Wednesday, 5 February 2025

Focus on General Motors Company

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, U.S. August 22, 2019.  REUTERS/Harrison McClary/File Photo
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GM’s Q3 US sales fall about two per cent

General Motors' Q3 U.S. vehicle sales dropped 2.2 per cent, with buyers opting for affordable models like the Trax SUV.

A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo
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GM self-driving unit Cruise to pay $1.5 million fine over crash disclosure

General Motors' Cruise will pay a $1.5M fine for failing to report a 2023 pedestrian crash, per NHTSA settlement.

FILE PHOTO: A BYD electric vehicle charges in a Charging Station in front of the Ministry of Economy building in Brasilia, Brazil October 18, 2023. REUTERS/Adriano Machado/File Photo
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Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

The sales of new fully electric or hybrid cars in Brazil are expected to surpass sales of vehicles run on combustion engines in...

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
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Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir/File Photo
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Ford, GM shares fall after Morgan Stanley analyst downgrade

Ford and GM shares fell five percent as Morgan Stanley downgraded both automakers, citing rising competition and weakening demand.

The Uber logo is shown on the building in Los Angeles, California, U.S., February 14, 2024.  REUTERS/Mike Blake/File Photo
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Uber, Chinese self-driving tech startup announce partnership to launch robotaxis in UAE

Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm’s vehicles to the rideshare platform, starting in...

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
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Analysis: Biden’s car-tech ban is a powerful new weapon against Chinese EVs

By David Shepardson, Nora Eckert and Abhirup Roy WASHINGTON/DETROIT (Reuters) -The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest...

The Lincoln Nautilus SUV is displayed at the Los Angeles Auto Show in Los Angeles, California U.S. November 29, 2017. REUTERS/Lucy Nicholson/File Photo
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GM, Ford would need to halt Chinese vehicles exports for US under rule: official

A proposed rule may force GM and Ford to stop exporting vehicles from China to the U.S., impacting production plans.

A electric vehicle charger is seen as a vehicle charges in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo
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White House touts $1bn fund to help auto suppliers retool for EVs

Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...

FILE PHOTO: A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo
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GM’s Cruise to begin testing autonomous vehicles in California

GM's self-driving unit Cruise will begin supervised testing with up to five autonomous vehicles in fall this year in California's Bay Area.

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