Ride-hailing company Lyft has reportedly raised $500m in a new round of funding that valued the company at about $7.5bn. Uber's rival has been trying to raise investment for some time to enter new markets. In the first quarter of this ...
Tags: Lyft, Ride-hailing
Worldwide Natural Gas Commercial Vehicles 2017 Research Report presents a professional and complete analysis of Global Natural Gas Commercial Vehicles Market on the current situation. In the first part, the report provides a general ...
Tags: Commercial Vehicles, Natural Gas
US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...
General Motors (GM) and Honda are investing $85m each into a joint venture (JV) that intends to start mass production of hydrogen fuel cells by 2020. The JV, Fuel Cell System Manufacturing, will operate within GM's existing battery pack ...
Alpine 4 Technologies is providing Elio Motors its 6th Sense Auto and BrakeActive products, as well as related manufacturing, data sharing and engineering resources. Elio Motors, based in Phoenix, is a high-profile startup vehicle ...
Tags: Elio Motors, BrakeActive products
Toyota said it will boost SUV production at an Indiana factory with a $600m investment, which could add 400 jobs. The investment is part of the company’s strategy of localisation to build vehicles where they are sold. It will be ...
WiTricity is working with General Motors (GM) to test an advanced wireless charging system prototype for electric vehicles. The companies are working together to test WiTricity's Drive 11 park and charge system, designed for maximum ...
Tags: WiTricity, General Motors
In a somewhat ironic twist as we’re seeing the importation of some of the first China-built models from Buick and Volvo to the U.S. market comes a report from Automotive News that General Motors is planning on selling a limited number ...
Tags: Colorado Trucks, Buick, Volvo
General Motors' personal mobility brand, Maven continues to expand and has started its business in Los Angeles, California. In nine months, Maven has grown to nine markets: Ann Arbor, Michigan, Baltimore, Boston, Chicago, Detroit, Los ...
Tags: General Motors, car-centric city
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
General Motors’ personal mobility brand Maven and Uber Technologies have joined hands to offer people who want to drive and earn money on the Uber platform the option to lease qualified vehicles by the week or longer at discounted ...
Tags: Maven, Uber, General Motors
General Motors (GM) and IBM have joined hands to bring the power of OnStar and IBM Watson together to create OnStar Go, the auto industry’s first cognitive mobility platform. Starting in early 2017, OnStar is expected to give ...
Tags: GM, IBM, Driving Experience
Opel has inaugurated a new global propulsion system center at its Rüsselsheim headquarters in Germany and the facility. Prime Minister of the federal state of Hesse Volker Bouffier, who took the opportunity to take a close look at ...
Tags: Opel, Global Propulsion Systems
Continental Tire the Americas (CTA) announced a voluntary recall involving 14,567 passenger tires after discovering potential contamination to the belt package that occurred during the production process. This potential contamination may ...
Tags: Continental Tire, Passenger Tires