How Rideshares Will Blend Into OEMs When Autonomous Cars Go Mainstream

  • Diana Asatryan
  • June 1, 2017
No doubt, 2017 is the year of autonomous. Major carmakers are not only testing driverless cars, but are beginning to deploy shuttle-like autonomous ridesharing services in closed environments. Ford Motor Co., for example, vowed to have its first batch of autonomous shared shuttles available on Ford factory campuses next year. It will also launch a […]

GM Continues to Speed Ahead of Ford, Despite CEO Shift

  • Natalie Mattila
  • May 26, 2017
General Motors Co. is leading the pack in mobility, even ahead of Ford Motor Co., thanks to its Maven program, 10% investment in Lyft, and rising popularity of the Chevrolet Bolt EV, Mobility Finance has learned. “I would say GM is ahead of Ford,” an unnamed source told Mobility Finance. “I am not sure if […]

Canadian Ford Dealership Poised to Evolve With New E-Commerce Model

  • Natalie Mattila
  • May 5, 2017
Financial providers and automakers are not the only institutions innovating, as the auto industry continues to evolve. Even dealerships are altering their standard brick-and-mortar models, including Alberta Koch Automotive Group, which is launching Canada’s first e-commerce dealerships. The dealer group has rolled out the e-commerce platform to three of its four dealerships so far, with […]

Ford Smart Mobility Reports ‘Small Loss’ in 1Q, CFO Says

  • Emma Sandler
  • April 28, 2017
Ford Motor Co. saw a pre-tax accumulative loss of $212 million for its “all other” category — which includes Ford Smart Mobility LLC — in the first quarter, according to the company’s earnings call yesterday. The loss is a net interest expense on the OEM’s automotive debt related to investments in emerging opportunities, Robert Shanks, Ford’s executive […]

Autonomous Cars Will Challenge Auto Insurers, but Will Not Eliminate Them

  • Emma Sandler
  • April 25, 2017
As the technology behind autonomous cars inches forward — and future possibilities evolve into probabilities, which ultimately become reality — so too does the dilemma facing auto insurers: They aren’t ready. Not today anyway, and that’s not to say they are not preparing. Insurers appear optimistic that they can adapt, and of the major challenges […]
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