by Randall McAdory | May 11, 2020 | Autonomous Vehicles, Electric Vehicles, General Motors, Tesla
An intriguing article in Automotive News (subscription required) today, suggests that Wall Street adores Tesla, which is obvious given the company’s $150 billion market capitalization (five times higher than General Motors). The article also suggests...
by Randall McAdory | May 9, 2020 | Coronavirus
That’s the result of an IBM survey of 25,000 adults in the U.S. More than half of the respondents who use ride sharing app services said they will use these services less or stop completely. Seventeen percent say they will use their personal vehicle more, with many...
by Randall McAdory | May 6, 2020 | Autonomous Vehicles, Coronavirus, Electric Vehicles, General Motors, GM Cruise Automation
GM posted a small profit during Q1 which is surprising given the heavy losses announced by the other 2 Detroit automakers in Q1. According to AutoNews, GM’s CFO is saying the pandemic will not impact the company’s work on their electric and autonomous vehicles. The...
by Randall McAdory | May 5, 2020 | China, Coronavirus, General Motors
China is the world’s largest automotive market by far. General Motors is the second largest foreign automaker in China. The country is also GM’s top-selling vehicle market, with sales slightly over 3 million vehicles in 2019. As business activity in China recovers...
by Randall McAdory | May 4, 2020 | Electric Vehicles, Tesla, Transportation as a Service
Coronavirus could give Tesla advantages over traditional automakers both in electric vehicle investment as well as the development of self-driving systems. In a Medium article written prior to the current coronavirus environment, I wrote about Tesla having potential...
