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“#GM, Lockheed Martin are developing a lunar rover for NASA” General Motors and Lockheed Martin will develop a vehicle to drive NASA astronauts around on the moon’s surface, they said Wednesday, competing for a space project that could also promote their brands on Earth. GM and Lockheed said they would collaborate to make a battery-powered,…
“#Ford unveils electric pickup truck F-150 Lightning” Here’s a plug-in vehicle that can handle dirt roads better than a Tesla sedan — and it’s handier for construction and yard work, too. Ford revealed the electric version of its most popular pickup truck at an event in Michigan on Wednesday night, saying it expects the so-called…
“#GM unveils self-driving flying Cadillac” General Motors on Tuesday presented a futuristic flying Cadillac — a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air. A senior GM executive described the concept as “reimagining the future of personal transportation.” The single-passenger Cadillac — technically, a…
“#Shirley Young, Chinese-American businesswoman, dies” Shirley Young — a prominent Chinese-American who began in marketing in New York City and ended up helping to transform business relations between China and the US — has died, her family said Sunday. Young, 85, passed away Saturday night, one of her sons, David Hsieh, told The Post. “She…
“#Unplugged Cadillac dealers ditch brand” About 150 General Motor Co. dealers are parting ways with Cadillac instead of investing in costly upgrades required to sell electric cars, according to FOX Business. GM recently gave the dealers the choice: accept a buyout ranging from $300,000 to more than $1 million to exit the brand or spend about…
“#Nikola stock plummets after CEO dodges questions on GM deal” Nikola’s stock price plunged Wednesday after CEO Mark Russell refused to offer assurances that the electric-truck maker’s partnership with General Motors had not fallen apart. Shares in the Arizona-based startup sank about 15.4 percent to $29.20 in premarket trading as of 8:53 a.m. after Russell…
“#GM recalls 5.9 million vehicles to replace Takata air bags” General Motors will recall 5.9 million vehicles with potentially dangerous Takata air bag inflators after a US safety agency said Monday it had rejected the Detroit automaker’s petition to avoid the callback. The National Highway Traffic Safety Administration said GM must recall the 2007-2014 model…
“#Walmart partners with GM’s Cruise to test self-driving car deliveries” Walmart is adding Cruise, a majority-owned affiliate of General Motors, to its roster of self-driving startup partners, in a pilot delivery program early next year in Scottsdale, Ariz., the retailer said on Tuesday. Walmart previously has partnered with tech startups Flytrex, Nuro and Gatik on…
“#Consumer Reports ranks Tesla’s Autopilot ‘a distant second’” Tesla’s Autopilot system has a long way to go if it wants to be the industry leader, with Consumer Reports rating it “a distant second” to top dog GM. Elon Musk’s electric automaker scored 57 out of a possible 100 points in the publication’s Wednesday ranking of…
“#GM unveils first electric Hummer ‘supertruck’ for $113,000” General Motors has resurrected its gas-guzzling Hummer SUV as an all-electric “supertruck” — souped up with high-tech features and a price to match. The Detroit automaker on Tuesday unveiled the first of four Hummer models that it will produce to compete with Tesla’s futuristic Cybertruck in the budding…