GM says it can handle rising labor costs as it announces $10 billion stock buyback

Filed under: Earnings/Financials,Plants/Manufacturing,UAW/Unions,GM Continue reading GM says it can handle rising labor costs as it announces $10 billion stock buyback GM says it can handle rising labor costs as it announces $10 billion stock buyback originally appeared on Autoblog on Wed, 29 Nov 2023 13:27:00 EST. Please see our terms for use of feeds. Permalink | …

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Nearly 400 Dealers Drop Out Of Ford’s EV Program

Ford’s EV dealer requirements have caused a bit of drama since they were announced in late 2022. With EV sales slowing, some dealers are getting antsy at the thought of sinking thousands or even millions of dollars into a lukewarm EV market. Still, 2,000 dealers bought into the program. Now, Electrek reports,… Read more…

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Richard Childress Racing announces new executive appointments

With the stated goal to “strengthen the organization’s operations,” Richard Childress Racing has promoted Andy Petree to executive vice president of the organization. A veteran of the industry, Petree most recently led RCR as the vice president of competition. He was also instrumental in overseeing the development of the Next Gen Chevrolet, which RCR has won with on…

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Consumer Reports dings EVs, PHEVs on reliability, but that’s not the whole story

Filed under: Green,Truck,Crossover,Minivan/Van,SUV,Electric,Hybrid,Sedan Continue reading Consumer Reports dings EVs, PHEVs on reliability, but that’s not the whole story Consumer Reports dings EVs, PHEVs on reliability, but that’s not the whole story originally appeared on Autoblog on Wed, 29 Nov 2023 12:25:00 EST. Please see our terms for use of feeds. Permalink |  Email this |  Comments

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Inside Maserati’s long-awaited MC12 successor

Maserati’s huge success with the MC12 GT1 over a decade ago meant the Italian manufacturer’s follow-up was always going to be keenly anticipated.Based on the road going MC20, the new Maserati GT2 made its competition debut at Paul Ricard in the final GT2 European Series round of 2023 last month and claimed pole at the first…

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