automotive

Volvo, ECARX Team Up To Develop Smart Car System
Volvo, ECARX Team Up To Develop Smart Car System
March 23, 2021  |  Innovation

The Swedish automaker Volvo has joined forces with the smart car tech startup ECARX to develop in-car operation software, the two companies announced on Tuesday...

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Toyota Leads $500 Million Round For Chinese Auto Driving Startup Momenta
Toyota Leads $500 Million Round For Chinese Auto Driving Startup Momenta
March 21, 2021  |  Investments

Momenta is now the recipient of a $500 million investment round led by Toyota in order to provide new technologies like automated HD mapping and...

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Volkswagen Explores Customer Interest In Subscription Model
Volkswagen Explores Customer Interest In Subscription Model
March 19, 2021  |  Subscriptions

Volkswagen wants to gauge customer interest in pay-per-mile billing and on-demand charges for optional car functions through a pilot subscription service due for unveiling this...

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Carvana Invests $500 Million In New Facilities And Staff
Carvana Invests $500 Million In New Facilities And Staff
March 17, 2021  |  Business

Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era...

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Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
March 16, 2021  |  eCommerce

There are a lot of things U.S. consumers associate with the car buying experience. Get the Full Story Complete the form to unlock this article...

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GM Subsidiary Cruise Acquires Self-Driving Car Startup Voyage
GM Subsidiary Cruise Acquires Self-Driving Car Startup Voyage
March 15, 2021  |  Partnerships / Acquisitions

Cruise, a majority-owned subsidiary of General Motors (GM), has scooped up self-driving vehicle startup Voyage, according to a blog post on Monday (March 15). The...

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Daimler, BMW Unload Parking App To Focus On Core Business
Daimler, BMW Unload Parking App To Focus On Core Business
March 09, 2021  |  Partnerships / Acquisitions

EasyPark Group, which works in parking and mobility technology, has announced that it will be acquiring North America’s ParkMobile from Daimler and BMW, according to...

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Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’ Brand
Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’...
March 09, 2021  |  Retail

In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food...

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CarParts.com Reports 90 Pct Rise In Quarterly Sales
CarParts.com Reports 90 Pct Rise In Quarterly Sales
March 09, 2021  |  Retail

CarParts.com, Inc., an eCommerce automotive company, reported as part of its financial results that net sales jumped 90 percent year over year in the fourth quarter...

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