automotive

DC Connected Car Raises $2.29 Million for AI-Powered Remote Auto Diagnostics
DC Connected Car Raises $2.29 Million for AI-Powered Remote Auto Diagnostics
August 11, 2024  |  artificial intelligence

DC Connected Car has raised €2.1 million ($2.29 million) for its artificial intelligence (AI)-driven remote vehicle diagnostics offering. The seed funding round, announced last week...

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Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

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Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles 
Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles 
July 31, 2024  |  Partnerships

Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets....

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Automakers Face Roadblocks in Switching to Electric Vehicles
Automakers Face Roadblocks in Switching to Electric Vehicles
July 28, 2024  |  Transportation

The automotive industry is facing an obstacle in switching to electric vehicles: traditional cars. As The Wall Street Journal (WSJ) reported Sunday (July 28), pressures...

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Curbee Launches Platform to Help Car Dealerships Add Mobile Service
Curbee Launches Platform to Help Car Dealerships Add Mobile Service
July 26, 2024  |  Transportation

Curbee has launched its software-as-a-service (SaaS) mobile service technology platform for car dealers nationwide. This move follows a successful limited launch of the platform in...

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Google’s $5 Billion Bet on the Bumpy Road to Self-Driving Cars
Google’s $5 Billion Bet on the Bumpy Road to Self-Driving Cars
July 26, 2024  |  Technology

Since the industrial revolution first brought machines into prominence, self-driving vehicles have populated future visions. And with the news that the autonomous delivery robot marketplace...

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They Said That: Notable Quotables From the Week of July 22
They Said That: Notable Quotables From the Week of July 22
July 26, 2024  |  Technology

It was a week that saw a presidential campaign end, the Summer Olympics begin and the start of banking and payments earnings season. We were...

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Commerce Department to Release Rules on Connected Vehicles
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024  |  Connected Economy

The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China...

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June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

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