Month: March 2022

Dan Ammann, the former General Motors president who abruptly left his post as CEO of Cruise in December, has been named president of ExxonMobil Low Carbon Solutions. Ammann will replace Joe Blommaert, who is retiring after 35 years with the company. Ammann’s appointment is effective May 1, according to a company statement. Ammann, 49, had
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7:13 AM ET Ferrari and Carlos Sainz are close to signing a contract extension to keep the Spaniard at the team beyond this season. Sainz replaced Sebastian Vettel last year on a two-year deal and finished ahead of Charles Leclerc in their first season as teammates, claiming podium finishes in Monaco, Hungary, Russia and Abu
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In this article GM GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors is creating a new China-based premium import business focused on sales of high-margin, “iconic vehicles”
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FRANKFURT — Managers at Porsche travelled to the United States late last year to discuss possible joint projects with iPhone maker Apple as well as with some other tech companies, the sports-car maker’s CEO said. “We already have Apple CarPlay, we will expand on that,” Oliver Blume said during a video conference on the automaker’s
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General Motors is pulling back the curtain to show viewers the genesis and development of its first electric pickup, the GMC Hummer. A one-hour documentary called Revolution: GMC Hummer EV will premiere Sunday, March 27, on the History Channel, GMC and A+E Networks said last week. The film shows how the GM team launched the
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8:52 PM ET Associated Press HAMPTON, Ga. — William Byron had a freight train in his rearview mirror. A sitting duck, it seemed. Fortunately for him, all those challengers started jostling against each other rather than working together to take down the leader. While Byron cruised to the checkered flag for the third victory of
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Maserati’s transformation into a fully electric brand by 2030 is being accompanied by a more efficient and disciplined retail strategy. In 2021, the Italian luxury brand had to overhaul a distribution model that was leading to cars sitting at U.S. ports that weren’t assigned to dealerships yet. Under the old method, Maserati would order vehicles
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