Drew Phillips It seems like everyone has a car subscription service, with automakers like BMW, Volvo, Lincoln, Lexus and Mercedes offering up their vehicles Netflix-style. While we knew that Mercedes’ plan was set to go live in Nashville and Philadelphia this June, now we know the price of that sweet new ride. According to a… Continue reading Mercedes-Benz car subscriptions will start at $1,095 per month
Tag: Ford
Alternative Fuel Vehicle (AFV) Market Report 2017-2027 – Visiongain Report
LONDON, June 5, 2018 /PRNewswire/ — Forecasts by Fuel Type (Gaseous, Electric, Others), by Vehicle Type (Two-Wheelers, Passenger Cars (Battery Electric, Hybrid Electric, Gaseous & Other), Commercial Vehicles (Battery Electric, Hybrid Electric, Gaseous & Other) plus Analysis of Top Companies Developing BEV, HEV, LNG, CNG, LPG, Biofuel, Bio-Diesel & Fuel Cell Technologies The increasing demand… Continue reading Alternative Fuel Vehicle (AFV) Market Report 2017-2027 – Visiongain Report
Press Releases – Post-2020 CO2 targets: Cars must be affordable and rechargeable, auto industry says
Brussels, 5 June 2018 – One month before key votes on future CO2 targets for cars in the European Parliament, and a few weeks before discussions amongst EU environment ministers, members of the European Automobile Manufacturers’ Association (ACEA) have re-iterated their commitment to decarbonisation, as well as their concerns about the consequences of a poorly-managed… Continue reading Press Releases – Post-2020 CO2 targets: Cars must be affordable and rechargeable, auto industry says
Heavy factory, dealer discounts fuel US truck price war
(Reuters) – Heavy discounts of up to $16,000 per vehicle are fueling a “truck war” among full-size pickups sold in the United States by the Detroit Three, a Reuters analysis shows. Strong U.S. sales this year of the highly profitable big trucks have helped offset lagging passenger car sales. But it is not clear how… Continue reading Heavy factory, dealer discounts fuel US truck price war
CarBlock joins The Mobility Open Blockchain Initiative
CarBlock announced that it has joined MOBI, the Mobility Open Blockchain Initiative, to explore blockchain and distributed ledger technology (DLT) for use in the development of a digital mobility ecosystem that could make transportation safer, more affordable, and more widely available. CarBlock is collaborating with the MOBI and other industry, government, and non-profit partners to… Continue reading CarBlock joins The Mobility Open Blockchain Initiative
Ken Garff Buys Henry Day Ford
SALT LAKE CITY, June 4, 2018 /PRNewswire/ — Ken Garff Automotive Group has purchased Henry Day Ford, effective June 1, 2018, combining the expertise of two premier, family-owned auto companies in Utah. “We whole-heartedly welcome the Henry Day dealership, its employees and customers into the Ken Garff family,” said John Garff, CEO, Garff Enterprises, Inc.… Continue reading Ken Garff Buys Henry Day Ford
Ford begins production of new EcoSport in Russia
Ford Sollers, Ford’s joint venture in Russia, has started production of the new Ford EcoSport small SUV at its state-of-the-art manufacturing facility in Naberezhenye Chelny, in Russia’s Tatarstan region. Speaking at the production launch ceremony last week, Steven Armstrong, president, Ford of Europe, Middle East and Africa, said: “Ford has a long heritage and global… Continue reading Ford begins production of new EcoSport in Russia
Lyft is reportedly close to buying the company behind Ford GoBike and Citi Bike
Lyft is getting close to acquiring Motivate, the company responsible for Ford GoBike in the San Francisco Bay Area and Citi Bike in the New York City area, The Information reports. The deal will reportedly be worth at least $250 million. Lyft declined to comment and Motivate wasn’t available for comment at the time of… Continue reading Lyft is reportedly close to buying the company behind Ford GoBike and Citi Bike
China’s automaker Protean Electric closes $40m Series E round
June 4, 2018 Chinese automaker Protean Electric has closed a $40 million equity investment in its series E funding round led by Shenzhen-listed Weifu High-Technology Group and existing investor Oak Investment Partners. According to a press release, the funding will be utilised to support Protean’s ongoing business activities and to help establish a global licensing… Continue reading China’s automaker Protean Electric closes $40m Series E round
Volvo Cars’ global sales up by 13.3 per cent in May
Volvo Cars’ global sales up by 13.3 per cent in May Volvo Cars’ sales momentum continued in May with global sales up 13.3 per cent compared with the same month last year, as the premium carmaker grew in all its main markets. In the first five months of 2018, sales grew by 13.6… Continue reading Volvo Cars’ global sales up by 13.3 per cent in May