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general motors

  1. UberLyftFlexWhatever

    GM is a leader in China, trucks and autonomous cars

    Seaport Global initiated coverage on General Motors Wednesday as a buy with a price target of $48, citing the automaker's recent restructuring efforts and its leadership in China, self-driving car technology and the growing light truck segment...
  2. BurgerTiime

    Sidecar says Uber ‘took illegal steps to undermine’ competitors in new lawsuit

    https://techcrunch.com/2018/12/11/sidecar-says-uber-took-illegal-steps-to-undermine-competitors-in-new-lawsuit/amp/ Sidecar, an early player in the ride-hailing business, is suing Uber, claiming the billion-dollar business “stifled competition in the market for ride-hailing applications,”...
  3. UberLyftFlexWhatever

    GM'S PRESIDENT IS LEAVING DETROIT TO RUN ITS ROBO-CAR BIZ

    General Motors has given itself a deadline of 2019 to roll out a self-driving car service, a feat it would achieve though Cruise, a startup it acquired in 2016. And now Cruise has a new CEO in Dan Ammann, who is leaving his role as president of GM to take the full-time position. Founder Kyle...
  4. UberLyftFlexWhatever

    GM to focus on SDC. LAYING OFF 14,700 workers/Closing 5 factories

    General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure. The company said this is part of a plan that restructures to cut costs and focus more on autonomous and electric vehicles...
  5. BurgerTiime

    GM Dumped $500 Million Into Lyft But It's Not Really Working Out

    https://jalopnik.com/gm-dumped-500-million-into-lyft-but-its-not-really-wor-1826793919 Both General Motors and Lyft have ambitious goals to commercialize autonomous taxis in some way, but after teaming up more than two years ago, with the former investing $500 million in the latter, it seems...
  6. BurgerTiime

    Maven Gig, GM’s car-sharing service for Uber and Lyft drivers, comes to Austin

    https://www.theverge.com/2018/3/2/17069424/maven-gig-gm-car-sharing-uber-lyft-drivers-austin General Motors is bringing its car-sharing service Maven to the city of Austin, but just for freelance drivers for rideshare apps like Uber and Lyft, and on-demand delivery apps like Postmates, GrubHub...
  7. tomatopaste

    GM learning lesson, outpacing Tesla in race for self-driving cars

    While Musk takes precious time to tout his electric semi-truck and hustle cash deposits for a new Roadster unavailable for years, GM brass is backing promises to its investors with reality. Among them: a plan to field a driverless ride-hailing fleet by 2019. Oh, and GM says cost reductions...
  8. tomatopaste

    GM Wants to Bring an Uber-Like Self-Driving Car Service to Big Cities in 2019.

    General Motors’ plan calls for creating autonomous vehicles that can drive more safely than humans, roll out the cars at scale in dense urban centers with “complex environments,” and integrate them with software that users can use to request rides on-demand — at a significantly cheaper cost then...
  9. Maven

    ♪ If they can make it there... ♪

    New York City is about to get its first self-driving cars TIMOTHY A. CLARY/AFP/Getty Images Starting in early 2018, Manhattan's usual gridlock traffic will have something new to contend with: self-driving cars. A fleet of Chevy Bolts will be led by Cruise Automation, the self-driving unit of...
  10. tomatopaste

    GM's Cruise will test self-driving cars in New York in 2018

    https://www.cnbc.com/2017/10/17/gms-cruise-will-test-self-driving-cars-in-new-york-in-2018.html How long til Lower Manhattan is self driving taxis only? My guess is two years. Self driving taxis only, except for delivery trucks.
  11. tomatopaste

    GM jumps to record after Deutsche Bank says automaker to launch self-driving cars as soon as 2020

    https://www.cnbc.com/2017/10/02/gm-to-launch-self-driving-cars-uber-competitor-soon-deutsche-bank.html General Motors shares climbed Monday after Deutsche Bank said a meeting with the automaker's management "confirmed" expectations GM could launch self-driving vehicles "well ahead of...
  12. tomatopaste

    GM and Cruise announce first mass-production self-driving car

    “Today, we’re announcing the first production design of a self-driving car that can be built at massive scale,” Vogt said. “And more importantly, these vehicles can operate without a driver.” That means they have all the components in place, that “when the software’s ready,” Vogt added, they...
  13. BurgerTiime

    Lyft rejects offer from GM to aquire

    http://mobile.reuters.com/article/idUSKCN10N2BJ (Reuters) - Ride hailing company Lyft rebuffed acquisition interest from General Motors Co and will raise a new funding round instead, technology website The Information reported on Friday, citing two people familiar with the situation. Lyft...
  14. Michael - Cleveland

    General Motors Salvages Ride-Hailing Company Sidecar for Parts

    General Motors Salvages Ride-Hailing Company Sidecar for Parts http://www.bloomberg.com/news/articles/2016-01-19/general-motors-salvages-ride-hailing-company-sidecar-for-parts January 18, 2016 ... Big Plans GM is preparing to introduce its own set of transportation services, which it has...
  15. tipster98122

    Uber/Lyft & autonomous (self-driving) cars. Good for them. Bad for drivers.

    Lyft making a big play for the self-driving market with it's partnership with GM. http://www.msn.com/en-us/money/companies/gm-invests-dollar500-million-in-lyft-and-strikes-strategic-autonomous-car-alliance/ar-AAgkxYN?li=BBnb7Kz&ocid=UP22DHP...
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