General Motors
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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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Market Insight
Carriers confront GM shutdown
Universal and other carriers with exposure to automotive verticals face impact of GM plant shutdowns.
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News
GM deals with political blowback as they push toward an autonomous and sedan-less future
If staying healthy in the car manufacturing industry and supply chain labor force wasn’t complicated enough, there is still the…
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Autonomous Trucking
Moody’s suggests that autonomous vehicle startups have inherent disadvantages
The credit rating agency says that well-capitalized, risk-sharing joint ventures between incumbent automakers have the best chance of successfully bringing…
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