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GM Promotes Executives to Lead the Next Phase of the Company’s Growth Strategy

DETROIT – General Motors Co. (NYSE: GM) is making several changes to its product development team and creating a new role to oversee its global regions. These moves will streamline the organization, allow for faster implementation of new vehicle and technology programs, and accelerate the company’s go-to-market strategies. This realignment is driven by the retirement […]

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GM Promotes Executives to Lead the Next Phase of the Company’s Growth Strategy

DETROIT – General Motors Co. (NYSE: GM) is making several changes to its product development team and creating a new role to oversee its global regions. These moves will streamline the organization, allow for faster implementation of new vehicle and technology programs, and accelerate the company’s go-to-market strategies. This realignment is driven by the retirement […]

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GM Invests in AI and Battery Materials Innovator Mitra Chem

DETROIT – General Motors (NYSE: GM) is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries. GM and Mitra Chem will develop […]

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Ford Launches Home Charging Pilot Program With Duke Energy For EV Customers to Save Money and Support Grid Sustainability

DEARBORN, Mich. – Ford announced a pilot program with Duke Energy to provide electric vehicle (EV) customers in their service area with a chance to save money, increase the use of renewable energy and support electric grid resiliency while charging at home. The EV Complete Home Charging Plan pilot aims to bring more certainty to […]

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GM Launches Effort to Bring Assisted Driving Education Directly to Consumers

DETROIT – General Motors launched “Hands Free, Eyes On,” a consumer education program to encourage consumer confidence in the use of advanced driver assistance systems (ADAS) as part of GM’s larger commitment to the safe deployment of these technologies 1, like Super Cruise 2 . To avoid concern and confusion about the benefits of ADAS […]

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Goodyear Adds Hard Working Regional Haul Trailer Tire to Cooper® WORK Series™ Line

AKRON, Ohio – The Goodyear Tire & Rubber Company introduced a new addition to the Cooper® WORK Series™ line, the WORK Series Regional Haul Trailer (RHT) 2. Available now, the new hard-working trailer tire is SmartWay® verified and designed to help fleet owners meet regional haul demands in both tandem and spread axle trailer applications. […]

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FORD to Unveil New Mustang GT4 at SPA as the Racing Mustang Range Continues to Expand

SPA, Belgium – Following hot on the heels of the Mustang GT3 reveal at Le Mans on Friday, June 9, Ford today announces that the new Mustang GT4 will be revealed at 14:00 CET on Wednesday, June 28, 2023, at the iconic Spa-Francorchamps Circuit in Belgium. Based on the Dark Horse version of the new, […]

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GM Investing $632 Million in Fort Wayne Assembly for Future Truck Production

FORT WAYNE, Ind. — General Motors Co. (NYSE: GM) announced today plans to invest $632 million in Fort Wayne Assembly to prepare the plant for production of the next-generation internal combustion engine (ICE) full-size light-duty trucks. This investment will enable the company to strengthen its industry-leading full-size truck business. Product details and timing related to […]

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GM Leads $50 Million Funding Round in EnergyX to Unlock U.S.-Based Lithium Supply for Rapidly Scaling EV Production

AUSTIN, Texas AND DETROIT – Energy Exploration Technologies Inc. (“EnergyX”) and General Motors Co. (NYSE: GM) today announced that GM Ventures is leading a $50 million Series B financing round in EnergyX, and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. The collaboration is focused on unlocking the North […]

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BMW Manufacturing to Expand Plant Logistics Operations

Spartanburg, S.C. BMW Manufacturing announced today that it will expand its logistics operations to a new building being developed across Interstate 85 from the plant. The facility, located off Freeman Farm Road, is being constructed by Becknell Industrial. Total investment in the project is approximately $100 million. When completed, the new logistics center will be […]

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