GM: changes logo from "caps" to 'lower case" to show focus on EVs. Posted January 11, 2021.
Ford: will stop manufacturing in Brazil
in 2021 as part of a restructuring plan meant to cut costs and increase
efficiency. The company is
closing two plants immediately and a third later in the year, affecting about 5,000 workers. Announced/posted January 11, 2021.
Hyundai and Apple partner: link here. Posted: January 10, 2021.
General Motors Co. in 2020 dethroned rival Ford Motor Co. in Detroit’s closely watched “truck wars,” securing the top slot in the lucrative market for large pickup trucks.
For the first time since 2015, GM outsold Ford in large pickup trucks, a category that generates the bulk of global profits for each auto maker.
U.S. sales of GM’s two pickup models—the Chevrolet Silverado and GMC Sierra—rose 3.9% last year, to 839,691 trucks, even as industrywide sales sank nearly 15% amid disruption from the Covid-19 pandemic.
Ford’s F Series line, which includes its F-150 truck as well as the larger Super Duty, fell 12%, to 787,422, the company said Wednesday.
The rivalry among GM, Ford and Fiat Chrysler Automobiles NV’s Ram brand—which combined dominate the U.S. market for large pickups—has become more intense as that category has grown as a share of the overall vehicle market.
Large pickups accounted for 16.7% of overall sales last year, up from 12.5% in 2015.