General-Motors

EVs reigned during Monterey Car Week

Monterey Car Week — still the most exclusive automotive event on the calendar — concluded Sunday with the 71st running of its pinnacle display, the Pebble Beach Concours d’Elegance. But as antiq

3 indicators to watch for on Stellantis Q2 earnings day

Compared to this year’s drumbeat of announcements from car companies touting future battery-electric models, Stellantis has remained quiet, focusing on plug-in hybrids instead. The Amsterdam-based j

3 indicators to watch for on Ford Q2 earnings day

While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of sales goals so far this year. Industry wi

Why GM profits dropped 40% in the second quarter

General Motors said Tuesday it’s moving to take more control over its supply chain in response to a dismal second quarter that saw profits fall 40% year over year as it shifts more toward EVs. The a

3 indicators to watch for on GM Q2 earnings day

The auto industry’s woes are far from over, but the second half of the year represents a return to planning for the future rather than responding to short-term supply chain crises. General Motors, w

Daily Crunch: Cartona will use $12M Series A to expand its Egypt-based, B2B e-commerce platform

Happy new week! Christine went on a well-deserved break, so you’ll have to deal with a double dose of my awful puns and worse headline shenanigans for a bit.

GM is launching an online EV service to educate and woo consumers

General Motors launched a program Monday to educate car shoppers on electric vehicles and target first-time buyers, as the automaker searches for ways to catch up to and outpace rival Tesla. The autom

Cadillac explains why Celestiq flagship EV is its most advanced vehicle in 120 years

Cadillac unveiled Friday a buzzier version of its future flagship EV, the six-figure Celestiq sedan slated to set the direction for the brand’s electrified portfolio. The show car model of the eager

Luminar to invest in Geely-affiliated Ecarx, eyes China market

Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It’s making a strategic investment of an undisclosed amoun

Rolls-Royce and Hyundai partner on air taxi hydrogen fuel system

Rolls-Royce and Hyundai are partnering to develop a fuel-cell electric propulsion system for advanced air mobility. The collaboration, announced Tuesday at the Farnborough Airshow in the U.K., will co

GM and EVgo to build fast-chargers at Pilot Flying J gas stations

General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the chargi

This is the first look at the Chevrolet Blazer EV

GM’s CEO Mary Barra just revealed the upcoming Blazer EV, and it’s a looker. I love the styling, though I still wish General Motors made the off-roader Blazer from the ’70s and &#821

Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems

Technology built with defense in mind is getting some significant and serious traction at the moment, spurred by world events, advances in technology and a growing appetite from end users to invest in

The most surprising part of Buick’s announcement isn’t that it will become an EV brand

Buick said Wednesday it will launch its first EV in 2024 and revealed a sleek concept car that will set the direction on its journey to becoming a fully electric brand in North America by 2030. But th

3 predictions for Rivian’s Q1 earnings

Rivian, the Irvine, California-based electric vehicle startup, has faced mounting production pressures since launching late last year in one of the largest IPOs in U.S. history. In March, the company

Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers

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3 predictions for Ford’s Q1 earnings

Ford’s onslaught of electric truck news this week seems calculated to lay claim to the profitable segment — and overshadow a new General Motors rival — ahead of its first-quarter financi

Daily Crunch: Experts say Musk’s open-source vision could make Twitter vulnerable to attack

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

3 predictions for GM’s Q1 earnings

GM set a goal to sell more than 1 million EVs in North America by the end of 2025, but materials shortages, supply chain issues, and the resulting slowdown in production could prove to be big hurdles.

Daily Crunch: Twitter board OKs Musk’s $44B buyout, describes sale as ‘best path forward’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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