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Paul Jacobson

Cruise autonomous vehicle venture in danger of becoming latest GM flop

by Mark McDuffie
Cruise autonomous vehicle venture in danger of becoming latest GM flop

DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing …

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China’s BYD Is Set To Overtake Telsa

by Nevil Nickel
China’s BYD Is Set To Overtake Telsa

Good morning! It’s Friday, December 1, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Nearly 4,000 U.S. Dealers Beg Biden To ‘Slow Down’ EV Push

by Nevil Nickel
Nearly 4,000 U.S. Dealers Beg Biden To ‘Slow Down’ EV Push

Good morning! It’s Wednesday, November 29, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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GM, Honda scrap plans to co-develop ‘affordable’ sub-$30,000 EVs

by Mark McDuffie
GM, Honda scrap plans to co-develop ‘affordable’ sub-,000 EVs

The 2024 Honda Prologue is one of two EVs being made by General Motors for the Japanese automaker, utilizing its Ultium battery technologies. Honda DETROIT – General Motors and Honda …

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Stock Markets: Brief reprieve for investors

by Merchant Moller
Stock Markets: Brief reprieve for investors

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City.  Michael M. Santiago | Getty Images This report …

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GM secures new $6 billion credit line as UAW strike costs $200 million

by Nevil Nickel
GM secures new  billion credit line as UAW strike costs 0 million

DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced …

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