Ford SUVs Power 8% Sales Growth in Europe; Ford Fiesta, Transit, Ranger Lead Segments

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 Ford SUVs Power 8% Sales Growth in Europe; Ford Fiesta, Transit, Ranger Lead Segments

Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba Group

Beijing-based bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s biggest rivals. Ofo and Mobike are the two largest bike-sharing companies in China. Other participants in the round, which consists of equity and debt financing,… Continue reading Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba Group

SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY

Reinforcing our innovation ecosystem is one of our top 2018 priorities following the January launch of our new TechCenter in Silicon Valley. We’re excited to be at the heart of open collaboration that’s connecting the automotive industry to start-ups, universities and tech entrepreneurs to explore the car of the future. To highlight this, we opened… Continue reading SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY

Lyft says it passed $1 billion in GAAP revenue in 2017

Ride hailing company Lyft says it booked over $1 billion in GAAP revenue for 2018, and showed revenue growth of 168% in Q4 versus the prior year’s quarter. That growth is nearly 3 times as fast as Uber, which saw a 61% increase in revenue in Q4 vs a year ago. It’s also claiming 10… Continue reading Lyft says it passed $1 billion in GAAP revenue in 2017

Lyft says its revenue is growing nearly 3x faster than Uber’s

Lyft made a lot of progress in 2017, helped by strong market expansion within the U.S., and riding some very bad news from its primary rival Uber. That’s helped it grow revenue to over $1 billion as measured by GAAP standards for its fiscal 2017, with a particularly strong Q4 during which its revenue outpaced… Continue reading Lyft says its revenue is growing nearly 3x faster than Uber’s

Right on Schedule for E-Mobility

Story Brand Wolfsburg, 10 March 2018 Right on Schedule for E-Mobility Volkswagen is making excellent progress. In 2017, the brand sold more cars than ever before – a clear indication of rebounding consumer faith. That is why brand chief Herbert Diess will be able to   …more 1The car is not for sale yet.

Diesel: the solidarity of German manufacturers is cracking

Matthias Müller detonates more and more against other German champions: the leader of Volkswagen declared open last week to the introduction in Germany of a blue sticker, so far flatly rejected by the industry for which the This is tantamount to banning de facto millions of diesel vehicles from the most polluted cities in the… Continue reading Diesel: the solidarity of German manufacturers is cracking

Toyota Connected North America Partners with Avis Budget Group to Enhance Customer Rental Experience

Toyota Connected North America, the global technology strategy business unit for Toyota, today announced a multi-year partnership with Avis Budget Group, a leading global provider of mobility solutions, that will add 10,000 Toyota vehicles to Avis Car Rental’s expanding fleet of connected cars. Avis Budget Group will utilize Toyota’s proprietary Mobility Services Platform (MSPF) to… Continue reading Toyota Connected North America Partners with Avis Budget Group to Enhance Customer Rental Experience

Aggression against Autonomous Vehicles | DMV report

As the DMV tells, this year it has already come twice to rage against autonomous vehicles. The factor human has other behaviors than just unintentionally error to commit. Man can also go crazy, perhaps with preference in traffic. 2017 Chevrolet Bolt EV © General Motors Regularly, businesses that work in California to test the autonomous… Continue reading Aggression against Autonomous Vehicles | DMV report