Friday, February 12, 2021

Fleet Truck Friday: Cruise and GM Team Up with Microsoft to Commercialize Self-Driving Vehicles

 



SAN FRANCISCO, DETROIT and REDMOND, Wash. – Cruise and General Motors on Tuesday announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles. The companies will bring together their software and hardware engineering excellence, cloud computing capabilities, manufacturing know-how and partner ecosystem to transform transportation to create a safer, cleaner and more accessible world for everyone.

“Our mission to bring safer, better and more affordable transportation to everyone isn’t just a tech race – it’s also a trust race,” said Cruise CEO Dan Ammann. “Microsoft, as the gold standard in the trustworthy democratization of technology, will be a force multiplier for us as we commercialize our fleet of self-driving, all-electric, shared vehicles.”

To unlock the potential of cloud computing for self-driving vehicles, Cruise will leverage Azure, Microsoft’s cloud and edge computing platform, to commercialize its unique autonomous vehicle solutions at scale. Microsoft, as Cruise’s preferred cloud provider, will also tap into Cruise’s deep industry expertise to enhance its customer-driven product innovation and serve transportation companies across the globe through continued investment in Azure.

Microsoft will join General Motors, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30 billion.

"Advances in digital technology are redefining every aspect of our work and life, including how we move people and goods,” said Satya Nadella, CEO, Microsoft. “As Cruise and GM's preferred cloud, we will apply the power of Azure to help them scale and make autonomous transportation mainstream.”

“Microsoft is a great addition to the team as we drive toward a future world of zero crashes, zero emissions and zero congestion,” said GM Chairman and CEO Mary Barra. “Microsoft will help us accelerate the commercialization of Cruise’s all-electric, self-driving vehicles and help GM realize even more benefits from cloud computing as we launch 30 new electric vehicles globally by 2025 and create new businesses and services to drive growth.”

In addition, GM will work with Microsoft as its preferred public cloud provider to accelerate its digitization initiatives, including collaboration, storage, artificial intelligence and machine learning capabilities. GM will explore opportunities with Microsoft to streamline operations across digital supply chains, foster productivity and bring new mobility services to customers faster.

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About Cruise:
Founded and headquartered in San Francisco, Cruise's goal is to drive change by building the world's most advanced self-driving, all-electric, shared vehicles that safely connect people to the places, things, and experiences they care about. Join our mission at getcruise.com.

About GM:
General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which powers everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, CadillacBaojun and Wuling brands. More information on the company and its subsidiaries can be found at https://www.gm.com.

About Microsoft:
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Forward-Looking Statements
This press release and related comments by management may include forward-looking statements. These statements are based on current expectations about possible future events and thus are inherently uncertain. Our actual results may differ materially from forward-looking statements due to a variety of factors, including: (1) our ability to deliver new products, services and customer experiences in response to increased competition in the automotive industry; (2) our ability to timely fund and introduce new and improved vehicle models that are able to attract a sufficient number of consumers; (3) the success of our crossovers, SUVs and full-size pick-up trucks; (4) our ability to successfully and cost-effectively restructure our operations in the U.S. and various other countries and initiate additional cost reduction actions with minimal disruption; (5) our ability to reduce the costs associated with the manufacture and sale of electric vehicles and drive increased consumer adoption; (6) unique technological, operational and regulatory risks related to our autonomous vehicle regulations; (7) global automobile market sales volume, which can be volatile; (8) our significant business in China which is subject to unique operational, competitive and regulatory risks as well as economic conditions in China; (9) our joint ventures, which we cannot operate solely for our benefit and over which we may have limited control; (10) the international scale and footprint of our operations which exposes us to a variety of political, economic and regulatory risks, including the risk of changes in government leadership and laws (including labor, tax and other laws), political instability and economic tensions between governments and changes in international trade policies, new barriers to entry and changes to or withdrawals from free trade agreements, changes in foreign exchange rates and interest rates, economic downturns in foreign countries, differing local product preferences and product requirements, compliance with U.S. and foreign countries' export controls and economic sanctions, differing labor regulations, requirements and union relationships, differing dealer and franchise regulations and relationships, and difficulties in obtaining financing in foreign countries; (11) any significant disruption at one of our manufacturing facilities could disrupt our production schedule; (12) the ability of our suppliers to deliver parts, systems and components without disruption and at such times to allow us to meet production schedules; (13) prices of raw materials used by us and our suppliers; (14) our highly competitive industry, which is characterized by excess manufacturing capacity and the use of incentives and the introduction of new and improved vehicle models by our competitors; (15) the possibility that competitors may independently develop products and services similar to ours or that our intellectual property rights are not sufficient to prevent competitors from developing or selling those products or services; (16) our ability to manage risks related to security breaches and other disruptions to our vehicles, information technology networks and systems; (17) our ability to comply with increasingly complex, restrictive, and punitive regulations relating to our enterprise data practices, including the collection, use, sharing, and security of the Personal Identifiable Information of our customers, employees, or suppliers; (18) our ability to comply with extensive laws and regulations applicable to our industry, including those regarding fuel economy and emissions and autonomous vehicles; (19) costs and risks associated with litigation and government investigations; (20) the cost and effect on our reputation of product safety recalls and alleged defects in products and services; (21) any additional tax expense or exposure; (22) our continued ability to develop captive financing capability through GM Financial; and (23) significant increases in our pension expense or projected pension contributions resulting from changes in the value of plan assets or the discount rate applied to value the pension liabilities or mortality or other assumption changes.. A further list and description of these risks, uncertainties and other factors can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and our subsequent filings with the Securities and Exchange Commission. GM cautions readers not to place undue reliance on forward-looking statements. GM undertakes no obligation to update publicly or otherwise revise any forward-looking statements.


Wednesday, February 10, 2021

Work Truck Wednesday: Bringing The Workforce AND The Tools And Cargo To The Job!

 






Flying solo is great but being able to bring the workforce and the tools to the job at the same time has multiple advantages. Here's the Chevrolet 2500HD Crew Cab chassis upfitted with the Harbor 8' Service Body. This rig will carry the crew and the tools and cargo and tow a trailer if more cargo is needed.

The truck is equipped with the 6.6 gas V8, automatic transmission, AC, power windows, and door locks, and a host of other features to add function and convenience going to and from job sites. The truck body has Stainless Steel open top lids, MasterLock System, HD material rack, and more. What a great combination to get the work done efficiently and quickly.

See more about this truck here.

See all of our ready to go to work right now inventory at ParadiseFleet.com

You may also contact our commercial/fleet specialists to help you find the perfect truck for your specific business needs at 951-364-2499

Tuesday, February 9, 2021

No Way Norway | Official Big Game Commercial | General Motors


Norway is crushing us at EVs. We have to do better. Are you in? #EVerybodyIn​​

Learn more about our all-electric future at gm.com

Sunday, February 7, 2021

Knapheide's New Saw Body Is Excellent Pairing With Silverado Medium Duty or LCF Chassis


Featuring the all-new Saw Body at The Work Truck Show from Knapheide is designed specifically with concrete cutting construction in mind.

Give Paradise Chevrolet Fleet a call today at 951-364-2499 and let us talk about the perfect truck for your work. See all of our ready-to-go-to-work-today inventory at ParadiseFleet.com

Friday, February 5, 2021

Fleet Truck Friday: The New Teletrac AI Smart Dashcam


For more information visit us at https://www.teletracnavman.com/produc...​. Our HD dual and quad AI cameras record all drive time and provide forward and driver facing views and are built on AI / Edge computing platforms. Infrared technology ensures unparalleled video footage at night or other low light conditions.

Wednesday, February 3, 2021

Working Truck Wednesday IS The Cargo Van!






The cargo van is the single most popular work vehicle on the planet. They begin as an empty shell and can easily be customized for the needs of the owner. This unit has a Masterack shelving system and bulkhead. The bulkhead makes riding in the van much quieter and also is easier to keep cool or warm as desired without heating or cooling the entire van.

Whether you use this as a short-run delivery vehicle or as a contractor carrying tools and things needed for your type of work, the cargo van is a great choice. They are inexpensive, comfortable, easy to get in and out of, and will carry a lot of stuff. 

See more about this unit here.

See all of our ready to go to work right now at ParadiseFleet.com

 

Tuesday, February 2, 2021

All Set - Tools and Technology | Chevrolet Certified Service


At Chevrolet Certified Service, our expert technicians have the tools and know-how to get your Chevy  ready for the road ahead. 

Learn more about Chevy Certified Service here:  http://www.chevrolet.com/certified-se...​