GM heavy-duty The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

GM plans to invest over $1 billion to produce the next generation electric pickups

Jaelyn Campbell - June 5, 2023

On June 5, General Motors announced its plans to invest more than $1 billion in two Michigan plants to produce its next-generation heavy-duty trucks. The investment includes $788 million to prepare its Flint Assembly plant to build...

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Stellantis, GM fined for failing to meet U.S. fuel economy requirements

Jaelyn Campbell - June 5, 2023

Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years. The National Highway Traffic Safety Administration, which administers the Corporate...

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A probe into the NHTSA found systemic issues relating to defect investigations which officials claim could place U.S. drivers at risk

New report says NHTSA falls behind schedule, fails timeliness standards

CBT News Staff Writer - June 2, 2023

A probe into the National Highway Traffic Safety Administration's (NHTSA) ability to conduct investigations in a timely manner found systemic issues which officials claim could place U.S. drivers at risk. The...

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In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening.

Debt ceiling vote: default avoided but uncertainty remains

CBT News Staff Writer - June 2, 2023

In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening. Having now cleared the House and Senate, the bill...

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Strong May sales for Honda are the result of both high demand and rising supply

Jaelyn Campbell - June 2, 2023

May marked Honda's third consecutive monthly increase after a stretch of declines. Which was prompted by severe inventory shortages that resulted from tight microchip supplies and shipping issues. America Honda reported...

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VW unveiled its ID. Buzz for the U.S., deliveries set to begin next year

Jaelyn Campbell - June 2, 2023

The much-awaited North American version of VW's ID. Buzz electric microbus, which will begin delivery next year, has been unveiled. Similar to the two-row European specification, the new ID. Buzz version...

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The NHTSA has submitted a proposal to make automatic emergency braking systems a required safety measure in all new vehicles

Automatic emergency braking to be mandatory under new NHTSA proposal

CBT News Staff Writer - June 1, 2023

The National Highway Traffic Safety Administration (NHTSA) has submitted a proposal to make automatic emergency braking systems (AEB) a required safety measure in all new vehicles. AEB systems rely on various...

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Kia and its parent company Hyundai published monthly reports for the U.S. showing higher auto sales numbers throughout May

Hyundai and Kia report higher auto sales for May, see EV segment grow

CBT News Staff Writer - June 1, 2023

Kia and its parent company Hyundai published monthly reports for the U.S. showing higher auto sales numbers throughout May than during the year-prior period. Hyundai Motor America's retail sales climbed 8% from May 2022....

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Lucid aims to raise $3 billion from Saudi Arabia’s PIF

Jaelyn Campbell - June 1, 2023

In a move that sent shares of the luxury EV manufacturer down 9% after market hours, Lucid revealed its ambitions to raise around $3 billion through a public offering, with...

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Toyota strengthens its electrification commitment with BEV production and new investments

Jaelyn Campbell - June 1, 2023

In an effort to advance its commitment to vehicle electrification and building where it sells, Toyota is assembling an all-new three-row battery electric SUV at Toyota Kentucky beginning in 2025. The...

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GM plans to invest over $1 billion to produce the next generation electric pickups

Stellantis, GM fined for failing to meet U.S. fuel economy requirements

New report says NHTSA falls behind schedule, fails timeliness standards

Debt ceiling vote: default avoided but uncertainty remains

Strong May sales for Honda are the result of both high demand and rising supply

VW unveiled its ID. Buzz for the U.S., deliveries set to begin next year

Automatic emergency braking to be mandatory under new NHTSA proposal

Hyundai and Kia report higher auto sales for May, see EV segment grow

Lucid aims to raise $3 billion from Saudi Arabia’s PIF

Toyota strengthens its electrification commitment with BEV production and new investments

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