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Opinion: What’s Behind the Uber Marketing Massacre?

Opinion: What’s Behind the Uber Marketing Massacre?

It’s not been a good couple weeks for the ride-sharing industry, on the whole. Cruise Automation, the General Motors autonomous technology unit, has indefinitely delayed the launch of its self-driving service. And Lyft, the second-largest U.S. ride-share operation,...
Ford Pushes Ahead with Detroit Neighborhood Redevelopment

Ford Pushes Ahead with Detroit Neighborhood Redevelopment

Ford Motor Co. celebrated the one-year anniversary of the acquisition of Michigan Central Station in Detroit by opening an information center at The Factory at Corktown, a few blocks from the station. “We’ve learned a lot from local residents and businesses over the...
Faraday Future Rescued — Again

Faraday Future Rescued — Again

It’s often said that cats have nine lives. Faraday Future must be the automotive equivalent of a feline considering the number of times the battery-car start-up has been bailed out. Months after laying off the majority of its workforce and slashing pay for those...
Ford China 2.0: Automaker Kicks Off Second Act in China

Ford China 2.0: Automaker Kicks Off Second Act in China

When it comes to its newest business blueprint for China, Ford Motor Co. is going by the numbers, specifically Ford China 2.0. That’s what the automaker dubbed its reworked business plan for the world’s largest auto market where it has been perpetually behind its...
Volvo Raises $677M With New Bond Issue

Volvo Raises $677M With New Bond Issue

More than half a year removed from squelching a run at a stock market listing, Volvo Cars raised 600 million euros, or $677 million, with a new bond issue on Tuesday. The new issue is the second in the last year for the Swedish/Chinese automaker, which is owned by...