On Christmas Eve, Chevrolet drivers can track Santa from their cars

North American Aerospace Defense Command, or NORAD, has been tracking Santa’s progress around the globe every Christmas Eve for more than 60 years. Even a government shutdown won’t prevent NORAD from completing its once-a-year mission. Now, General Motors is getting in on the annual tradition. On December 24, owners of the company’s Chevrolet -branded vehicles, […]

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Trump’s White House just gave you another reason to buy a Tesla right away

When Tesla CEO Elon Musk introduced a lower-priced Model 3 a few months ago, he deducted thousands in federal tax incentives from the sticker price. On Monday, according to Reuters, White House economic adviser Larry Kudlow said the subsidies for ele…

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Cruise Automation taps GM president Dan Ammann as its new CEO

Cruise Automation, the self-driving car subsidiary of GM, is getting a new CEO. The autonomous vehicle company, which was acquired by GM in 2016 and became subsidiary GM Cruise, has tapped Dan Ammann as CEO. Ammann will step down as GM’s president, a role he’s held since January 2014. Kyle Vogt, a Cruise co-founder who […]

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GM plans to cut more than 14,000 jobs, close factories as downturn looms

First, came the voluntary buyouts. Now, GM is ramping up its belt-tightening measures with cuts to factory and white-collar workers, plant closures in North America and the elimination of several car models as it tries to transform into a nimble company focused on high-margin SUV, crossovers and trucks and investments in future products like electric and […]

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Tesla, GM and Nissan are all part of a new coalition aiming to extend the EV tax credit

Tesla, GM and Nissan are among a group of 15 companies that launched a new coalition aimed at reforming the electric vehicle tax credit. The group, called EV Drive Coalition, brings together a mix of automakers, industry giant ABB, climate change and energy lobbying organizations and EV infrastructure companies, including ChargePoint. The coalition, which officially […]

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GM is going to allow Ford vehicles and other competitors on its Maven car-sharing platform

GM’s car-sharing subsidiary Maven is undergoing another expansion. This time, it’s not just to a new city. Maven plans to open up its new peer-to-peer car rental service to allow owners to rent out non-GM vehicles. It is also setting its sights on bigger changes in the future, according to Julia Steyn, vice president of GM Urban […]

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GM is getting into the electric bike business

General Motors said it plans to bring two new electric bikes to market next year — one folding and one compact — as the automaker makes a broader push into electrification and other ideas that try to move beyond its traditional business model of producing and selling gas-power vehicles. The automaker didn’t have a lot […]

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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 […]

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Honda commits $2.75 billion in partnership with GM’s Cruise

Honda will commit $2.75 billion as part of an agreement with GM’s self-driving technology subsidiary Cruise to develop a new autonomous vehicle. The vehicle will be produced at high volume for global deployment, the companies said in announcement Wednesday. As part of the agreement, Honda will invest $2 billion over the next 12 years into the effort. […]

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In recruiting win, GM’s Cruise employees offered equity in Cruise

In what will be seen as a big recruiting and retention win for Cruise, employees will be offered equity in GM’s self-driving technology subsidiary rather than shares of GM. The securities offering was disclosed in a recent SEC filing for GM Cruise Holdings LLC. The filing, which also lists the initial officers of GM Cruise […]

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Autonomous driving is coming to all Cadillac models, other GM brands

Starting in 2020, Cadillac will start to offer autonomous driving on every Cadillac model. The Super Cruise system is already available today but limited to just the full-size CT6 sedan. General Motors is also announcing today that the SuperCruise system will start hitting other GM brands — such as Chevrolet, GMC, and Buick —  after […]

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