Much of the credit for G.M.’s earnings has gone to a strong car market in the United States, not the company’s improving balance sheet and new models.
The depth of enthusiasm for the company’s first mass-market electrified model, as measured by reservations, has stunned industry analysts.
The depth of enthusiasm for Tesla’s first mass-market electrified model, as measured by pre-orders, stunned industry analysts.
Tesla said 198,000 people booked reservations for the first Model 3 sedans, due out in 2017, demonstrating the potential market for electric vehicles.
Vehicle sales are running at a record pace, which means the car industry is willing to invest in new products and technology.
Automakers are expected to seek changes to mileage targets, which were set when gas prices were higher and fuel economy was more important to drivers.
Low gas prices have meant healthy sales of trucks and S.U.V.s, but automakers are looking ahead to stricter fuel economy rules by showcasing electric and hybrid models.
Low gas prices have meant healthy sales of trucks and S.U.V.s, but automakers are looking ahead to stricter fuel economy rules by showcasing electric and hybrid models.
General Motors and several other car companies are focusing on electric vehicles at the International CES consumer trade show in Las Vegas.
With advances in technology in cars, nine automakers are planning press events at the International CES in Las Vegas this week.