As automakers seek to make their vehicles more connected, a network outage proves there are still some wrinkles to iron out.
Continue Reading the above article 'Tesla lockouts expose cloud drawbacks...
CarLotz is the latest online used-vehicle outlet to go public in the past few months, following Vroom and Shift. How will it differentiate itself? "We are consolidating all the middlemen into one middleman."
Continue Reading the above article 'CarLotz's go-public goal: Streamline sales...
With just 50 engineers, one drivable truck and 40,000 preorders, cash-flush Lordstown Motors will not only need every single thing to go right to launch its EV truck next year, it'll also need some luck.
Continue Reading the above article 'Lordstown's challenge: Starting deliveries of Endu...
Painter said his new venture will not be a consumer-facing subscription provider but rather offer services to subscription providers.
Continue Reading the above article 'Former Fair CEO Scott Painter to launch subscripti...
Paul Jacobson will become GM's next finance chief on Dec. 1 after eight years as CFO of Delta. He will be the first CFO from outside the company in a decade.
Continue Reading the above article 'GM lands Delta exec as next CFO...
The Future of Mobility Commission plans to propose a new regulatory framework to address a global transportation sector "on the cusp of a worldwide transition driven by shared, connected, autonomous, and electric technologies."
Continue Reading the above article 'Auto executives, business leaders to propose moder...
Despite sales being down as a result of COVID-19's impact on the supply chain, American Axle reported net income and adjusted free cash flow growth in the third quarter.
Continue Reading the above article 'Coronavirus dings American Axle Q3 sales by $87 mi...
Lear's improvement in sales is hinged on increased market share, considering global production for Lear declined 3 percent during the quarter compared with a year earlier.
Continue Reading the above article 'Lear swings to strong Q3 earnings as industry catc...
Waymo and other industry experts say the report is the first of its kind in terms of the breadth of detailed safety information provided, and it could set a benchmark for the entire industry.
Continue Reading the above article 'Waymo provides trove of new safety information...
The announcement comes just days after the German company struck a deal with Alphabet Inc.'s Waymo to use its driverless technology on heavy trucks.
Continue Reading the above article 'Daimler invests in lidar startup Luminar to bolste...