Hints and tips:
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...Atop his refrigerator, a small balloon dog by Jeff Koons sits on a pile of junk mail. When Riswold was a child living in Seattle, the iconography of the athlete was, for him, all about biography....
...GM will delay building electrified versions of its Chevrolet Silverado and GMC Sierra pick-up trucks at a Michigan plant until 2025, instead of next year....
...Half of those, around 1.5mn vehicles, were “full-sized” pick-ups, such as the Ford F-150 or Chevrolet’s Silverado, the market where the Cybertruck will compete....
...It followed GM’s announcement that it will stop the use of Apple CarPlay or Android Auto on some of its new electric vehicle models in North America, starting with the Chevrolet Blazer EV....
...Recalls of 140,000 Chevrolet Bolt vehicles produced by General Motors due to battery fires cost $2bn — and supplier LG Energy Solution estimates its share of the expense will be $1.2bn....
...Competition among carmakers is heating up in electric commercial vehicles: General Motors unveiled its battery-powered Chevrolet Silverado on Wednesday, a work truck starting at $40,000 and meant to challenge...
...The staggering verdict was $69.3m, paid by the crypto investor Vignesh Sundaresan, known as Metakovan, and it put Beeple in the same price league as David Hockney and Jeff Koons....
...Tesla’s first car, the Roadster, was enough to finally persuade them, he adds, leading directly to the Chevrolet Volt hybrid a decade ago. But GM didn’t follow through....
...Yet the most visible EV models in the US have all been cars, including the Toyota Prius, Chevrolet Bolt and Tesla Model 3....
...It made its creator, whose real name is Mike Winkelmann, the third most valuable living artist at auction, after Jeff Koons and David Hockney....
...In 2012, the year Tesla debuted the Model S, GM sold more than 23,000 Chevrolet Volts, nearly double that of its nearest competitor, the Toyota Prius, and representing 18 per cent of the total US electric...
...Christie’s also recently sold several works from its first-ever sale of monumental sculpture, which was dubbed “Dream Big” and featured works by Richard Serra and Jeff Koons....
...The gloves are off in the Marlborough Gallery feud as both Max Levai, whose role as gallery president was terminated in June, and Marlborough Gallery Inc have filed suits in New York....
...Ford and Chevrolet are expected to launch battery-powered pick-ups in 2021, around the same time the Cybertruck is due to hit the market....
...Both works sold for the same hammer price at auction, $80m, but the higher premium for the Koons sculpture gave it the record. Koons, who turned 64 this year, held the record previously to Hockney....
Individual sales are setting records but money is concentrated at the top of the market only
...This side of his work, which has inestimably impacted artists such as Jeff Koons, is minimised; the show features no dollar bill paintings....
...Since then, blockbuster sales of works by David Hockney, Claude Monet and Jeff Koons, among others, have been held....
...Loeb also sold his 7-foot baroque egg with bow sculpture by the artist Jeff Koons at Sotheby’s in 2009 for $5.5m — more than the $3m he’d bought it for five years earlier but less than its presale estimate...
...GM had previously focused on launching electric and hybrid cars under the Chevrolet brand, including the mass-market Bolt....
...The following year, Alfred Sloan of General Motors unveiled the 1923 Chevrolet, a car with an old chassis but a stylish design that started the Detroit tradition of the annual model upgrade....
...the yen’s rise against the dollar was due to continuing global risk aversion pushing up the Japanese currency’s haven appeal, triggering more algorithmic yen buy orders which escalated the move,” said Koon...
...The sale handily eclipsed the previous auction record held by a living artist, which was set by the American Jeff Koons when his “Balloon Dog (Orange)” sold for $58.4m at Christie’s in 2013....
...At stake was the company’s survival, whether victims would be adequately compensated and the trust of millions of consumers in the GM brands, which include Buick, Cadillac and Chevrolet....
International Edition