by Paul A. Eisenstein | Apr 22, 2019
Today could prove to be a transformative day for Tesla and the auto industry at large, at least if Elon Musk delivers the “full self-driving” vehicle that the battery-carmaker’s CEO Elon Musk has promised to unveil. Tesla has long been a proponent of autonomous...
by Paul A. Eisenstein | Mar 29, 2019
General Motors could turn a large investment into an even bigger profit if the IPO of the nation’s second-largest ride-sharing service goes off as planned today. On Thursday, Lyft announced it was targeting $72 a share for its public debut. At that price, GM’s 18.6...
by Michael Strong | Mar 19, 2019
General Motors Co. could have avoided the latest round of flogging via Twitter from President Donald Trump about its Lordstown, Ohio plant if it had accepted an offer from one of its dealers. Cleveland-based dealer Bernie Moreno reportedly met with GM officials last...
by Paul A. Eisenstein | Mar 14, 2019
Almost exactly a year after an autonomous Uber prototype struck and killed a pedestrian in Tempe, Arizona, a new AAA study finds more than seven in ten Americans “afraid” of riding in a fully autonomous vehicle. That’s despite the fact that 100s of self-driving...
by Paul A. Eisenstein | Mar 5, 2019
Think of the new Nissan IMQ concept vehicle as a rolling crystal ball. Following on the debut of the IMs prototype at the Detroit Auto Show two months ago, the Japanese maker says its latest concept “signals the direction of (its) next generation of crossovers.” Make...
by Paul A. Eisenstein | Mar 4, 2019
Running in the red every single quarter is normally not a good formula for success, though Tesla has shown that deficits aren’t necessarily verboten with investors. So, despite losing more than $2 billion during the last two years alone, Lyft is preparing to go...
by Paul A. Eisenstein | Feb 26, 2019
The Peugeot brand is making its return to the U.S. and Canadian markets, parent Groupe PSA announced Tuesday, but the relaunch of its dealer network could take until 2026 to put in place. The news comes 28 years after Peugeot pulled out of the U.S., a victim of...
by Paul A. Eisenstein | Feb 22, 2019
Nearly a year after announcing plans to combine their ambitious mobility services operations, Mercedes’ parent Daimler and erstwhile rival BMW have announced an array of new joint venture projects that will include car and ride-sharing operations that could challenge...
by Paul A. Eisenstein | Jan 24, 2019
Apple has cut at least 200 jobs at Project Titan, its autonomous vehicle project, sources told TheDetroitBureau.com, a report now confirmed by CNBC. The operation has been underway in near secrecy for several years and had previously gone through several upheavals,...
by Michael Strong | Jan 22, 2019
More and more automakers looking to develop their autonomous vehicles are finding their way to Michigan, and now add Waymo to the list. The Google spinoff plans to produce robot cars at a to-be-determined location in southeast Michigan. The company has been testing...
by Joseph Szczesny | Jan 17, 2019
The Union Auto Workers and union activists are planning demonstration ahead of North American International Auto Show charity preview to protest General Motors’ plans to close five plants. The UAW is organizing a candlelight vigil at the Labor Monument on Jefferson a...
by Paul A. Eisenstein | Jan 16, 2019
With highway congestion getting worse and worse in most major cities, there’s plenty of talk about flying cars and cabs that could leapfrog traffic, and a small Ohio start-up is determined to be the first one to take to the air. More than 90 years after Henry Ford...
