General Motors Stock News

There is widespread consensus that the future, at least when it comes to what we drive, is electric. Carmakers have been falling all over each other with promised dates by which some or all of their offerings will be electric, or at least electrified in some way. But when is that future for you? Should you buy an electric now? A number of vehicles either for sale or coming to market in 2022 promise to shake things up. They’re neither tiny nor dizzyingly expensive, and they might tip the scales for some to try electric. For the people who would rather drink battery acid than give up their internal combustion engine vehicles, you can relax. We are, as one auto observer put it, living in a “golden age of choice”: Massively powerful muscle cars and electric vehicles with record-setting range and efficiency are both on the market. “People who are thinking, ‘Oh boy, I better go get my gas-powered V8 car now, or else tomorrow or next year I walk’—no, that’s not true,” says Matt Degen, an editor at Kelley Blue Book. “Gasoline combustion vehicles are going to be with us for a while, probably even decades.” What’s a Battery Electric Vehicle?

DETROIT : Ford Motor Co has no plans to spin off its electric vehicle (EV) or petrol-powered vehicle businesses, chief executive Jim Farley ( pix ) said yesterday. “We have no plans to spin off our electric business or our ICE business,” Farley said at a Wolfe Research conference appearance that was webcast, using an acronym for internal-combustion engine. “We know our competition is Nio and Tesla, and we have to beat them, not match them,” he added. “And we also have to beat the best of the ICE players.” Some investors have pushed Ford and rival General Motors Co to spin off their EV operations as a way to better tap into the full value of those businesses. EV leader Tesla Inc is the most valuable automaker in the world. Ford previously denied reports it was considering spinning off its EV or internal-combustion engine operations. The US automaker said last month it will have the annual capacity to build 600,000 EVs globally within 24 months. Farley said yesterday that his management team believes the US automaker''s EV and ICE businesses are underperforming on an earnings basis.

Green Bay Packers general manager Brian Gutekunst says he’s not giving Aaron Rodgers any deadlines on when to decide on a possible return and he believes the four-time MVP will reach a resolution soon.

The first two models to launch in Korea will the Chevy Bolt EV and Bolt EUV, which are expected to go on sale in the second quarter of 2022.

CLEVELAND (AP) — The Cleveland Cavaliers promoted assistant general manager Mike Gansey to GM on Wednesday, one of several front-office…

The rich just got richer. The Brooklyn Nets added Seth Curry, Andre Drummond, and Ben Simmons to a core that already featured Kevin Durant, Kyrie Irving, and Patty Mills. Nonetheless, it''ll be a while before we get to see this team at full strength, as Simmons needs to work his way back into game shape and Durant continues to be out with a knee injury. Durant And Simmons Are Getting Close The Nets will take things slowly with their stars and GM Sean Marks already ruled Simmons and Durant out for the next couple of games. Even so, he did say that they could be back soon after: "Sean Marks seems to indicate that he doesn''t expect Kevin Durant or Ben Simmons to play ''in the next three to four days.'' Would put them both out through the game, but Marks adds they''ll see how their bodies respond after practice the next two days,"reported Alex Schiffer.Simmons Will ''Ramp Things Up'' In Practice Simmons admitted that he''s in a great place physically but still needs to get there mentally, and a recent report states that he''s ready to ''ramp things up'' this week to get back to full strength pretty soon: "Ben Simmons, from what Im told, is going to really ramp it up this week and see where hes at at the end of the week," Ramona Shelbourne of ESPN reported. "But hes getting closeits going to be more like weeks rather than months."Marks Is Excited About Ben Simmons'' Arrival Marks raved about all the new possibilities that having a versatile defender and playmaker such as Ben Simmons could give coach Steve Nash and the Nets'' core: Just to have that versatility, and Im going to keep harping on the versatility that he brings offensively and defensively, said Marks, as quoted by ClutchPoints. Its going to be a matchup nightmare for other teams." The Nets Will Push The Pace Simmons'' presence will allow the Nets to play an up-tempo offense.

GM is discontinuing Marketplace, its in-car shopping app that let vehicle owners buy gas and coffee from the screens of their cars.

Hyderabad: West Pharmaceutical Services, which operates in injectable drug administration segment, appointed Ravikrishna Chebolu as GM of its India operations. While Wests global headquarter is in Exton, Pennsylvania, United States, in India the company has its sales office in Hyderabad, servicing customers throughout India. With over 20 years of relevant commercial and general management experience []

Shares of several companies in the automotive & auto component sectors, including Ford Motor Company (NYSE: F ), General Motors Company (NYSE: GM ) and Tesla Inc (NASDAQ: TSLA ), are all trading lower from pressure in the overall market Full story available on Benzinga.com

Nerd out with us as we dive into the nitty-gritty technical details of GM''s LT6 flat-plane-crank V8. It could be the last of its breed.

Super Bowl LVI featured more than 75 commercials promoting a range of products including cryptocurrency trading, sports betting, food and movies. Here is a look at some of the most beloved commercials by fans worldwide and Benzinga employees. What Happened: Super Bowl LVI aired on Sunday, Feb. 13, 2022, on NBC, a unit of Comcast Corporation (NASDAQ: CMCSA ). A 30-second ad came with an average cost of $6.5 million for advertisers. Favorite Commercials: Here were the favorite commercials from members of the Benzinga team. Staff Writer AJ Fabino was a fan of the electric vehicle-themed commercial from General Motors Company (NYSE: GM ) that reunited the cast of the Austin Powers franchise. The General Motors Dr. Evil spot was pretty well done. Didnt learn anything from it, was too excited to see the original cast back together, he said. Benzingas Director of Customer Success Ryan Faloona liked a different General Motors commercial. This one featured a reunion of the A.J. and Meadow characters from The Sopranos. But, it was a financial-themed commercial that was Faloonas top pick. Bringing back the Etrade baby was my favorite, Faloona said while adding that this was the best line: People are taking financial advice from memes hold on, Ill get my onesies, the

The managing director and CEO of Welbeck Electricity Distribution Limited , Afolabi Aiyela, lauded the role of independent power producers (IPPs) in enabling the realisation of the goals of the power sector reform. Aiyela, who spoke with BusinessDay on the new projects being undertaken by his company, said independent power producers such as Welbeck are filling a critical gap in the power industry by serving specific communities such as industries, commercial hubs and essential services. He noted that since the take-off of Welbeck, a leading IPP, it has successfully delivered over six IPP for specific communities in Lagos and around the country. According to Aiyela, IPPs are meeting the critical needs of specific communities such as industries, commercial hubs and estates, which would otherwise have faced difficulties with unreliable power from the national grid. At Welbeck, for instance, we serve some key establishments across the country and it will surprise you that the pricing is a lot more competitive than you would get with alternative sources of power. Aiyela, who was speaking after inspecting the installation of the companys Oregun IPP located within the Oregun industrial hub in Lagos, said that Welbeck was currently undertaking three new power projects in Lagos, Imo and Oyo states.

Airless tires are closer to being a production reality than ever thanks to this partnership, and it could be a big deal for future EVs.

Robbie Cowbury from the Migrant Destitution Fund says grants to destitute migrants in Greater Manchester have been hugely beneficial. Plus a letter by Rachel Marks Gaby Hinsliff ( Universal basic income can be the worst of all worlds but free money schemes do work, 18 February ) hit the nail on the head in her discussion of free money schemes, in particular the impact of cash on cognition and mental health. Having now distributed well over 1,000 such grants since 2020 to destitute migrants with no recourse to public funds in Greater Manchester, we have seen exactly those results. For the people we support, it can help clear their heads and provide just enough choice to achieve longer-term resolutions to their situations. For the people accessing our fund, Hinsliffs point about the basic income part of universal basic income is even more on point. Migrants have been blocked from access to any income whatsoever by ongoing hostile policies, so simply allowing them access to the welfare state would be a huge leap forward for social and humanitarian justice.

General Motors had to temporarily drop heated seats as an option on vehicles in response to the chip shortage. But the largest U.S. automaker is not