In the Tuesday lawsuit, Texas alleges that GM "profited handsomely" by selling driver data to insurance companies, while neglecting to inform car owners that their information could be sold to other businesses. "At no point did General Motors inform customers that its practice was to sell any ...
The automaker is accused of selling customer information to “several other companies,” including data brokerage firms. According to the class action, at least two of these firms generated “Driving Scores,” which were then sold toinsurancecompanies. These scores could be used by i...
GM presents both wholesale and total vehicle sales data to assist in the analysis of our revenue and market share. Wholesale vehicle sales data consists of sales to GM's dealers and distributors, as well as sales to the U.S. government, and excludes vehicles sold by our join...
A report exposing how GM sold customer data led to higher insurance premiums has the automaker doing damage control
we — a person cannot buy a vehicle without having proof of insurance. So we are right there able to offer it and not have to do a lot of the advertising that other insurance companies have to do. So we think we’re well situated to disrupt auto insurance. And I’m very pleased wit...
Higher interest rates have strained consumer purchasing power, leading to a decline in the average selling price (ASP) for Tesla’s vehicles. Despite this, Tesla's strategic pricing adjustments and financing options have helped maintain demand. The company’s cash flow is another bright spot. ...
The company has always depended on external outsourcing companies and relied on them. So, in 1984, she acquired Electronic Data Systems (EDS), which later assumed the task of providing all GM IT services. This company is now owned by HP. General Motors is more dependent on outsourcing than ...
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A chance encounter prompted Tommy Wheeldon Jr. to leave England in 2002 to play for the Calgary Storm of the now-defunct A-League. Twenty-two years later, Wheeldon is still in Calgary.
closing, and I said, ‘You know, this country has done a lot for General Motors,’” adding that he encouraged Barra to maintain GM’s operations in Ohio. He said he was putting “a lot of pressure” on GM to come up with alternatives to cars that aren’t selling, like the Chevy ...