GM will be executing on its EV ambitions in 2024, says CEO Mary Barra
By Brian Sozzi, Yahoo Finance executive editor
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By Brian Sozzi, Yahoo Finance executive editor
The Mercedes-Benz W196R Silver Arrow Juan Manuel Fangio drove to victory at the 1955 Dutch Grand Prix. It will be displayed at the automaker's exhibition at ModaMiami in Florida.
There’s never been a bigger crop of electric vehicles to choose from, and there are many more to come. Heck, some of them are even worth getting excited over. There are a host of EVs arriving in 2024 and 2025 have us itching to get behind the wheel.
Autoweek heard from sources at General Motors and Ford about how each automaker is addressing the dip in EV enthusiasm and sales. At General Motors, AW reports, "plug-in hybrid versions of the Chevrolet Silverado and GMC Sierra are headed to market, in a hurry."
"We're not going to dilute our investment with hybrids"—is what General Motors President Mark Reuss told Business Insider in 2022. But apparently the company has had a change of heart. During an investor briefing last month, CEO Mary Barra announced new plug-in hybrid models, with reports indicating the Chevrolet Silverado and GMC Sierra PHEVs are on the way.
General Motors said Tuesday it has temporarily paused sales of 2024 model year Chevrolet Colorado and GMC Canyon mid-size trucks to fix intermittent software quality issues.
General Motors, Ford and Stellantis are engaged in a race that investors are cheering now, but may look back on as foolish within a few years.
The chief executives of U.S. automakers Ford and General Motors said on Thursday they would consider partnerships to cut electric vehicle technology costs as Chinese rivals move into the U.S. and European markets.