General Motors Co. CEO Mary Barra and her leadership team has recently outlined the company's plans to capitalise on the future of personal mobility by owning the customer relationship beyond the vehicle, building upon nearly two decades of connectivity leadership.
GM also said it plans to strengthen its core business through global growth initiatives and an aggressive product launch cadence, while continuing to focus on driving cost efficiencies. As a result, the company expects to increase its earnings per share and generate significant shareholder value. The company shared its plans with investors during a conference at its Milford Proving Ground.
"The convergence of rapidly improving technology and changing consumer preferences is creating an inflection point for the transportation industry not seen in decades," said Barra. "Some might find this massive change to be daunting, but we look at it and see the opportunity to be a disruptor. We believe our decades of leadership in vehicle connectivity is fundamental to our quest to redefine the future of personal mobility."
During the conference, company leaders announced several product-related initiatives focused on making GM's vehicles more advanced, safer and more fuel efficient. They also outlined alternative transportation initiatives GM is exploring.
Autonomous Vehicle Deployment: GM announced that late in 2016 it will add a fleet of 2017 Chevrolet Volts designed to drive autonomously within its renovated Warren Technical Center campus. GM employees will reserve a Volt using a car-sharing app, then select a destination.
GM's autonomous technology will bring the vehicle to its destination and park it. The program will serve as a rapid-development laboratory to provide data and lessons to accelerate the company's technical capabilities in autonomous vehicles. GM has been testing its "Super Cruise" autonomous driving technology since 2012, and confirmed today the feature will be available in the 2017 Cadillac CT6.
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