GW Blog

One giant leap towards more sustainable cars.Yesterday, General Motors and Honda announced an $85 million joint venture to manufacturing fuel cells for cars starting in 2020.  The two automakers started collaborating on fuel cell development in 2013, but the new JV will up the ante by turning their combined research into a bigger reality. Compared to batteries, fuel cells offer longer range and are quick to refuel, so more fuel cells means more options for zero-emissions cars coming our way.

As you may be aware, the Consumer Electronics Show (CES) and the Detroit Auto Show were held last week.  Once the place for tech geeks, CES is now where automobile manufacturers and technology firms introduce the technology that could power the next generation of vehicles which I wrote about last week.  Here are some great summaries of the event not to be missed:

According to the NADA, "2016 has been an excellent year for the auto industry as we end with about 17.5 million new-car sales." NADA Chairman, Jeff Carlson said,  "It seems timing is on our side. In the regulatory and legislative arenas, NADA continued to hold its defensive line with the Consumer Financial Protection Bureau's intrusion into our business. We worked hard to gain traction for the critical Senate Bill 2663, which aims to curb the CFPB's regulatory overreach.