General Motors, realizing that demand for electric vehicles isn’t strong enough to justify a fully electric brand, confirmed earlier this year that it would introduce some plug-in hybrids. GM didn’t offer much information beyond confirming the arrival of PHEVs… Source: Cars Direct
Driving west on Route 7 in the one-mile stretch of Tysons Corner, motorists passing by can see the backs advertising a Chevrolet dealership, a Pontiac showroom, adjacent Oldsmobile and Buick stores, and a large Cadillac outlet. A tall neon sentinel beckons you. Located in the middle of a beltway in suburban Maryland… Source: www.washingtonpost.com
Due to changes to the federal electric vehicle tax credit, some General Motors EVs will no longer qualify for the tax credit next year. After January 1, 2024, the Cadillac LYRIQ and Chevrolet Blazer EV will no longer be available in any part of the Commonwealth Territory. Source: Cars Direct
Who doesn’t like private label products? We can all be grateful for a deal when we get a bargain on laundry detergent or a set of expensive speakers at a discount, and the same goes for cars. Today we will talk about such a car. car It used to be expressed as “far away…” Source: www.theautopian.com
Cruise Corp. has suspended operations indefinitely after losing its permit to operate its self-driving Chevrolet Bolt on public roads. The General Motors subsidiary had hoped to start producing the Origin self-driving car this year, but those plans are now on hold. The setback came after the Bolt was involved in several crashes etc… Source: Car and Driver
Recent issues have sent GM stock down to about $28 per share, 15% below its 2010 IPO price and down 15% since early 2023, leading Wall Street analysts to say, This is well below the company’s target of $42 per share. For the new Chevrolet Blazer (pictured above) and Equinox EV,… Source: www.autoweek.com