Uber Posts Positive Q1 Earnings After Tough 2017

Uber Posts Positive Q1 Earnings After Tough 2017

After nearly a year of problems and attempts to rectify them, including the addition of a new CEO, Uber Technologies’ first quarter results reveal some of the positive impact of changes implemented across the ride-sharing company. Uber reported net income of $2.5...
Flexibility Will Drive Success of Autonomous Vehicles

Flexibility Will Drive Success of Autonomous Vehicles

Automakers appear to have moved on from if they can produce self-driving vehicles to what might they look like once the technology is ready — and if one automaker is correct, the sky will be the limit. And to put a twist on an old phrase, you’ll get to pick the color...
Toyota Earnings Jump, Despite Rising U.S. Incentives

Toyota Earnings Jump, Despite Rising U.S. Incentives

Toyota saw earnings jump 21% between January and March, the final quarter of its fiscal year, despite having to sharply ramp up incentives in a slowing U.S. automotive market. The automaker reported a profit of 480.8 billion yen, or $4.4 billion, up from 398 billion...
Aptiv Starts Self-Driving Experiment in Las Vegas

Aptiv Starts Self-Driving Experiment in Las Vegas

Aptiv, the company created by Delphi Technologies to focus on new mobility market, smart vehicle architectures and connected cars to connected cities, has launched a fleet of 30 autonomous vehicles in Las Vegas as part of the Lyft network. The vehicles will operate on...
More Than 100 Uber Drivers Accused of Sex Crimes

More Than 100 Uber Drivers Accused of Sex Crimes

For much of the eight years of its existence, Uber has billed itself as a safe alternative for drivers who can’t, don’t want to or shouldn’t be behind the wheel. How safe is Uber is really in question now that it has been revealed by CNN that 103 Uber riders have...
VW Using Deal With Didi to Aid Autonomous Development

VW Using Deal With Didi to Aid Autonomous Development

Volkswagen’s pending partnership with Didi Chuxing to build and maintain a fleet of vehicles not only gives the Chinese behemoth a tighter grip on the ride-share market in its home country, it will accelerate VW’s development of autonomous vehicles. As part of the...