Carvana’s shares surged the most since the start of the pandemic after the debt-ridden automobile retailer topped Wall Street’s earnings estimates and predicted a return to an adjusted pretax profit this quarter. Adjusted earnings before interest, taxes, depreciation and amortization will be positive in the second quarter following a “strong start to the year,” according… Continue reading Carvana soars most since 2020 on narrower-than-expected loss
Author: Detroit News Online
Zombie cars are all around us, and more are on the way
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Top drop-tops: Here are 5 of the best convertibles for 2023
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Hemphill: Toyota’s BEV strategy may be the most environmentally friendly
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Waymo robotaxis make more inroads in Phoenix, San Francisco
Self-driving car pioneer Waymo announced Thursday that its robotaxis will be able to carry passengers through most of the Phoenix area for the first time. The company’s cars will also start to pick up more volunteers for testing the autonomous vehicles traversing the more challenging conditions in San Francisco. The expansion marks the next leg… Continue reading Waymo robotaxis make more inroads in Phoenix, San Francisco
BMW: Don’t drive older models with Takata air bag inflators
Detroit – BMW is warning the owners of about 90,000 older vehicles in the U.S. not to drive them due to an increasing threat that the air bags might explode in a crash. The warning covers vehicles from the 2000 through 2006 model years that previously had been recalled to replace faulty and dangerous air… Continue reading BMW: Don’t drive older models with Takata air bag inflators
Payne: Remixed Chevy Trax thinx outside the breadbox
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Automakers move cautiously even after robust Q1 results
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Thompson: UAW creates blueprint for accountability
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UAW demands Biden support ‘top wages’ for EV workers before endorsing
This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from… Continue reading UAW demands Biden support ‘top wages’ for EV workers before endorsing