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  • GM-backed Cruise plans rapid growth for robotaxi business
    Automotive

    GM-backed Cruise plans rapid growth for robotaxi business

    April 16, 2023 /

    GM reps referred Automotive Information to public responses about Cruise from CEO Mary Barra and other executives, who have expressed optimism about the firm’s prospective clients. At final month’s South by Southwest function in Austin, Barra mentioned Cruise and AVs extra broadly symbolize the automaker’s intention of zero emissions, congestion and crashes. Last calendar year, GM obtained SoftBank Vision Fund 1’s ownership placement in Cruise for $2.1 billion and created a independent expense of $1.35 billion into Cruise that SoftBank beforehand had dedicated, according to an annual report filed with the U.S. Securities and Trade Fee. In the filing, GM reported it produced “additional investments in Cruise of $1.1 billion”…

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    Francis McGee Comments Off on GM-backed Cruise plans rapid growth for robotaxi business

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    EPA’s car pollution rules may drive EV sales to 67{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} by 2032

    EPA’s car pollution rules may drive EV sales to 67{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} by 2032

    April 14, 2023
    Automotive News Top 150 Dealership Groups (2023)

    Automotive News Top 150 Dealership Groups (2023)

    April 3, 2023
    Boulware: Excellence before expansion | Automotive News

    Boulware: Excellence before expansion | Automotive News

    January 2, 2023
  • Germany scales back plans to allow cannabis sale in shops and pharmacies | Germany
    World News Today

    Germany scales back plans to allow cannabis sale in shops and pharmacies | Germany

    April 13, 2023 /

    Adults in Germany will be able to grow and consume recreational cannabis privately or through non-profit members’ clubs by the end of the year, the country’s health minister announced on Wednesday, scaling back previous plans to make the drug distributable in shops or pharmacies nationwide. “The previous cannabis policy has failed,” said the health minister, Karl Lauterbach, as he presented the German government’s new two-phase approach to legalising cannabis at a press conference in Berlin. “Now we have to go new ways.” Following a model pioneered in Spain, the initial phase foresees the establishment of “cannabis social clubs”, which are each limited to 500 members and are exclusive to those…

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    Cuban baseball player defects after team’s loss to USA in World Baseball Classic

    Cuban baseball player defects after team’s loss to USA in World Baseball Classic

    March 21, 2023
    North Korea in action after Kim’s bomb-fuel order: Report | World News

    North Korea in action after Kim’s bomb-fuel order: Report | World News

    April 2, 2023
    The world’s most ‘welcoming’ countries of 2022

    The world’s most ‘welcoming’ countries of 2022

    December 9, 2022
  • Some ACA health insurance plans have lots of enrollees, few providers : Shots
    Health News

    Some ACA health insurance plans have lots of enrollees, few providers : Shots

    April 7, 2023 /

    The Affordable Care Act saw a record number of sign ups this year, but some people are having trouble finding doctors in their health plan networks. Getty Images hide caption toggle caption Getty Images The Affordable Care Act saw a record number of sign ups this year, but some people are having trouble finding doctors in their health plan networks. Getty Images The Affordable Care Act may be struggling with its own success. Record enrollment over the last two years brought more consumers into the health insurance market. At the same time, many insurers began offering smaller networks of doctors and hospitals, partly to be price competitive. That combination left…

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    Inside America’s youth mental health crisis

    Inside America’s youth mental health crisis

    March 2, 2023
    Xavier Becerra kicks off Latino health tour in Sacramento

    Xavier Becerra kicks off Latino health tour in Sacramento

    October 2, 2022
    As respiratory viruses strain US health care systems, Biden administration tells states how it’s ready to help

    As respiratory viruses strain US health care systems, Biden administration tells states how it’s ready to help

    December 4, 2022
  • Kia plans EV sales blitz by 2030 with first dedicated EV factory
    Automotive

    Kia plans EV sales blitz by 2030 with first dedicated EV factory

    April 6, 2023 /

    Kia’s upbeat outlook arrives amid growing enthusiasm for EVs across the industry as automakers from Japan to Europe and the U.S. hike profits anticipations amid much better purchaser desire and govt rules and subsidies that encourage the technology. The shift to electrification will also enable Kia go its brand picture upmarket, Song additional. “In 2021, Kia went by way of a entire-scale transformation of its corporate name, brand, products and design and style, as nicely as corporate approach. As a result, our brand name price has enhanced substantially,” Music explained in a information launch. “Kia needs to continue on its endeavours to fortify Kia brand name identity.” In general, quick-expanding…

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    World’s Top 5 EV Automotive Groups Ranked By Sales: Q1-Q4 2022

    World’s Top 5 EV Automotive Groups Ranked By Sales: Q1-Q4 2022

    February 12, 2023
    Auto suppliers grapple with employee stress, mental health

    Auto suppliers grapple with employee stress, mental health

    January 18, 2023
    Where Will Rivian Automotive Stock Be in 1 Year?

    Where Will Rivian Automotive Stock Be in 1 Year?

    January 8, 2023
  • Magna Seating plans $100M plant to supply GM near Detroit
    Automotive

    Magna Seating plans $100M plant to supply GM near Detroit

    April 1, 2023 /

    The Canadian organization, which has a big existence in metro Detroit, will operate the plant as the “exceptional provider” to “all the electrical SUVs and trucks” generated at Orion Assembly, the venture description claimed. The GM assembly plant is undergoing a $4 billion electric powered conversion, and the automaker reported last yr it predicted to churn out Chevrolet Silverado EVs and electric GMC Sierra pickups commencing in 2024. Building of Magna’s seating plant is predicted to start off in July and be entire by November 2024. Conquest contact The GM seating deal marks a big get for Magna. Southfield-dependent competitor Lear Corp. has been the seating provider on GM’s Silverado…

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    Tesla will shoot for volume over profit: Elon Musk

    Tesla will shoot for volume over profit: Elon Musk

    April 20, 2023
    Rivian Automotive (RIVN) Outpaces Stock Market Gains: What You Should Know

    Rivian Automotive (RIVN) Outpaces Stock Market Gains: What You Should Know

    February 3, 2023
    Stellantis 2022 earnings strong despite logistics, chip problems

    Stellantis 2022 earnings strong despite logistics, chip problems

    February 23, 2023
  • Gonzaga’s candidacy, Pac-12’s future, Texas and Oklahoma exit plans on deck with Big 12 brass set to meet
    Sport News

    Gonzaga’s candidacy, Pac-12’s future, Texas and Oklahoma exit plans on deck with Big 12 brass set to meet

    February 2, 2023 /

    When Big 12 presidents and athletic directors begin meeting Thursday at the Dallas-Fort Worth International Airport Grand Hyatt, might as well bring your popcorn. On the agenda is Gonzaga’s potential membership in basketball. That alone has realignment implications beyond the Big 12. There will also be some discussion about the possible early exit of Texas and Oklahoma for the SEC. Going into its first season with new members BYU, Cincinnati, Houston and UCF, the Big 12 will discuss perhaps its only athletic year with 14 teams. That’s a Texas-Oklahoma issue, too. Expansion is still in play, especially as long as the Pac-12 doesn’t sign a new media rights deal. Gonzaga’s…

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    Francis McGee Comments Off on Gonzaga’s candidacy, Pac-12’s future, Texas and Oklahoma exit plans on deck with Big 12 brass set to meet

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    Georgia’s dominant national championship win sends clear message to rest of sport: Don’t even think about it

    Georgia’s dominant national championship win sends clear message to rest of sport: Don’t even think about it

    January 11, 2023
    IOC announces Olympic Esports Series 2023 with winners to be crowned at live finals in Singapore from 22 to 25 June

    IOC announces Olympic Esports Series 2023 with winners to be crowned at live finals in Singapore from 22 to 25 June

    March 2, 2023
    Early exit for Texas, Oklahoma to SEC could be aided by future nonconference games at Big 12 stadiums

    Early exit for Texas, Oklahoma to SEC could be aided by future nonconference games at Big 12 stadiums

    December 17, 2022
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