Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus on manufacturing larger gasoline-powered versions of its popular F-Series pickup trucks. Ford’s decision follows second-quarter EV sales in the U.S....
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the right platform for its growth. First, the sales update. As the major car companies report...
To paraphrase a famous F. Scott Fitzgerald quote, there are no second acts in life. The Gatsby scribe had never met a tech CEO. The business landscape is populated with stories of reinvention, and in some cases, with business leaders who — for lack of...
Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of March 20th, OnStar Smart Driver customer data is no longer being shared with LexisNexis or Verisk,” GM told Ars Technica Friday (March 22). “Customer trust is a priority for...
July 05, 2024
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the right platform for its growth. First, the sales update. As the major car companies report their second-quarter 2024 sales, the results for overall electric vehicle […]
July 04, 2023
According to estimates from the American Automobile Association (AAA), a record number of Americans — 43.2 million people — are expected to be traveling by car this July Fourth weekend....
June 22, 2017
From depositing money to grocery shopping to access to vehicles, unattended retail solutions are stepping up to meet a variety of needs in an age of unattended retail solutions. Unattended...
January 19, 2017
Consumers can rent anything from jewelry to books, even clothes to corporate jets, via subscription services, so why not a luxury vehicle? But who is actually in the market for...
March 24, 2024
Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of March 20th, OnStar Smart Driver customer data is no longer being shared with LexisNexis or Verisk,” GM told Ars Technica Friday (March 22). “Customer trust is a priority for us, and we are actively evaluating our privacy processes and […]
March 13, 2024
Automakers are reportedly anticipating a slower rate of growth in sales of electric vehicles (EVs). While early adopters contributed to a rapid rise in EV sales, mainstream consumers are less...
November 22, 2023
Cruise, the autonomous vehicle unit of General Motors, is reportedly planning to resume its robotaxi service with a more focused approach. After facing safety mishaps and regulatory scrutiny, Cruise has decided to scale...
November 08, 2023
Goldman Sachs is reportedly hoping to offload its General Motors (GM) credit card program. The move, as reported Tuesday (Nov. 7) by the Wall Street Journal (WSJ), marks the latest...
