Ramin Talaie/Corbis via Getty Images Lyft might not sit idle while Uber leaps into the bike sharing space. The Information sources have claimed that Lyft is close to acquiring Motivate, the bike sharing behemoth responsible for New York City’s Citi Bikes and San Francisco’s Ford GoBikes. Neither company has agreed to comment on the move… Continue reading Lyft is reportedly close to buying the company behind Citi Bike
Tag: Ford
UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel
BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) departing Chief Executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 billion) in electric and hybrid cars in a bid to double operating profit by 2022. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car… Continue reading UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel
TABLE- Top 20 vehicles sold in US in May
June 1 (Reuters) – The following are the 20 top-selling vehicles in the United States in May as reported by the automakers and ranked by total units: RANK VEHICLE May-2018 May-2017 PCT CHNG 1 Ford F-Series P/U 84,639 76,027 +11.3 2 Ram P/U 46,781 44,850 +4.3 3 Nissan Rogue 38,413 32,533 +18.1 4 Toyota RAV4… Continue reading TABLE- Top 20 vehicles sold in US in May
Ford Motor Co’s Canada auto sales slide in May
June 1 (Reuters) – Ford Motor Co on Friday reported a 3.3 percent drop in Canadian auto sales in May. Total car sales for the month slumped 17.4 percent to 4,634 from a year earlier, while total trucks sales fell marginally to 28,723. (Reporting by Taenaz Shakir in Bengaluru; Editing by Anil D’Silva) Go to… Continue reading Ford Motor Co’s Canada auto sales slide in May
Canada auto sales fall marginally in May
(Reuters) – Canada’s auto sales recorded a small dip in May as strong sales of light trucks failed to offset slowing demand for passenger cars. Overall auto sales fell 0.7 percent in May, with passenger cars posting a 9.4 percent decline to 68,070 units, according to research firm DesRosiers Automotive Consultants. In contrast, light truck… Continue reading Canada auto sales fall marginally in May
UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel
BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) Sergio Marchionne laid out his final strategic vision as chief executive on Friday with a focus on sport utility vehicles and a 9 billion euro ($10.5 billion)investment plan for electric and hybrid cars. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car dealership in New Jersey,… Continue reading UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel
Ford India sales up 11% to 26,188 units in May
NEW DELHI: Ford India has reported 11.42 per cent rise in total sales at 26,188 units in May against 23,503 units in the same month last year. The company said its domestic sales stood at 9,069 units last month as against 6,742 units in May 2017, up 34.51 per cent. Exports grew to 17,119 units… Continue reading Ford India sales up 11% to 26,188 units in May
UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp (9984.T) will invest $2.25 billion in General Motors Co’s (GM.N) autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up nearly 13 percent. The move by SoftBank’s $100-billion Vision Fund is one of… Continue reading UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar
Trump moves to impose tariffs on imported cars
Gregory Korte and Todd Spangler, USA Today and Detroit Free Press Published 10:34 a.m. ET May 23, 2018 | Updated 10:32 p.m. ET May 23, 2018 President Donald Trump speaks during a meeting with automotive executives in the Roosevelt Room of the White House, Friday, May 11, 2018, in Washington. From left, Environmental Protection Agency… Continue reading Trump moves to impose tariffs on imported cars
Taking Getaround for a spin: Can the Airbnb model work for renting your neighbor’s car?
Using a smartphone app, I was able to rent someone’s car in Seattle — this nice 2008 Nissan Rogue — and drive it around for a few hours thanks to a new service in town called Getaround. (GeekWire photo / Kurt Schlosser) Over the past decade, we’ve been conditioned to be comfortable with the notion of… Continue reading Taking Getaround for a spin: Can the Airbnb model work for renting your neighbor’s car?