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 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 | Mar 27, 2020 | Autonomous Vehicles, Electric Vehicles, General Motors, GM Cruise Automation
Yesterday’s announcement from General Motors cutting white collar salaries and freezing work on some vehicle programs due to coronavirus, also highlighted a few less than immediately profitable programs where engineering development will not be delayed....
by Randall McAdory | Mar 10, 2020 | Electric Vehicles, General Motors, Tesla
After the General Motors Electric Vehicle Day presentation last week, Morgan Stanley’s Adam Jonas believes GM’s EV sales will grow 30 times in 10 years. This will represent 20% of GM’s total vehicle sales, rising to 70% of sales in 20 years. Jonas...
by Randall McAdory | Mar 5, 2020 | Batteries, Electric Vehicles, General Motors, LG Chem, Tesla
After watching today’s web presentation of the General Motors Electric Vehicle Day, here’s what’s significant to me. The company wants to put everyone in an EVThe company is unambiguous. “Climate change is real”GM sees a path using their...
