Stocks expected to have increasing option volume: HTZ CAR GM F STLA TM HMC RACE RIVN TSLA
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GM dealers pressure automaker to introduce more hybrid options
January 29, 2024 12:19 PM ESTIn an exclusive story by The Wall Street Journal Monday, a General Motors (NYSE: GM) advisory committee, made up of influential auto dealers, is pressuring the Detroit automaker to introduce additional hybrid models.
The Dealers worry that without more hybrid options they risk losing customers looking for a slower transition to fully electric vehicles.
According to unnamed sources, the committee has held several meetings where the dealers urged General Motors to add hybrids to its lineup. In recent years, GM has directed its attention toward fully electric vehicles,... More
GM, Honda venture launch commercial production of fuel cell power system
January 25, 2024 2:12 PM ESTDetroits General Motors (NYSE: GM) announced alongside Honda (NYSE: HMC) on Thursday that they have initiated the shipment of fuel cell power systems to customers from a factory near Detroit, marking a new exploration into the potential mass-market success of hydrogen power technology.
The initial production of fuel cell power units will be relatively modest, with Honda executive Jay Joseph... More
