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Osamu Suzuki, the former charismatic head of Suzuki Motor Corp. who turned the Japanese minivehicle maker into a global player with an overwhelming dominance in India’s car market, has died, the company said Friday. He was 94. Before stepping down as the company’s chairman and leaving its board in June 2021 at age 91, Suzuki […]
General Motors has announced that it will stop funding the development of the Cruise self-driving taxi. The company says it will now “refocus autonomous driving development on personal vehicles”. GM also pointed to the increasingly competitive robotaxi market as a reason for the move. In October, Tesla boss Elon Musk unveiled the electric car giant’s […]
Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than $8 billion into creating a robotaxi service. Now GM is turning off the spigot. On a call with investors today, General Motors CEO Mary Barra said the company would no longer invest in Cruise and its […]
Cadillac is set to join the Formula 1 grid as the 11th team from 2026. F1 has confirmed it has reached an agreement “in principle” with General Motors (GM) to support bringing GM-owned Cadillac to the championship. GM has also confirmed plans to build its own engine “by the end of the decade”, which will […]
Motors Classified v1.3.4 – Apps, Frontend Website and Backend for Car Dealership, Buy Sell, Listings Source Code Free Download. PSX Motors is a Comprehensive platform for Buying and Selling Cars. Browse Listings, Search for Specific Makes and Models, and Connect with Sellers. Realtime Chatting with Buyer and Seller as new eCommerce Experience. Your one-stop Destination […]
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market
Article content DETROIT (AP) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, were notified about the decisions early Friday. The company confirmed the layoffs in a statement but gave few details. “We need to optimize […]
Volkswagen’s Scout Motors is looking to enter the electric vehicle market using a sales strategy that has proven very effective for industry leaders like Tesla. On Thursday, Scout noted that it is planning to adopt a direct sales model instead of using a conventional dealer network. With such a sales model, Scout would be directly […]
One of Rivian’s former suppliers is currently suing the electric vehicle (EV) maker, claiming that it failed to pay a reimbursement clause for cancellations on a contract for electric motors. Rivian last year moved to bring the production of its EV motors in-house, effectively cancelling a supply deal with Bosch after claiming the supplier had […]