Volvo Car AB must take more control of the software it develops and deploys in its vehicles, new CEO Jim Rowan told Bloomberg Tuesday (March 29). Rowan, who took the helm at Volvo last week after the company announced his hiring in January to replace...
JITpay is set to debut a new fuel card that allows users to pay a fuel bill with a transport order for digital logistics, the companies announced Thursday (March 24). The card utilizes Shell’s application programming interface (API) technology and is set to roll out...
Higher prices and vehicle scarcity at local dealerships are leading to a drop in new car leases, a shift that could mean there are fewer used cars from which to choose in future years, according to a report in The Wall Street Journal Thursday (March...
European car subscription platform FINN has plans to expand its offering to Western Pennsylvania, Massachusetts, Connecticut and Washington, D.C., the Munich-based company announced Thursday (March 24). The announcement follows FINN’s launch in the United States in December. The company initially launched in Eastern Pennsylvania and...
Titus-Will Automotive Group is launching a new fully online and automated pre-owned vehicle website called CarBreezy, according to a press release Monday (March 21). Powered by Cox Automotive’s “Esntial Commerce” platform, CarBreezy enables consumers to find and purchase a pre-owned vehicle in as little as...
Autonomous driving could end up taking thousands of trucking jobs, Bloomberg writes. Driving engineers have been focused on things like long-haul freight, interstate runs without much complexity and other more dangerous jobs. These kinds of routes have reportedly been some of the simpler challenges for...
Not too long ago, it was commonly thought that people shopping for a car would browse on a mobile device but buy in-store or on a desktop computer. After all, the thinking went, who would make a $30,000 purchase on a phone? More recently, however,...
Visa is working with Abu Dhabi-based FinTech Multi Level Group (MLG) on a project designed to promote contactless digital solutions in North Africa. According to a report Thursday (March 10) by Trade Arabia, the collaboration will focus on transit solutions, allowing passengers to pay for...
Uber raised its first quarter guidance Monday (March 7) and said its ride-hailing business is bouncing back from the omicron variant’s disruptions, The Wall Street Journal reported. The ride-sharing giant raised its guidance for adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), from between...
