GM sets up engine company for Cadillac F1 entry

GM, TWG Motorsports launch new company for Cadillac’s F1 venture
GM and TWG signed an agreement in principle with Formula 1 to add an 11th team under its Cadillac brand. The new company will focus on developing powertrains for the
GM and TWG Motorsports launch powertrain development for Cadillac’s Formula 1 team
GM and TWG Motorsports team up to make Cadillac a "full works" F1 team by 2026, led by industry leader Russ O’Blenes.
Motor racing-GM sets up engine company for Cadillac F1 entry
General Motors has set up an engine company to turn its planned Cadillac Formula One entry into a full works team by the end of the decade, the carmaker said on Thursday. The Liberty media-owned sport last November announced an agreement in principle for the team,
General Motors sets up new engine company
US car company General Motors sets up a new engine company as it gears up for its prospective entry into Formula 1.
General Motors Forms New Company For Cadillac F1 Team's Future Power Units
General Motors along with TWG Motorsports is forming a new company named GM Performance Power Units LLC. The primary focus of this new entity is the development
Cadillac F1 Wants to Become a Full Works Team by 2030
General Motors announced Thursday morning the creation of a new business: GM Performance Power Units LLC. The new entity is tasked with helping the new Cadillac Formula 1 outfit become a “full works” team by the turn of the decade.
Cadillac forms new company to build post-Ferrari F1 engines
The new venture will produce Cadillac’s in-house power unit for F1 beyond its deal with current supplier Ferrari
General Motors Learns a Valuable Lesson With $10 Billion "Mistake"
It's a hard lesson, but extremely valuable, and General Motors ( GM -1.88%) is currently in the process of learning it after ...
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General Motors' China Q4 Sales Rise 41% Q/Q on Strong NEV Deliveries
General Motors Company GM and its joint ventures concluded 2024 with impressive momentum in China, achieving a 40.6% quarter-over-quarter increase in fourth-quarter deliveries, totaling nearly 600,000 ...
Top GM designer Simcoe to step down; Bryan Nesbitt to take role
Michael Simcoe will retire after 42 years with General Motors. Bryan Nesbitt, who currently heads global design for Cadillac, ...
1 Reason Why GM Stock Is Soaring Above Rival Ford
In the next graphic, you can see that as abruptly as GM began repurchasing shares, its stock began to take off. That's to be ...
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GM appoints Bryan Nesbitt to design chief as Michael Simcoe retires
General Motors (GM) appoints Bryan Nesbitt as Senior Vice President of Global Design as Michael Simcoe is set to retire this ...
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GM is top selling automaker in US as 2024 sales tick up, EVs gain momentum
GM once again has sold the most cars in the U.S. last year. Its sales gain was on the strength of its pickups, vehicle ...
Revving Up: Why General Motors Is Posed For A Breakout Year
General Motors trades at an extremely low valuation, under 6x earnings, despite high-quality earnings and strong cash flow.
GM notches best sales since 2019 as all brands see annual growth
GM continued to see especially healthy sales in both its full-size SUVs and pickups, while also reaching new records for ...
GM's Formula 1 Engine Shop Will Be Based in Charlotte
General Motors's Russ O'Blenes, director of the engine team behind the roaring Cadillac GTP, will lead the new operation in ...
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General Motors (GM) Stock Falls Amid Market Uptick: What Investors Need to Know
General Motors (GM) closed the most recent trading day at $51, moving -1.89% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.16%. On the other hand, ...