General Motors (GM) officially declared that it will shut down its assembly operations in both Colombia and Ecuador. This decision shifts focus to national vehicle marketing and after-sales services. Today, GM starts winding down Colombia’s Colmotores plant, operational since 1956. The OBB plant in Ecuador will follow, ending activities by August 2024. Despite these closures, […]
Related Posts
Global Aircraft Defense: The Rise of Missile Detection Systems
The rise of infrared-guided missiles poses a serious risk to military aircraft globally. HENSOLDT leads in developing advanced countermeasures with its Missile Launch Detection System (MILDS), particularly the AN/AAR-60 model. This system offers crucial protection by detecting missile exhaust plumes early, thus enabling effective counteractions. Integrated into various aircraft, including the Belgian Air Force’s F-16 […]
Cosan’s Moove Aims for Lucrative NYSE Debut, Eyeing $1.9 Billion Valuation
Cosan Group has set the stage for a significant financial move by planning to list its lubricants subsidiary, Moove, on the New York Stock Exchange. Moove, which produces the Mobil brand in Brazil, could debut with a valuation of up to $1.945 billion. This subsidiary specializes in automotive and industrial lubricants. Cosan, owning 70% of […]

Hop in, no driver needed for this future ride-hailing robotaxi
Automaker Zeekr and autonomous driving technology company Waymo have joined forces to create a groundbreaking autonomous vehicle designed specifically for ride-hailing services. The result of this collaboration is the Zeekr RT, the world’s first mass-produced, purpose-built autonomous vehicle, which is now ready for delivery to Waymo for robotaxi testing. This partnership combines Zeekr’s expertise in […]