Reuters — About 5,000 General Motors salaried workers took buyouts to leave the company, putting the company well on the way to hitting a US$2 billion cost-cutting target, the automaker’s […] Read more
GM buyouts cut 5,000 jobs, CFO says
Not much more room seen to raise prices
GM’s truck production cut signals a turn in U.S. auto sales
Company to idle Indiana plant for two weeks
Detroit | Reuters — New vehicle sales in the United States are expected to increase in February, but the decision by General Motors to cut production of large pickup trucks […] Read more
Ford, GM upgrade their heavy-duty pickup profit machines
New features aimed at business productivity
Detroit | Reuters — Ford Motor Co. on Tuesday took the wraps off the latest version of its Super Duty pickup, providing a look at how the U.S. automaker will […] Read more
GM CEO says ‘we are selling every truck we can build’
Rising fuel prices not seen undermining big truck demand, yet
Detroit | Reuters — General Motors CEO Mary Barra said on Monday the automaker is “selling every truck we can build” and expanding North American truck-building capacity, even as U.S. […] Read more
Deere tapping into Apple-like tech model to drive revenue
'Hopefully the costs will be paid back in the long run'
Bondurant, Iowa | Reuters — Deere and Co. has sold its tractors and other equipment to farmers for decades, but the world’s largest agriculture machinery manufacturer is tearing a page […] Read more
GM to chase rivals with US$105,000 electric Silverado
Less expensive retail Silverado EV to follow in 2024
Detroit | Reuters — General Motors’ US$35 billion electric vehicle strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup with […] Read more
Deere says its robo-tractors are ready to till the fields
Detroit | Reuters — Deere and Co. said Tuesday it will start commercial delivery this year of technology that enables a tractor to till a field without an operator in […] Read more
GM’s pickup money machine gets a technology tuneup
Silverado ZR2 to appeal to extreme off-roading segment
Detroit | Reuters — General Motors will give its best-selling Chevrolet Silverado large pickup truck models a makeover next spring to fix competitive shortcomings that have left Chevy in third […] Read more
Deere, Bear Flag aim to automate tractors as ‘fast as possible’
Reuters – U.S. tractor maker Deere & Co said on Thursday it would buy tech startup Bear Flag Robotics for $250 million, with the goal of developing over the next […] Read more
Ford wires its electric trucks for business customers
Tesla, GM seen positioning electric pickups as 'lifestyle vehicles'
Detroit | Reuters — Ford Motor Co.’s newly revealed electric version of its best-selling F-150 pickup doubles down on a bet that the company can beat Tesla and other rivals […] Read more
Cyber-Savvy Farmer
