President Obama is making a formal announcement this hour about his plans for troubled automakers General Motors and Chrysler, which have already been given $17.4 billion to keep them running. The Obama administration gave GM and Chrysler failing grades today for its turnaround efforts and promised a sweeping overhaul of the automakers.
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BING NEWS:
- GM's key to EV production and profits rest on ramp-up of new battery cell plants
GM's joint-venture battery plant in Tennessee quietly started what is expected to be mass production of battery cells, critical to GM's EV expansion.
05/1/2024 - 11:05 pm | View Link - GM Releases 2023 Sustainability Report
GM has issued its 2023 Sustainability Report describing its progress toward electrification and continued focus on EVs, plus its social and diversity programs.
05/1/2024 - 7:41 am | View Link - GM Unveils Plans For Autonomous Driving Unit Cruise Relaunch After Hiatus, Expects $1.7B In Expenses
Detroit-based automaker General Motors (NYSE:GM) on Tuesday detailed its plans for the relaunch of its autonomous driving unit Cruise, months after it paused operations owing to the involvement of one ...
04/25/2024 - 12:17 am | View Link - GM Energy Launches Vehicle-To-Home EV Charging Tech
GM Energy has announced new vehicle-to-home charging technology, allowing customers to power their homes using energy stored in their GM electric vehicle.
04/18/2024 - 7:46 am | View Link - Joe Biden, Barack Obama and LeBron James lead the congratulations for South Carolina after Gamecocks toppled Iowa and Caitlin Clark in March Madness final
Protect Dawn Staley AT ALL COST!! No if, ands or buts!' James said on X. 'This gm will be the most WBB GM ever.. It didn’t disappoint. Congrats Lady Gamecocks,' Shannon Sharpe added. ' ...
04/7/2024 - 11:21 am | View Link - More
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