Chairman and CEO Mary Barra
CES 2025: Where have all the US automakers gone? Read More »
GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be
Microsoft will take an $800M hit over Cruise robotaxi shutdown Read More »
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei. GM said Tuesday it would cease funding Cruise and instead absorb the company and combine it with
Honda cuts funding to robotaxi venture with Cruise and GM in Japan Read More »
