NEW YORK (AP) — Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday. The two automakers will become…
NEW YORK (Edmunds) - Young athletes today compete year-round in a variety of clubs and travel to tournaments, usually with staggering amounts of equipment. Vehicle support is often key, and to that end, Edmunds has collected its picks for the…
PORT ALLEN, La. — On Thursday, May 31, Gov. John Bel Edwards, joined by Port of Greater Baton Rouge and Louis Dreyfus Company (LDC) officials, committed State of Louisiana capital outlay funds to complete a $20 million rail project that…
DETROIT (AP) — Would you pay more for a car or SUV that warns you if you're falling asleep or not paying attention behind the wheel? Auto companies are figuring that because your life could depend on it, you will.…
BATON ROUGE, La. – Today, the Louisiana Senate Judiciary A Committee voted two-to-one to advance legislation that would create a statewide framework for ridesharing, just as over 40 states across the country have done. The bill has passed the house overwhelmingly each year…
ZWICKAU, Germany (AP) — Over 115 years the auto industry in the east German town of Zwickau has lived through wrenching upheavals including World War II and the collapse of communism. Now the city's 90,000 people are plunging headlong into…
NEW YORK (Edmunds) - A popular selling point for electric vehicles is the notion that you never have to stop for gas. Your "gas station" is in your garage — simply plug in your vehicle to charge it overnight. But what…
DETROIT (AP) — U.S. safety regulators are investigating whether General Motors went far enough when it recalled about 3,000 small pickup trucks in 2016. The National Highway Traffic Safety Administration will determine if GM should recall about 115,000 Chevrolet Colorado…
NEW YORK (AP) — Drivers for ride-hailing giants Uber and Lyft turned off their apps to protest what they say are declining wages at a time when both companies are raking in billions of dollars from investors. Demonstrations took place…
FRANKFURT, Germany (AP) — BMW lost money making cars in the first quarter as its automotive division was hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for…
DETROIT (AP) — A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. GM announced the investment from a group led by T. Rowe Price on Tuesday and said it…
PHOENIX (AP) — When Chris Williamson was in the market for a new family car, a timely ad and conversations with a co-worker convinced him to try something out of the ordinary. He bought a BMW 3 Series convertible and…
BATON ROUGE, La. – On Monday, April 29, the Louisiana House of Representatives unanimously passed a statewide framework for ridesharing in Louisiana, just as more than 40 states across the country have passed. Now, Louisianians have the opportunity to call on…
NEW ORLEANS – The New Orleans Public Belt Railroad Corporation (NOPB), a wholly owned subsidiary of the Port of New Orleans (Port NOLA), has named M.D. (Mike) Stolzman as its new general manager, effective immediately. Stolzman, a highly respected railroad…
DETROIT (AP) — Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings. Ford Motor Co. will become a minority…
Tesla has lost nearly $6 billion since setting out to revolutionize the auto industry 15 years ago, but CEO Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.…
DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash. The problem could be responsible for as many as eight…
PITTSBURGH (AP) — In the world of autonomous vehicles, Pittsburgh, Phoenix and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when we might actually see them carrying passengers in every city, and…
SAN FRANCISCO (AP) — Tesla CEO Elon Musk appears poised to transform the company's electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make…
COPENHAGEN, Denmark (AP) — In a symbolic first, electric cars outsold fossil fuel-powered ones in Norway last month. Christina Bu, the Norwegian Electric Vehicle Association's general secretary, said Monday that 58.4 percent of new cars sold in the country in…
NEW ORLEANS — The Mayor’s Office and the Orleans Parish Juvenile Court, in partnership with Lyft, began a new program to assist youth and their families in transportation to and from the Youth Study Center and Juvenile Court. Any…
NEW YORK (AP) — Ride-hailing giants Uber and Lyft have redefined what we expect from transportation, hooking customers on the immediacy of on-demand rides with a few clicks on a smartphone. But whether the companies can turn their popularity into…
NEW YORK (AP) — Lyft officially kicked off the road show for its initial public offering, putting 30 million shares up for sale Monday with an anticipated price of between $62 and $68 per share. That would raise more than…
DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs…
NEW ORLEANS, La. – On Friday, March 8, Lyft transportation service partnered with the Youth Empowerment Project (YEP), a local non-profit dedicated to helping underserved youth in the Greater New Orleans community through mentoring, education, and employment training programs. Details were shared in a…
NEW YORK (AP) - Tesla is suffering one of its worst sell-offs of the year after announcing it would begin closing all of its stores in favor of selling its electric cars exclusively online. The goal is to allow Tesla…
NEW YORK (AP) — Ride-hailing giant Lyft is releasing financial details about the company in a federal filing before it begins selling its stock to the public. The company said its revenue grew from $343.3 million in 2016 to $1.1…
FRANKFURT, Germany (AP) — Volvo's electric performance brand Polestar is unveiling a battery-powered compact car touted as a rival to Tesla's Model 3. The Polestar 2 is a five-door vehicle with a panoramic glass roof, an all-vegan interior and a…
MILAN (AP) — Italian American automaker Fiat Chrysler says fourth-quarter net profits rose by 61 percent, powered by North American sales of the all-new Ram 1500 and Jeep Wrangler. Fiat Chrysler Automobiles on Thursday reported quarterly net profits of 1.29…
DETROIT (AP) — General Motors posted an $8.1 billion net profit for 2018, fueled by better prices for vehicles sold in the U.S., its most lucrative market. It's a strong rebound from the previous year when the company lost $3.9…
