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 eager to transition to the new technology, CNBC reported Wednesday (March 13). The industry has seen EVs’...
For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress toward jettisoning some of its credit card operations, selling GreenSky and moving away from its once-lofty Main Street banking ambitions....
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 back its operations to a single city and shelve plans for Origin, a driverless taxi...
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 in a series of shifts away from consumer lending by the banking giant. Sources familiar...
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. And as connected and autonomous vehicles gain in popularity, the greater is the chance that more of these connected cars will hit the road this […]
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...
