The five secrets to Ferrari’s success as a luxury brand
This year, Ferrari for the first time surpassed Hermès as the most valuable luxury company in the world as measured by
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General Motors Co
GM reports best U.S. quarterly sales since 2020
Electric vehicle deliveries increased 40% compared to a year earlier to 21,930 units. Still, EVs made up only 3.2% of
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How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
The Synapse collapse has revealed fintech's promise of safety as a mirage. More than 100,000 Americans with $265 million in
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Waymo opens robotaxi service to all San Francisco users
Waymo said nearly 300,000 people have signed up for the service, called Waymo One, since the Alphabet-owned company opened its
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U.S. auto sales are expected to slow during the second half of 2024
Vehicle inventory levels are growing, incentives are increasing and there's growing uncertainty surrounding the economy, interest rates and U.S. election.
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Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Menlo Ventures, an early Uber investor, just led a $21 million round of funding in Kinetic, a startup making EV
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Top BofA auto analyst says Detroit automakers need to exit China as soon as possible
The rise of local Chinese automakers, such as BYD and Geely, has put growing pressure on Detroit automakers. Source link
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Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
Consumer adoption for EVs has grown slower-than-expected, costs have risen and investor interest in EVs other than Tesla has dried
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Used EV price crash keeps getting deeper with ‘premium’ brand idea history
The gap between used EV prices and traditional used car prices has widened to thousands of dollars. Source link
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