Tag: automotive breaking news
Debt ceiling vote: default avoided but uncertainty remains
In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening.
Having now cleared...
Indiana courts GM and Samsung EV battery plant with tax incentives
General Motors and Samsung SDI are poised to build their first joint-venture electric vehicle battery plant in Indiana, after local officials approved massive tax...
GM seeks to create domestic lithium supply chain with EnergyX partnership
General Motors has deepened its partnership with mining technology venture Energy Exploration Technologies Inc. (EnergyX) as it looks to establish a reliable lithium supply...
Newly elected UAW President promises change
The United Auto Works union (UAW) has voted for a new President in the organization's first direct election.
The election arrives some years after the...
Carvana announces new debt plan and Q1 loss estimate
On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its...
