Rents impacted by new transit options, new study details

Few things can guarantee a premium price for new housing like transit access. Demand so far outstrips supply in the United States, that the relative handful of walkable, transit-rich neighborhoods often become the most expensive places to live in their respective cities. A study by the National Association of Realtors and the American Public Transit… Continue reading Rents impacted by new transit options, new study details

GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing

GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing 2018-05-02 GO Motor Retailing Limited (GMRL), trading as GO Vauxhall, has acquired 4 additional Vauxhall sites from NOW Motor Retailing in Kingston, Heathrow, Hayes and Staples Corner. The sites will transition into the existing GO Vauxhall London portfolio and will grow… Continue reading GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing

Lyft commits $1.5 million to help people who lack access to transportation

Lyft is committing $1.5 million to its Relief Rides program. The idea has historically been to better support people during times of crisis, such as natural disasters or other emergency situations. Now, Lyft is expanding its reach to help people who many need rides to job interviews or medical appointments. One of the partners Lyft… Continue reading Lyft commits $1.5 million to help people who lack access to transportation

Car manufacturer: Opel works council stops churn of employees

Opel Employees are currently being prevented from leaving the company. (Photo: AP) At the car manufacturer Opel emigration workers are currently prevented from leaving the company. The works council has as announced Some 70 termination agreements were not approved, which should take effect on 1 May. The people are with it for the time being… Continue reading Car manufacturer: Opel works council stops churn of employees

Carmakers’ April sales rise 7.5 pct on demand recovery

By Choi Kyong-ae SEOUL, May 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 7.5 percent last month from a year earlier due to recovering demand and popularity of new models, corporate data showed Wednesday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp.… Continue reading Carmakers’ April sales rise 7.5 pct on demand recovery

Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

LAS VEGAS, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology leader in mobility, announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available… Continue reading Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

GM to provide loans to Korean unit, state-run bank to receive shares: sources

SEOUL (Reuters) – General Motors’ (GM.N) planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter said on Wednesday. FILE PHOTO: An employee works… Continue reading GM to provide loans to Korean unit, state-run bank to receive shares: sources

BMW, GM, Ford and Renault launch blockchain research group for automotive industry

Car makers BMW, General Motors, Ford and Renault are the big names behind a new group announced today to explore the potential of the blockchain in the automotive and mobility space. MOBI — the Mobility Open Blockchain Initiative — launches today with over 30 founding members that also include Bosch, Blockchain at Berkeley, Hyperledger, Fetch.ai, IBM and IOTA. The… Continue reading BMW, GM, Ford and Renault launch blockchain research group for automotive industry

Ford CEO Hackett’s decision to dump cars ‘may prove fatal’

Ford’s new CEO, Jim Hackett, just announced a bold strategic move for America’s most enduring automaker: abandoning the car business. Hackett completely reversed former CEO Alan Mulally’s full-line strategy to focus on trucks and SUVs. A 3 percent jump in Ford’s stock price validated Hackett’s decision, but that adrenaline shot could be short-lived. Jettisoning automobiles… Continue reading Ford CEO Hackett’s decision to dump cars ‘may prove fatal’

Lyft partners with Udacity to hire self-driving car engineers

Lyft is teaming up with Udacity to find talent for its Level 5 autonomous driving engineering team. The partnership entails a challenge designed to identify the best candidates in Udacity’s self-driving car engineer nanodegree program. Called the Lyft Perception Challenge, the idea is to test problem-solving skills around perception for autonomous vehicles. The competition, which… Continue reading Lyft partners with Udacity to hire self-driving car engineers