It’s time to end the electric vehicle racket
Even with over a decade of government help, EVs make up around 9% of all new car sales. And most of these are sold to well-heeled consumers (and government fleets). Electric vehicles are status ...
Nikola Stock Plunges 41% on Report It’s Nearing Bankruptcy
Hydrogen and electric truck technology company Nikola is nearing a bankruptcy filing, according to The Wall Street Journal.
What the Options Market Tells Us About General Motors
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options ...
Green Car Reports2d
Report: Bankruptcy nears for Nikola, former hydrogen-hype darling
At one time Nikola was valued at more than GM or Ford; now it doesn't have enough cash to help its few existing customers get ...
How Canada And Mexico Became So Important To U.S. Car Manufacturing
When the automotive industry plummeted into catastrophe during the Great Recession, it wasn’t just the U.S. government that ...
GM Authority5d
GM Takes Full Ownership Of Cruise
General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.
Despite tariff disputes, Mexico, Canada have been key to US auto industry for decades
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...
Tariffs loom, but US automakers began making cars in Canada, Mexico in early 1900s
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...
Dallas Morning News18d
Texas, other states reach $7.4 billion deal with Purdue Pharma over opioids crisis
The settlement was announced nearly seven months after the U.S. Supreme Court upended the company’s previous attempt to resolve the lawsuits in a bankruptcy settlement that would have granted ...
Hagerty18d
Tadge Tells All: 30 Years of Stories from the Corvette’s Chief Engineer, Part One
It was a long and bumpy road to get to the C8, though. Juechter and Charles were especially forthcoming about the General Motors bankruptcy, which was filed on June 1, 2009, in the wake of the 2008 ...
Reuters19d
GM recalls over 2,000 Chevrolet Equinox electric vehicles
Jan 22 (Reuters) - The National Highway Traffic Safety Administration said on Wednesday that General Motors (GM.N), opens new tab is recalling about 2,890 Chevrolet Equinox EV vehicles due to ...