It’s an iconic part of the Detroit skyline but, with General Motors moving its headquarters to a downsized alternative the fate of the massive Renaissance Center complex has been uncertain, some calling for its demolition, others hoping to find an alternative use. Now, GM is looking at a solution that’s a bit of both as it proposes a massive new “waterfront destination.”
General Motors
Rivian Secures $6.6B DOE Loan to Build Georgia EV Plant
Georgia politicians can now breathe easier as Rivian’s plans to build an electric vehicle production plant about an hour north of Atlanta appear to be back on track. The California-based EV maker secured a $6.6 billion loan from the Department of Energy to build the plant, which was put on hold earlier this year. The loan comes in addition to $1.5 billion in state incentives already granted. Details at Headlight.News.
GM Finally Gets Green Light to Join Formula 1
After being shown the black flag about a year ago, General Motors and TWG Global agreed to a deal to have Cadillac in the starting F1 grid in 2026. The deal will also have the Cadillac Formula 1 Team tracking to be a “full works” team by 2030. Get details at Headlight.News.
Hyundai Might Sell Rebadged General Motors Trucks
Hyundai and General Motor’s developing partnership might include Hyundai selling rebadged versions of GM’s trucks according to a wild new report.
Seven of Nine Finalists for North American Car, Truck and SUV of the Year are Electrified
Battery power appears to have electrified the jurors of the North American Car, Truck and SUV of the Year awards. Eight of the nine finalists are offered in all-electric or hybrid form. Here’s who’s on the list.
Job Cuts Growing as Automakers Fret About the Future
Automakers in the U.S., Europe and Japan have announced thousands of job cuts over the past month and there’s growing concern the pace could increase as the industry moves into an uncertain new year, with a new presidential administration in Washington threatening to upend automotive rules and regulations — and possibly the economy, as well. Check out the story at Headlight.News.
Headlight.News For The Week of 11-18-2024
In this week's episode of the podcast we talk about how Ford got the second-largest fine ever issued by the NHTSA while Cruise Automotive also pays a fine of its own. We also talk about Hyundai's newest CEO and go for a spin in the Honda Prologue EV before we take a...
Trump and Republicans Ready to Pull Plug on EV Incentives
If anyone hoped that Tesla CEO Elon Musk being named to President-elect Donald Trump’s staff might mean a reprieve for the tax credits created during the Biden administration — guess again. Those credits are as good as gone. Find out more at Headlight.News.
GM’s Cruise Division To Pay $500k Fine For False Report To DOJ
GM’s autonomous vehicle unit Cruise is on the hook for a $500,000 fine for filing a false report to the Justice Department regarding an accident in October where a pedestrian was run over.
Global Electric Vehicle Sales Charged Up in October
As automakers revamp their electric vehicle strategies, October’s global sales results may give them reason to rethink it again. EV sales jumped 35% last month with China leading the way. Find out more at Headlight.News.
Return of the Rotary: Mazda Green Lights the Iconic SP Sports Car
A dozen years after killing off its last rotary-powered model, the RX-8, Mazda has given the go to the Iconic SP Sports Car which will bring back the Wankel engine back into production, President Katsuhiro Mogo and other officials have confirmed. Here’s what we know.
Trump Election Crimps UAW Political Influence
The 2024 election cost organized labor — especially the UAW — influence in Washington, D.C. It also handed an old foe, Tesla CEO Elon Musk, more sway over industry and labor in the new administration. Get the story at Headlight.News.