Latest News Articles

Holden Posts Profit for 2015; Continues to Build Bright and Sustainable Future as A Vehicle Importer Beyond 2017

Posted By GMbeat on Articles - As Holden continues its transition to a full-line importer and National Sales Company (NSC), it has posted a combined $128. 2 million after-tax profit for the 2015 calendar year. This result reinforces that Holden is profitable for the long term on its imported vehicle portfolio.

Some riders will start using Lyft’s self-driving taxis within a year

Posted By GMbeat on Articles - Some Lyft riders will be stepping inside driverless cars within a year, the company said Thursday. As part of its partnership with GM, the ride-hailing service says tests using self-driving Chevrolet Bolts will take place in a yet-to-be-named U. S.

Buying Right (with video)

Posted By GMbeat on Articles - Steve Kiefer has a big checkbook. As head of Purchasing for General Motors he awards billions of dollars of contracts to suppliers across the globe. But he doesn’t just hand out money. He has to make sure that he’s giving it to the right partners and they deliver high quality products for GM vehicles. Easier said than done. On this week’s show John McElroy’s special guest is Steve Kiefer, the Global VP of GM Purchasing and Supply Chain. Joining John on his panel are David Welch of Bloomberg and Doron Levin from Fortune.

Chevy Cars Banned From Iran After Supreme Leader Criticized US Imports

Posted By GMbeat on Articles - While Peugeot will start producing cars in Iran from late 2017 and Audi is considering a market entry, things have taken an awkward turn for Chevrolet.

GM & Lyft Set To Test Self-Driving Taxis Within A Year

Posted By GMbeat on Articles - It hasn’t taken General Motors long to figure out how to spend its $500 million investment in Lyft. A month after the carmaker said it would use some of those funds to rent SUVs to prospective drivers, the partners unveiled plans to begin testing self-driving taxis on public roads in California.  The Wall Street Journal reports that the two companies will begin testing a fleet of self-driving Chevrolet Bolt electric taxis within the next year.

Is The “Sharing Economy” Sharing Your Data With Law Enforcement?

Posted By GMbeat on Articles - Airbnb and VRBO are shaking up the hospitality industry by letting anyone with a spare room become an innkeeper. Uber and Lyft are disrupting the for-hire car market by letting you turn your car into a taxi. While these new platforms might be opening up the so-called “sharing” economy, some of them may also be a bit too willing to share user data with law enforcement.