General Motors
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Asia-Pacific
Record number of Mexican-made vehicles cross borders to be sold in North American, Asian markets
Mexican factories exported a record-breaking 1.74 million vehicles worldwide during the first six months of 2019. The majority of those…
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Equipment
Workhorse Group raises $25M to fund R&D, completion of electric van
Workhorse Group secured $25M in funding to help finalize development of its NGEN electric delivery vehicle.
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News
Michelin unveils airless tire prototype at Movin’On Summit mobility event
Michelin rolled out its new high-tech airless tire at the kick off of the Movin'On Summit for sustainable mobility on…
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Equipment
New life for Lordstown? Workhorse in talks to acquire shuttered GM facility
GM closed its Lordstown Complex on March 5, 2019, but it could see new life as the company is negotiating…
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News
Today’s Pickup: China and the U.S. are back to the table for trade tariffs negotiations
U.S.-China trade tariffs war is heating up; Asian oil importers have not stopped importing oil from Iran; Uber has a…
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Autonomous Trucking
Uber and Waymo seeking outside funding for autonomous tech
Uber and Waymo are admitting they don’t want to commit the resources necessary for autonomous tech to be commercially viable.
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News
Today’s Pickup: Companies are splurging on self-driving technology with no commercial deployment at sight
Uber spends over $1 billion every year on Waymo; Lyft is nearing its IPO; Fiat recalling 863,000 cars due to…
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News
Softbank invests in autonomous delivery startup Nuro
TechCrunch reports that SoftBank, a Japanese multinational holding group, has led a $940 million investment in autonomous delivery startup Nuro.
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News
CEO of GM’s self-driving unit stands to make $25 million in incentives
The compensation is contingent on the company going public or changing ownership, according to GM’s annual 10K filing with the…
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News
Today’s Pickup: heavy-duty pickup trucks would pay for GM’s “all-electric” ambitions
General Motors plans to go all-electric in the future but does not expect profits until early next decade; Amazon is…
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