SAN FRANCISCO – General Motors Co. (NYSE:GM) announced it is acquiring Cruise Automation to add Cruise’s deep software talent and rapid development capability to further accelerate GM’s development of autonomous vehicle technology. “Fully autonomous vehicles can bring our customers enormous benefits in terms of greater convenience, lower cost and improved safety for their daily mobility […]
SPRING HILL, Tenn. — General Motors will invest $148 million to repurpose flexible machining and assembly equipment at its Spring Hill Manufacturing plant to build V8 engines to meet market demand, retaining approximately 200 jobs. The investment will enable Spring Hill to quickly add capacity to build the Small Block 6.2L V8 engine in the […]
DETROIT – General Motors’ recently announced service for online shoppers who are looking for a used Chevrolet, Buick, GMC or Cadillac vehicle, the Factory Pre-Owned Collection (http://www.factorypreownedcollection.com), is now live. GM is the first automaker to provide U.S. consumers with online access to an exclusive national inventory of low-mileage former GM company-owned, off-lease and daily […]
The Volkswagen Group’s realignment is well underway. The Group is making progress on all five of the priorities it set at the end of October: The technical solutions for customers in Europe have been devised, presented to the authorities, and positively evaluated by them. These solutions will begin to be implemented in January 2016. The […]
LAS VEGAS – U.S. Transportation Secretary Anthony Foxx today announced the latest partnership in the Smart City Challenge; the winning city’s public bus system will receive the installation of Mobileye’s Shield +TM technology on every bus. This is in addition to U.S. DOT’s award of up to $40 million and an award of up to […]
DETROIT – The General Motors Board of Directors today announced it has unanimously elected Mary Barra as its next Chairman, effective immediately. She succeeds Theodore (Tim) Solso, who will continue serving as the Board’s Lead Independent Director. Barra has served as GM CEO since Jan. 15, 2014. “At a time of unprecedented industry change, the […]
The Department of Justice, on behalf of the Environmental Protection Agency (EPA), today filed a civil complaint in federal court in Detroit, Michigan, against Volkswagen AG, Audi AG, Volkswagen Group of America Inc., Volkswagen Group of America Chattanooga Operations LLC, Porsche AG and Porsche Cars North America Inc. (collectively referred to as Volkswagen). The complaint […]
PHILADELPHIA, PA – December 9, 2015 – The Pep Boys – Manny, Moe & Jack (NYSE: PBY), the nation’s leading automotive aftermarket service and retail chain, today announced that, on December 8, 2015, its Board of Directors, after consultation with its independent legal and financial advisors, determined that the proposal from Icahn Enterprises L.P. to […]
DETROIT – Making shoe soles and washing solvent-drenched rags instead of discarding disposables are two ways General Motors is approaching its aspirational goal of becoming a zero waste manufacturer. With the addition of six landfill-free sites in Mexico and England, the company’s industry-leading landfill-free count totals 131 facilities. Luton Assembly and Ellesmere Port Assembly achieved […]
Volkswagen AG has issued the following information: CO2 issue largely concluded • No unlawful change to the stated fuel consumption and CO2 figures found to date • Only a small number of the model variants of new cars will have the catalogue figure slightly adjusted Just a month after questions relating to the CO2 figures […]
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