Fri, 08 Nov 2024 07:02:02 GMT (1731049322891)
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7 years ago
Ride-sharing may be driving people away from car ownershipRide-share company Lyft has released an “economic impact” report for 2017, and it makes some bold claims. Most notably, Lyft says that nearly 250,000 of its customers gave up owning a car because of ride-share availability.Most of the report focuses...
7 years ago
GM to shut Detroit factory for 5 weeks to control inventoryGeneral Motors plans to shutter a Detroit car factory for five weeks, laying off 1,500 workers as it tries to keep inventory under control.The Detroit-Hamtramck plant makes the Chevrolet Impala, Cadillac CT6, Buick Lacrosse and Chevrolet Volt gas-electric
8 years ago
GM swings back at Tesla with Super Cruise self-driving softwareYesterday, Tesla slipped past General Motors to become America's most highly valued automaker. Now, GM says that it's planning to equip one of its luxury sedans, the Cadillac CT6, with the industry’s first true hands-free driving technology--a not-so-subtl
8 years ago
GM to temporarily close 5 factories as car inventory builds General Motors will temporarily close five factories next month as it tries to reduce a growing inventory of cars on dealer lots.The factories will close anywhere from one to three weeks due to the continuing U.S. market shift toward trucks...
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