A 2018 Alfa Romeo Giulia is shown during a media preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: Erik S. Lesser, EPA-EFE/REX/Shutterstock) The term generic might imply a reasonable, cost-effective choice at the grocery store, but Fiat Chrysler Automobiles CEO Sergio Marchionne says it’s no way to think about cars.… Continue reading Marchionne: Even with autonomous vehicles, brand identity will be key
Tag: GM
GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit
General Motors Co. defied a softening auto market with a surprise prediction that profit will remain steady this year and grow in 2019 thanks to a wave of new trucks and SUVs. Earnings this year will be consistent with the record result the company pre-reported on Tuesday. While GM is going to grapple with costs… Continue reading GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit
GM posts strong 2017 despite losses
General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. was the only Detroit automaker to post a net loss in 2017, down $3.9 billion as it adjusts for the new tax law and takes one last hit from the money-losing European business it sold… Continue reading GM posts strong 2017 despite losses
Driving Lyft Forward – Your 2018 DAC
In 2016, we announced the first-of-its-kind Driver Advisory Council. Now we’re continuing our tradition of engaging driver community leaders in cities across North America by announcing a new DAC. Feedback from the Lyft community inspired us to choose a diverse group of drivers from different backgrounds who best represent our core values, from Los Angeles… Continue reading Driving Lyft Forward – Your 2018 DAC
New! Long trip alerts, ratings protection, and more
We know you work hard for your ratings, and that your time is valuable. So we’ve made improvements that prioritize both — and are among drivers’ most-requested updates. Read on for more details: Ratings Protection We launched an update to passengers’ ratings screens that helps protect you from issues out of your control — because things… Continue reading New! Long trip alerts, ratings protection, and more
After profit beat, GM looks to trucks, SUVs to rev up margins
DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent. The automaker posted better-than-expected quarterly results as cost cutting and higher vehicle prices offset a double-digit decline… Continue reading After profit beat, GM looks to trucks, SUVs to rev up margins
GM reports $3.9 billion loss for 2017
General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. reported Tuesday a loss of $3.9 billion in 2017, due largely to charges related to the new tax law and the Opel-Vauxhall sale, in what the company characterized as a very strong year. Even though… Continue reading GM reports $3.9 billion loss for 2017
GM CEO Mary Barra says too many women quit their jobs for the wrong reason
When it comes to General Motors, you might say that CEO Mary Barra is ride or die. At 18, she started working for GM as a way to help pay for her college tuition. Her gig, inspecting hoods and fender panels of the Pontiac Grand Prix, turned out to be the first step in a lifelong… Continue reading GM CEO Mary Barra says too many women quit their jobs for the wrong reason
General Motors enters losses in 2017 due to Trump’s new tax reform and the sale of Opel to PSA
Posted 06/02/2018 14: 42: 54CET DETROIT (UNITED STATES), 6 Feb. (EUROPA PRESS) – General Motors (GM) recorded net losses attributable of 3,864 million dollars (about 3,131 million euros at the current rate) in 2017, compared to 9,427 million dollars (7,642 million euros) of profit obtained in the previous year, according to data published by the… Continue reading General Motors enters losses in 2017 due to Trump’s new tax reform and the sale of Opel to PSA
Byton & Aurora
With Byton Aurora has a new cooperation partner in the development of autonomous driving. Aurora had one recently partnership agreement With VW and Hyundai closed and now comes the Chinese startup Byton. The startup has at CES with his prototypes advertised, which is electrically powered. This sensation has probably attracted more partners. Aurora and Byton… Continue reading Byton & Aurora