-
Recent Posts
- UAW Files Unfair Labor Practice Against American Axle
- Stellantis FaSTLAne 2030 Financial Reform Revealed
- Memorial Day Weekend Gas Prices Highest in Four Years
- Chinese Dongfeng Voyah Vehicles Coming to EU Via Stellantis
- Stellantis, Jaguar Land Rover Sign MOU on Tech Development
- Volvo Cars and Google Gemini Add AI Tech
- HondaJet APMG S Upgrade Expands to Mexico
- May 2026 Light Vehicle Production Forecast is Down Again
- Chrysler Recalls Jeep Cherokee Models for PTU Failures
- Coming Soon Chinese-Built Jeeps?
- BMW N.A. Starts Preferred Pricing at IONNA Charging Sites
- Trumped – National Average for Fuel Prices Climbing Yet Again
- First Glance – Acura Hybrid SUV
- BMW Group to Convert Preferred Shares to Common
- California Starts $1 Billion Rebate Program for Electric Trucks
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Autonomous – GM Ups Stake in Cruise and Buys out Softbank
Cruise has made self-driving cars a reality and is arguably the leader on the pathway to commercial autonomous ridesharing and delivery, creating significant value for both GM shareholders and Cruise’s minority shareholders. Since Cruise was founded in 2013, it has run more than 2 million autonomous miles in California. It has 300+ all-electric AVs on roads in San Francisco and Phoenix. Funding is more than $9 billion with ~1900 employees, with a market valuation of, gulp, +$30 billion. Continue reading →