Tagged: general motors

Goldman Sachs Remains Focused on Embedded Finance with its General Motors (GM) Collaboration

Goldman Sachs (NYSE: GS) is reportedly moving forward with its embedded finance plans. The investment bank’s collaboration with General Motors (GM) (NYSE: GM). This is the most recent step taken to capitalize on this growing Fintech trend. Goldman Sachs had taken over issuing the General… Read More

Detroit-based General Motors Files Patent Application for a Blockchain-based Navigation Map System that Regularly Updates Itself

Detroit-based General Motors (GM), a multinational corporation that manufactures vehicles and vehicle parts, and sells financial services, has filed a patent application for a navigation map system that regularly updates itself. The system will use blockchain or distributed ledger technology (DLT) to gather data from… Read More

BMW, General Mootors, Honda, Ford Partner With Mobility Blockchain Initiative to Develop Automated Payments System

A group of automobile manufacturers will reportedly be testing a blockchain-enabled vehicle identification network in November.  According to the Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault have partnered with the Mobility Open Blockchain Initiative (MOBI) in order to develop a system that… Read More

Elio Motors Appoints Former GM Manufacturing Executive As Plant Manager of Shreveport Facility

This week, Elio Motors, Inc. (OTCQX: ELIO) announced it has appointed former manufacturing executive of General Motors (NYSE: GM), Doug Frick, as plant manager for its Shreveport production facility.  Frick, who has been dubbed as Elio Motors’ first plant manager, is a 20-year auto industry veteran. He… Read More

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