GMbeat

Joined August 19, 2015

Latest News

How Lincoln, Buick Alter Their Cars to Cater to the Chinese Market

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http://www.motortrend.com - When automakers set out to design their vehicles, especially global models, they have to take into account the preferences of each market. Some automakers like Lincoln and Buick change aspects of their vehicles specifically to serve the Chinese market.

General Motors acquires self-driving car startup Cruise Automation, reportedly for $1B+

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http://venturebeat.com - General Motors continues its self-driving car push today with the news that it has acquired Cruise Automation, a San Francisco-based self-driving car company that develops an autopilot system for existing cars. The news comes two months after GM first revealed its autonomous vehicle aspirations with a $500 million investment in Lyft, followed by acquisition of Sidecar’s technology and assets. “Fully autonomous vehicles can bring our customers enormous benefits in terms of greater convenience, lower cost and improved safety for their daily mobility needs,” said GM president Dan Ammann.

GM Buys Driverless Tech Startup Cruise Automation

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http://www.motortrend.com - General Motors has announced that it’s acquiring the startup company Cruise Automation to help in the development of autonomous vehicles. Cruise will be part of GM’s Autonomous Vehicle Development Team led by Doug Parks.

2016 Chevrolet Colorado, GMC Canyon, Chevrolet Malibu subject of stop-sale order & recall

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http://www.thecarconnection.com - General Motors has issued a stop-sale and recall of three 2016 models: the Chevrolet Malibu sedan and the Chevrolet Colorado and GMC Canyon pickup trucks. The recall is effective across the US and Canada.

Porsche is crushing it in sales and sports cars have nothing to do with it

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http://www.businessinsider.com - In 2015, Porsche had its best year in company history. Company executives reported today that revenue and profits both surged 25% to $24 billion and $3.8 billion respectively. At the same time, unit sales jumped 19% last year to 225,000 cars worldwide.

At Steak Dinner, GM Works To Beef Up Wall Street's Faith In Its Stock

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http://www.forbes.com - General Motors stock is the stock of the future – and always will be, say some skeptics. But if the automaker can prove it can weather the next US vehicle sales downturn well, it could be a winner.

Ford, GM Betting Big on the Future with Major Moves into Autonomous Vehicles, Mobility Services

Posted By GMbeat on Articles

http://www.thedetroitbureau.com - General Motors and Ford announced today that each of them is taking another step forward in the race to the top spot in autonomous vehicles and mobility services.