In recent days, several automotive executives have discussed scaling back their EV and battery production plans and started talking up the advantages of hybrids. Much of this was tied to thoughts that company’s overestimated the demand for electric vehicles, especially in light of the flattening of sales in recent months. GM CFO Paul Jacobson pumped the brakes on that notion. Get details at Headlight.News.
Kyle Vogt is out as CEO of Cruise, GM’s robocab subsidiary. The move comes barely two months after a near fatal crash that many blame on a culture that downplays risk. Vogt took responsibility for the company’s current mess before tendering his resignation. Headlight.News looks at Cruise’s troubles and where it goes next.
In a surprise to many, the tentative deal between General Motors and the United Auto Workers was a close vote that, at one point, looked like it might fail. However, the final vote is in and the workers approved a new 4.5-year contract. Get details at Headlight.News.