In the midst of what may well be the greatest electric vehicle debacle of the nascent EV era, General Motors put on a happy face telling investors two weeks ago that all things EV and autonomous were going swimmingly to plan with gumdrops and sugar plums coming on the road ahead. GM claimed before-end-of-year availability for the… Read More
Connecting cars remains one of the most unnatural acts in the world of IoT. “Connected Car” headlines might make you think otherwise, but the reality is that precious few cars on the road today are connected with a live, provisioned and functioning wireless connection. That being said, General Motors claims 16M of those cars
Gamestop isn’t the only source of wild stock market gyrations. In fact, one might argue that the crazy valuations gravy train got its start at a humble little car company called Tesla Motors. Tesla’s stock has more than doubled in value from $400, six months ago, to more than $850 today.
Competing, so-called legacy, auto makers… Read More
General Motors’ announced shut down of the Maven car sharing service was hardly a surprise, especially coming in the midst of the COVID-19 pandemic. By the time of its demise, Maven was only operating in four or five cities, down from a high of 17. The venture was doomed from the start, and its departure is a cautionary tale for
What is it about General Motors? The once largest maker of cars in the world (now sixth or seventh) has been in an all-fronts retreat for years – while Wall Street analysts and top GM brass whistle past the graveyard touting gains in the company’s stock price and profitability.
GM has exited key markets including Europe, India and