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NHTSA says newer model year vehicles are safer

by deeperkins | May 10, 2018 | Uncategorized

Newer model year vehicles are less likely to kill passengers, according to data released by NHTSA. Source: Auto Feed

Used-car retailer Carvana Q1 net loss expands

by deeperkins | May 10, 2018 | Uncategorized

Online used-car retailer Carvana’s first-quarter net loss widened to nearly $53 million, while revenue and vehicle sales both more than doubled to records. Source: Auto Feed

Ford CEO: We're 'reinventing' the car, not trying to kill it

by deeperkins | May 10, 2018 | Uncategorized

CEO Jim Hackett says the company doesn’t intend to lose customers with decision to ax sedans in favor of SUVs and pickups; Bill Ford says he remains frustrated by lagging stock price Source: Auto Feed

Magna posts record Q1 net income, sales

by deeperkins | May 10, 2018 | Uncategorized

Global auto parts giant Magna International posted record net income of $660 million in the first quarter of 2018, up 14 percent from a year ago. Source: Auto Feed

Uber opens up international contest for a third flying taxi city

by deeperkins | May 10, 2018 | Uncategorized

Uber re-opened a contest to select the first international city to launch its proposed flying taxi project, following apparent delays in getting the service off the ground in Dubai. Source: Auto Feed

GM Korea rescue calls for stake lock-in, regional HQ

by deeperkins | May 10, 2018 | Uncategorized

GM will stay in South Korea for at least 10 years and set up its Asia-Pacific headquarters in the country, according to terms of the deal rescuing the struggling unit. Source: Auto Feed
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