GM

Lordstown Motors to unveil electric pickup at former GM plant

WASHINGTON — Lordstown Motors Corp. will present off its prepared electric pickup truck at an party Thursday as the startup seeks to begin manufacturing automobiles at a former Normal Motors manufacturing unit in northeast Ohio.

Lordstown Motors, which hopes to commence delivering the electric pickup to customers by January 2021 and is nevertheless working to increase more capital, will facial area substantial competition from other automakers.

Vice President Mike Pence and Strength Secretary Dan Brouillette are scheduled to go to the party featuring the pre-creation car or truck on Thursday in the politically important state of Ohio.

“Ohio has usually

Read More

GM reportedly to build electric van to capture delivery customers

DETROIT — Typical Motors is building an electric powered van aimed at business enterprise end users, joining a increasing list of carmakers planning EVs for the similar segment, which involves prospects these kinds of as Amazon.com Inc and United Parcel Support Inc, five people today familiar with the ideas instructed Reuters.

That multibillion-greenback strategy could empower GM, Ford and at minimum two EV startups to make and produce much more electric powered motor vehicles at a time when shopper demand for battery-powered versions is even now a little fraction of all round sector sales, although focusing on a probably lucrative

Read More

GM expects to emerge from pandemic with lower costs

DETROIT — Standard Motors should emerge from the coronavirus pandemic with a permanently minimized value base immediately after it scrambled to minimize its hard cash burn off to face up to a two-thirty day period shutdown in North American generation as portion of endeavours to halt the distribute of COVID-19, CEO Mary Barra reported Tuesday.

“We ended up speedily ready to consider out substantial expenditures and we are remaining pretty conservative about what expenditures we change again on,” Barra reported for the duration of an trader celebration with Credit score Suisse. “I think we will arrive out of this with

Read More

Ford, GM electric pickups were a tough sell in the 1990s

This was a severe hard work by Ford to make a auto that did more than simply comply with California’s zero-emissions mandate. Even though the auto, released in 1998, applied a conventional Ranger body, Ford expended intensely on the powertrain, security and creature comforts and created ongoing enhancements in its 5 a long time on the current market.

The 1998-99 styles had been designed with outdated- fashioned guide-acid batteries. The 39-cell pack nestled concerning the frame rails gave the Ranger EV a 50-mile driving array (at “best temperature,” according to a Ford brochure) just before a six-hour recharge was required.

Read More

GM Cruise laying off almost 8% of full time workers | Automotive Industry News

Cruise, the self-driving automobile device bulk owned by Standard Motors, is laying off practically eight% of its complete time workers to slice fees in the midst of the coronavirus pandemic, a media report reported.

The firm would offer you afflicted workers economical help to help them transition, as well as overall health treatment protection by means of the stop of the 12 months, Cruise CEO Dan Ammann wrote in a workers memo, a portion of which was shared with Bloomberg.

The cuts drop mostly outside of Cruise’s engineering and main advancement teams.

“In this time of terrific modify, we are

Read More