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GM's Plan To Make Sub-$30K EVs With Honda Is Not Happening Anymore
Wednesday, October 25, 2023 - 6:46am | 627Japanese automaker Honda Motor Co (NYSE:HMC) is reportedly scrapping its plans to develop affordable electric vehicles with Detroit-based General Motors Co (NYSE:GM). What Happened: Honda is not moving forward with its plans to produce budget-friendly EVs in conjunction with General Motors,...
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Rove Launches Ice Hash Live Rosin
Friday, July 29, 2022 - 10:07am | 401Rove Premier, a new-for-2022 suite of cannabis products from legacy and national cannabis manufacturer Rove, released Ice Hash Live Rosin. Ice Hash Live Rosin is a solventless extract produced through a heritage process utilizing only ice, heat, pressure and water. New Ice Hash Live Rosin by Rove...
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Rove Enters The Missouri Cannabis Market With Black Box Vape Pens
Friday, June 10, 2022 - 9:36am | 393Rove launched its cannabis vape products into dispensaries across Missouri. Produced locally using a solventless CO2 extraction, 10 SKUs of Rove vapes are now available across the region, with more SKUs on the way this summer. All 10 Rove SKUs available in Missouri are strains of Rove's Black...
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GM To Spend $2B On Self-Driving Startup Cruise This Year, Just A Permit Away From Charging Customers
Wednesday, April 27, 2022 - 5:35am | 457General Motors Co (NYSE: GM) CFO Paul Jacobson said on Tuesday the company will spend about $2 billion on its self-driving taxi fleet Cruise this year. What Happened: The legacy automaker said it is just a permit away from being able to begin charging for rides....
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Why General Motors Stock Is Stepping On The Gas Today
Thursday, October 7, 2021 - 11:14am | 219General Motors Co (NYSE: GM) is trading higher Thursday after the company announced plans to double its annual revenue and expand margins to 12% to 14% by 2030. At General Motors' investor meetings, the company detailed how its hardware and software platforms will...
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GM Anticipates Up To $3B Hit From Chip Shortage, Inflation In Second Leg Of 2021
Thursday, June 17, 2021 - 5:01am | 318General Motors Co (NYSE: GM) said on Wednesday the ongoing semiconductor shortage and rising commodity inflation could bring in a $2 billion to $3 billion headwind in the second half of the year. What Happened: The No.1 U.S. automaker expects chip shortage to continue in the second half of 2021...