Bill Ford: $11 billion investment will make profit per vehicle “remarkable” | How to avoid the steps to the sale that …

On today’s CBT Newscast for Wednesday, January 17th, 2018: Steve Stauning: How to avoid the steps to the sale that customers dislikeAs a dealership, you have salespeople who know a lot about the customer’s buying process and how to initiate it. Steve Stauning, author, contributor to CBT Magazine, and founder of SteveStauning.com, says knowing the… Continue reading Bill Ford: $11 billion investment will make profit per vehicle “remarkable” | How to avoid the steps to the sale that …

Q&A with Alfonso Albaisa, Senior Vice President, Global Design, Nissan Motor Company

Can you begin by telling us a little about yourself?I wanted to be a designer for as long as I could remember. I didn’t realise that there were any other fields until I was a little bit older, because my dad was an architect, and my uncles were architects, so I thought that was all… Continue reading Q&A with Alfonso Albaisa, Senior Vice President, Global Design, Nissan Motor Company

Carmakers have less than a decade to reinvent themselves or die, warns Sergio Marchionne

Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Carmakers have less than a decade to reinvent themselves or die, warns Sergio Marchionne

German car production stalled as union calls more 24 hour strikes

Workers attend a 24-hour strike by German industrial trade union IG Metall in Berlin, German. [Photo/Agencies] FRANKFURT – Car factories across Germany were at a standstill on Friday as industrial workers staged a third day of 24-hour strikes, focusing on plants owned by Mercedes-Benz, Porsche, Audi and BMW. The full-day walkouts were union IG Metall’s… Continue reading German car production stalled as union calls more 24 hour strikes

Mahindra Drives its Electric Range of Vehicles to Uttar Pradesh

Mahindra Drives its Electric Range of Vehicles to Uttar Pradesh Launches its range of all-electric vehicles – e2oPlus, eVerito and eSupro in Uttar Pradesh e-Alfa Mini, Mahindra’s electric rickshaw for passenger movement, was launched in Uttar Pradesh, in September, 2017 Vehicles to be available in Lucknow, Agra and Kanpur Lucknow, February 5, 2018: Mahindra &… Continue reading Mahindra Drives its Electric Range of Vehicles to Uttar Pradesh

Exclusive: Electric Vehicle Firm Byton To Raise New Round From Chinese State Investor At $1.2B Valuation

China officially has five electric vehicle companies valued at US$1 billion or more, as China Money Network has learned that Byton, an EV start-up rooted in China, is currently seeking a new financing round at a minimum valuation of US$1.2 billion. Byton, previously known as Future Mobility Corp, last raised around US$200 million at a… Continue reading Exclusive: Electric Vehicle Firm Byton To Raise New Round From Chinese State Investor At $1.2B Valuation

Volvo Cars reports record operating profit of SEK14.1 billion in 2017

Volvo Cars reports record operating profit of SEK14.1 billion in 2017   Volvo Cars, the premium car maker, has reported a strong 27.7 per cent increase in operating profit in 2017, earning a record SEK14.1 billion compared to SEK11.0 billion in 2016, driven by global sales of 571,577 cars.   Net revenue for the period… Continue reading Volvo Cars reports record operating profit of SEK14.1 billion in 2017

First European Customers Receive Their Ford GT Supercars

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading First European Customers Receive Their Ford GT Supercars

Elon Musk’s self-driving strategy still doesn’t include LiDAR

Elon Musk’s vision of autonomous driving differs from a lot of Tesla’s competitors in that he’s been adamant that LiDAR isn’t a core component of his approach. It’s a stance that provokes a lot of debate among experts in the field, many of whom, including former Tesla employees, disagree that full autonomy can be managed… Continue reading Elon Musk’s self-driving strategy still doesn’t include LiDAR

Jon McNeill Joins Lyft as Chief Operating Officer

Today, we are incredibly excited to share that Jon McNeill will be joining Lyft as Chief Operating Officer. Jon is a world-class leader who brings deep experience as a highly successful entrepreneur and game-changing transportation executive. Last year, the Lyft community experienced more growth than in all previous years combined, growing rides by 2.3x and… Continue reading Jon McNeill Joins Lyft as Chief Operating Officer