According to Wall Street, Ford is in deep trouble. Shares for the automotive manufacturer fell last week to a point lower than when the new CEO took office in May 2017. The earnings outlook for the year are lower than what was expected in 2017. The company has been given a notice that its credit rating will drop to just above junk status if clear progress is not demonstrated soon. Junk status woul
In 2012, Volvo announcedits innovative Drive Me project, helping to place autonomous vehicles in the hands of potential consumers. Early on, Volvo proclaimed that the manufacturer would have 100 self-driving cars on the road, however, the updated goal is to have 100 people enrolled in the Drive Me program by the end of 2021.The initial phase of this project will involve consumers testing Level 2 v
After years of planning, the Jeep Scrambler, a Wrangler-based pickup truck will begin production between November of 2018 and April of 2019. Much like its Wrangler predecessors, the Scrambler will come with an optional soft top that can be removed or lowered. This makes the Scrambler a convertible vehicle.After making its debut in November of 2017 at the Los Angeles Auto Show, the versatile Jeep S
Business brokers advertising dealerships for sale on LinkedIn are also advertising on other online listing platforms. These dealerships happen to be small ones that have been in business for up three generations. However, in today’s retail automotive environment, it is no longer worth it to operate a successful dealership without significant backing.Some of the big-name dealerships that are
Xiaomi, a Chinese smartphone maker has been dropping hints that it might begin to dabble in building electric vehicles. They are just one tech company following down this path as many people view cars as the next generation of smart devices. More than 200 companies in China have announced plans to build electric cars in the country.In December, Xiaomi revealed in a regulatory filing in India that
Living in a region that experiences the elements of winter weather means snow, ice, and even sometimes salt grime for your vehicle. Unfortunately, this can also lead to blocked sensors and cause them to no longer work.When drivers are aware of where the sensors are on their vehicle and how to keep them clean, they can keep them functioning as they should. Referencing the owner’s manual or as
In December, Singapore launched the city’s first large-scale electric car sharing program. Officials hope that this innovative program will give commuters additional options for getting around and decrease the need and desire for residents to purchase their own vehicles. The car-sharing program will be run by BlueSG for the next decade. BlueSG is part of the Bollore Group out of France.The v
Delphi Automotive has long been one of the top global technology suppliers on the consumer and commercial vehicle market. In December of 2017, Delphi Automotive PLC announced it had completed its split into two different companies. The Powertrain group will be known as Delphi Technologies. It is an independent $4.5 billion dollar company that has begun trading on the New York Stock Exchange. (NYSE
Volvo’s new line of luxury performance electric cars was introduced in late 2017 with the Polestar 1. This is one of three vehicles Volvo plans to bring to market in its new line. With its 4-cylinder Drive-E hybrid engine, this impressive vehicle touts a 600bhp and 1,000nM of torque. The Polestar 1 currently has the longest full electric range of all hybrid vehicles available and can go up t
While many people don’t stop to think about it, a dashcam sees the world differently than you do. This is because your view is processed by your brain. You naturally focus on the center of what you see, and yet still pay attention to what is in your peripheral vision in order to spot anything unexpected. Thanks to a new company AEye, started by Luis Dussan, this may soon change. A new hybri
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