Techno Blender
Digitally Yours.
Browsing Tag

Barra

GM looking at the best path to unlock value at Cruise, CEO Barra says, ET Auto

However, GM's Barra asserted on Tuesday that "we had already demonstrated and validated externally that Cruise technology is already safer than a human driver."General Motors Chief Executive Mary Barra said on Thursday that the automaker was looking at the best path to unlock value at its self-driving unit Cruise.Shares of GM rose about 2%.Cruise is an "incredibly valuable asset", Barra said at an event hosted by Wolfe Research.The Detroit automaker will focus on

For 10-year GM CEO Mary Barra, 2024 is about change and crisis

Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Monday marks 10 years of Mary Barra's tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy.Over the past decade, Barra has been a dynamic executive, guiding the company through high-profile crises as the first female leader of a major automaker. Under her stewardship, GM has seen record profits, cultural changes and major achievements, including beating Wall Street…

Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.

Dec. 15, 2023 11:00 pm ETListen to article(2 minutes)At a 2018 meeting with a senior General Motors team, Chief Executive Mary Barrastunned the room with a sharp U-turn. She killed plans for a new high-end Cadillac that already had gushing reviews from the automotive press. Her reason: the car’s gas-guzzling V-8 engine. Barra, deep into her quest to turn GM into an electric-car powerhouse, decided it would send the wrong message to showcase another splashy Cadillac—the GM brand known for innovation—that leans on

GM CEO Mary Barra hints at Ultium Chevy Bolt in near future

In an NPR interview before the news of the big GM move to NACS charging, CEO Mary Barra hinted at something we here at Electrek have been jonesin’ for – a Chevy Bolt with an Ultium battery. A Boltium?! Let’s discuss… The little nugget of info happened about 10 minutes into a Marketplace podcast released yesterday right before the announcement on GM’s choice to follow Ford into Tesla’s NACS charging. The whole thing is worth a listen, but our ears perked up at the following: Barra: So I’ve…

Tesla’s Electric Vehicle Chargers Open to General Motors in Landmark Deal

Last Updated: June 09, 2023, 03:14 ISTNew York, United States of America (USA)A Tesla auto charges on May 10, 2023, in Westlake, Calif. All of Ford Motor Co.'s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations starting in 2024. (AP Photo) Under the agreement GM vehicle owners will have access to Tesla's 12,000 "superchargers"Tesla will open its North American electric vehicle charging network to cars from rival General Motors beginning in 2024, Tesla CEO Elon Musk and GM…

GM Chevy Bolt EV production to end later this year, Barra says

UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan.Steve Fecht for ChevroletDETROIT – General Motors plans to stop production of its electric Chevrolet Bolt models by the end of this year, CEO Mary Barra told investors Tuesday when discussing the company's first-quarter earnings.The Chevy Bolt EV and EUV, a larger version of the car, make up the vast majority of the company's electric vehicle…

GM CEO Marry Barra Stops Using Twitter After Takeover by Elon Musk, Paid Promotion Paused Too

Elon Musk’s Twitter takeover has affected tons of people and businesses. The automobile industry is not exempted from the impact of this chaotic transfer of ownership. One of the clearest signs of this was General Motors (GM) announcing that it would not be advertising on Twitter.The reason was the site’s ownership going to a competitor – Musk, who owns Tesla. With the GM CEO, sub-brands, and top executives becoming inactive on Twitter, the pullback from the social networking site appears to be more intense than was first…

Barra expects EV profit to be comparable to gas vehicles by 2025

Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.Patrick T. Fallon | AFP | Getty ImagesGeneral Motors expects its new electric vehicle profits to be in-line with traditional cars and trucks with internal combustion engines by 2025 – years ahead of schedule and what many expected was possible.GM CEO Mary Barra on Thursday said the significant increase in profits factors in federal incentives under the Biden…

GM’s North American battery supply chain is key to EV profits

General Motors Co plans to add more links to its North American battery supply chain, adding to roughly 20 deals so far, in a key strategy to help the Detroit automaker narrow the gap with Tesla Inc in electric vehicle profitability. GM Chief Executive Mary Barra and other executives are scheduled to brief investors on the automaker's progress toward scaling up production capacity to deliver 1 million electric vehicles a year in North America by 2025. Work is underway on new agreements to support higher levels of North…

Barra confident in GM’s self driving tech and goal to beat Tesla

As we roll along in the third quarter of 2022, GM’s long-promised EV lineup is beginning to materialize and gain some serious momentum. The American automaker now has several EVs on the market and has even more in its production pipeline. In recent media appearances, CEO Mary Barra has relayed confidence in GM’s autonomous technology and has reiterated the company’s goal to usurp Tesla as the leader in EV production. Can GM pull it off? General Motors is an American brand that needs no introduction. As a legacy…