Automotive

Volvo is the first major car company to announce when it will stop developing cars that run on good ol’ internal combustion engines. Starting in 2019, all of Volvo’s new models will be hybrids or electric vehicles. The company has its origins in Sweden, but it’s been owned by Chinese carmaker Geely since 2009. You […]

The $35,000 Model 3 is on track for production this week.

The rise of ride-sharing apps has been tough for old-school rental car agencies. Who wants to pay for a car and parking when a couple of rides might be cheaper? But this week some rental car companies are getting a boost from partnerships with tech firms. Google’s Waymo announced a deal with Avis Budget Group […]

You thought your commute was bad? More than 30 New York City subway riders got hurt this morning after two cars derailed, scraped the side of the subway tunnel and came to a stop. Delays spread throughout the system. It’s the kind of hang-up New Yorkers are sadly accustomed to, with about 70,000 subway delays per […]

There’s news that Ford will cut about 10 percent of its global workforce in an effort to help lift its stock. Ford’s CEO Mark Fields has been out there talking about the future of his company as a “mobility” firm that could offer services like car sharing. These are long-term strategies for Ford’s health, the […]

General Motors has announced record earnings of $12.5 billion last year. The company’s 52,000 hourly workers will take home profit-sharing checks of as much as $12,000. It’s an impressive feat, considering where the company was less than a decade ago. But the car company is not resting on its laurels.

President Trump told the heads of General Motors, Ford and Fiat Chrysler today that he wants to see new auto plants built in the U.S. He signed an executive order to streamline the permitting process for getting domestic manufacturing projects off the ground, the goal being to reduce what he called the “incredibly cumbersome, long, […]