general motors

Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

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Google’s $5 Billion Bet on the Bumpy Road to Self-Driving Cars
Google’s $5 Billion Bet on the Bumpy Road to Self-Driving Cars
July 26, 2024  |  Technology

Since the industrial revolution first brought machines into prominence, self-driving vehicles have populated future visions. And with the news that the autonomous delivery robot marketplace...

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GM Eyes ‘Winning New Customers’ as EV Sales Soar
GM Eyes ‘Winning New Customers’ as EV Sales Soar
July 25, 2024  |  Transportation

General Motors Chairman and CEO Mary Barra is focused on “winning new customers” as electric vehicle (EV) sales soared during the second quarter. In the...

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EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
July 22, 2024  |  Transportation

Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus...

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EV Sales Tick Up as Payment Challenges Define the Road Ahead
EV Sales Tick Up as Payment Challenges Define the Road Ahead
July 05, 2024  |  Transportation

As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the...

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Is Former Synapse CEO Already Moving on With a Robotics Startup?
Is Former Synapse CEO Already Moving on With a Robotics Startup?
June 13, 2024  |  Business

To paraphrase a famous F. Scott Fitzgerald quote, there are no second acts in life. The Gatsby scribe had never met a tech CEO. The...

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GM Ends OnStar Data Sharing Following Public Protest
GM Ends OnStar Data Sharing Following Public Protest
March 24, 2024  |  Data

Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of March 20th, OnStar Smart Driver customer data is no...

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Electric Vehicle Sales Slow Amid Mainstream Consumers’ Concerns About Recharging
Electric Vehicle Sales Slow Amid Mainstream Consumers’ Concerns About Recharging
March 13, 2024  |  Transportation

Automakers are reportedly anticipating a slower rate of growth in sales of electric vehicles (EVs). While early adopters contributed to a rapid rise in EV...

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Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
January 16, 2024  |  Earnings

For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress...

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