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“GM recalls 740,000 trucks, SUVs over headlight issue” General Motors said Wednesday it is recalling 740,000 trucks and SUVs because daytime running lights may not deactivate when the headlights are on, potentially causing excess glare. The largest US automaker said the recall covers various Cadillac CT4 and CT5; Buick Envision; Cadillac Escalade and Escalade ESV,…
“Used car prices fall but monthly payments spike” Interest-rate hikes from the Fed are raising average monthly car payments despite falling prices for used cars, according to a study. The average monthly payment for used cars is 47% higher this year, hitting $551 a month, as compared to 2019, according to analysts at Cox Automotive,…
“Auto giants like BMW, GM and Toyota make drivers ‘subscribe’ for basic features” Motorists are increasingly being forced to pay tacked-on fees and even sign up for pricey subscriptions to get basic features on their cars — and auto giants are telling investors this is only the beginning. BMW’s recent move to charge car owners…
“Elon Musk predicts Tesla’s robotaxi will be like Uber, Airbnb combined” Development on Tesla’s proposed robotaxi service continues, and it will work everywhere … even on another Earth. That is according to Elon Musk, who told the company’s annual shareholders meeting on Thursday that the system is not being designed with a launch city in mind,…
“Cadillac’s new electric luxury sedan might cost $300,000” Cadillac is aiming to reclaim the mantle of “Standard of the World” as it transforms into an all-electric car brand, and it looks like that means competing with the high-end automakers on both luxury and price. Coming off the launch of its Lyriq SUV, which is already sold…
“Driverless car speeds away from cops at traffic stop: video” A driverless car sped away from a bewildered San Francisco police officer during a traffic stop, new video footage shows. In a bizarre clip posted on April 1, police appear to stop a driverless car for driving at night without using headlights. The vehicle, which…
“Toyota, GM sales fall on chip shortage, supply chain snags” Toyota Motor and General Motors reported a slump in first-quarter US sales on Friday, as industry-wide disruptions to supply chains and chip shortages squeezed inventories. Toyota, which in 2021 upstaged GM’s decades-old position as the top-selling automaker in the United States, outsold the company in the…
“#GM to spend $154M refurbishing NY plant for EV production” General Motors said it will spend $154 million to refurbish a plant near Buffalo where the automaker manufacturers a key part of the motor used in electric vehicles. The investment in the Western New York Lockport Components plant, which will go toward renovating the facility…
“#Walmart, FedEx to buy thousands of GM electric vans” General Motors’ electric commercial vehicle business, BrightDrop, said on Wednesday it has signed a new deal to supply EVs to retail giant Walmart and expanded its supply agreement with delivery firm FedEx. Financial terms of the deals, announced in conjunction with the Consumer Electronics Show (CES) in…
“#GM, Google latest firms to nix in-person attendance at CES over COVID fears” General Motors, Alphabet Inc.’s Google and its self-driving auto-technology company Waymo on Thursday joined the companies no longer attending the Consumer Electronics Show in person early next month due to rising COVID-19 infections. GM Chief Executive Mary Barra had been scheduled to…