The company is spending $11.5 billion electrifying its vehicle lineup, but it isn't aiming to be the next Tesla. It wants to be the next Peloton.
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The company is spending $11.5 billion electrifying its vehicle lineup, but it isn't aiming to be the next Tesla. It wants to be the next Peloton.
At the Toyota Research Institute's Automated Vehicle Test Facility, near Toledo, Ohio, engineers work in the safety of an isolated test environment to develop tomorrow's automated driving technology.
As the pandemic rages on, retailers often find themselves in conflict with consumers who expect more social distancing and mask-wearing or who resent being told to follow protocols. The tension has caused some of the most negative — and positive — online reviews and social media posts that reputation experts have seen.
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."
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.
As automakers seek to make their vehicles more connected, a network outage proves there are still some wrinkles to iron out.
Painter said his new venture will not be a consumer-facing subscription provider but rather offer services to subscription providers.
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.
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."
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.
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.
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.
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.
Top-line growth at the online used-vehicle retailer, like its peers and competitors, remained strong but below the pace of prior quarters, largely because of inventory shortages.
Ford's Active Drive Assist will be offered first on the redesigned F-150 pickup and the electric Mustang Mach-E, both of which go on sale later this year. But the feature will not be activated until the third quarter of 2021.
Splitting out the unit that supplies batteries to Tesla and other automakers will cement the South Korean supplier's status as a key challenger to China’s Contemporary Amperex Technology Co. as global demand for electric vehicles rises.
After decades of focusing on making and selling cars, Toyota is increasingly turning to partners to help develop expensive new vehicle technologies as it tries to transform itself into a mobility services company.
The automaker controlled by Volvo Cars and Zhejiang Geely Holding is in advanced talks with investors to raise $800 million to $900 million, according to Reuters, while Bloomberg reported that the figure is at least $500 million.
The electric vehicle maker said the transaction will fund development of the Ocean SUV through the start of production in late 2022.
Top-line growth at the online used-vehicle retailer, like its peers and competitors, remained strong but below the pace of prior quarters, largely because of inventory shortages.
The Transportation and Treasury departments argue the spectrum shift could jeopardize safety and put the U.S. at a competitive disadvantage in vehicle connectivity and smart infrastructure.
Degenhart is likely to be succeeded by the head of the supplier's automotive operations, Nikolai Setzer, Bloomberg reported, citing people familiar with the matter.
Lawyers for the men sought the last-minute delay after the State Department approved handing them over to Japan, where they face charges of helping smuggle the former Nissan chairman out of the country.
The supplier, which recently acquired Delphi Technologies, saw sales growth in its drivetrain business.
The supplier, which recently acquired Delphi Technologies, saw sales growth in its drivetrain business.