Wednesday, November 13, 2024
Inspired by GM trucks, this model packs advanced safety tech and exciting upgrades. Expect larger screens, fresh security features, and the rugged ACTIV trim. With enhanced connectivity and safety, it competes fiercely in a crowded market.
Amidst new regulations disqualifying certain electric vehicles from tax credits, GM fights back with a $7,500 incentive on affected models. Ford, however, intends to raise prices by $10,000 on specific F-150 EVs. Treasury guidelines aimed at reshaping battery sourcing have significantly altered the industry landscape, intensifying competition and prompting strategic responses from major automakers.
GM temporarily halted Chevrolet Blazer EV sales in the US due to software quality concerns, promising ongoing software improvements. A new recall involves door strikers in the electric SUV and GM-branded crossovers due to potential fractures discovered during routine pre-installation tests at GM's San Luis Potosi plant in Mexico.
General Motors has filed a lawsuit against San Francisco, alleging excessive taxes and interest since 2016, totaling $108 million and $13 million, respectively. The legal battle focuses on taxes related to GM's self-driving division, Cruise, emphasizing its separate financial structure and disputing the city's assessments.
General Motors and Ford will lose electric vehicle tax credit from some of its production. Nonetheless, the GM expects to regain the credit as it is working towards changing sources for auto components. The Biden Administration rule regarding EV tax credit is a major reason for the temporary tax credit ineligibility on certain vehicles beginning Jan.1 2024.
Recent announcements by General Motors, Stellantis, and Ford to scale back hiring plans and massive layoffs, raise concern. Despite government subsidy hopes, job losses loom, highlighting the auto industry's shifting landscape. Stellantis cites stringent California emissions regulations as a contributing factor.
The newly launched Chevrolet Blazer EV faces temporary sales suspension due to software glitches. Following reports of 23 distinct software-related issues, Edmunds, an automotive website, highlights extensive dealership repairs and labels it the most significant software-related problem ever encountered with a new car.
General Motors (GM) has initiated a significant transformation of its US Buick dealership landscape. Employing a voluntary buyout strategy, GM has cut its Buick dealership network in half, a strategic move to maximize sales and profitability per location. This transformation aims to prepare for the Electric Vehicle (EV) revolution.