general motors

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

Automakers Report Mixed U.S. December Sales

Automakers Report Mixed U.S. December Sales

On Wednesday, major automakers reported mixed U.S. sales for the month of December due to big consumer discounts targeted at moving cars off dealer lots before the year ended. New vehicle sales for that month marked a strong year, almost meeting las..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..

Alphabet Inc Considering  $1 Billion Investment in Lyft

Alphabet Inc Considering $1 Billion Investment in Lyft

Alphabet Inc (NASDAQ: GOOGL) is reportedly considering a major investment in Lyft Inc. According to Bloomberg, Google or CapitalG, Alphabet’s private-equity arm may invest plans to invest $1 billion in Lyft, which is Uber’s strongest com..

GM Canada's July Sales Rise 22% in July

GM Canada's July Sales Rise 22% in July

On Tuesday, General Motors Co (NYSE: GM) said that it sold 25,852 vehicles in July in Canada. That’s a 22 percent increase from the year prior. This is a striking contrast to the company’s performance in its home market.The company repor..