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Paul Jacobson

GM trims 2024 EV sales forecast amid slower-than-expected demand

by Horatio Thompson
GM trims 2024 EV sales forecast amid slower-than-expected demand

GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors is trimming its expected …

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GM board approves new $6 billion share buyback authorization

by Horatio Thompson
GM board approves new  billion share buyback authorization

General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT – General Motors on Tuesday announced a new $6 billion stock repurchase …

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U.S. automakers like GM rapidly lose ground in China

by Horatio Thompson
U.S. automakers like GM rapidly lose ground in China

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky …

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Tesla Isn’t Going To Advertise Its Way Out Of This One

by Horatio Thompson
Tesla Isn’t Going To Advertise Its Way Out Of This One

Good morning! It’s Tuesday, April 23, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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2023 Was Great For Car Sales, 2024 Probably Won’t Be

by Horatio Thompson
2023 Was Great For Car Sales, 2024 Probably Won’t Be

Good morning! It’s Wednesday, January 3, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Cruise autonomous vehicle venture in danger of becoming latest GM flop

by Walter Watson
Cruise autonomous vehicle venture in danger of becoming latest GM flop

DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing …

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China’s BYD Is Set To Overtake Telsa

by Horatio Thompson
China’s BYD Is Set To Overtake Telsa

Good morning! It’s Friday, December 1, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Nearly 4,000 U.S. Dealers Aren’t In On Biden’s EV Push

by Horatio Thompson
Nearly 4,000 U.S. Dealers Aren’t In On Biden’s EV Push

Good morning! It’s Wednesday, November 29, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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GM, Honda scrap plans to co-develop ‘affordable’ sub-$30,000 EVs

by Horatio Thompson
GM, Honda scrap plans to co-develop ‘affordable’ sub-,000 EVs

The 2024 Honda Prologue is one of two EVs being made by General Motors for the Japanese automaker, utilizing its Ultium battery technologies. Honda DETROIT – General Motors and Honda …

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GM Is Still Making Billions Of Dollars Despite Auto Workers’ Strike

by Horatio Thompson
GM Is Still Making Billions Of Dollars Despite Auto Workers’ Strike

Good morning! It’s Tuesday, October 24, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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