automotive

Harley-Davidson Raises Outlook, Cites Strong Retail Demand Despite EU Tariff Hike
Harley-Davidson Raises Outlook, Cites Strong Retail Demand Despite EU Tariff Hike
April 19, 2021  |  Retail

The iconic motorcycle manufacturer Harley-Davidson said on Monday (April 19) that strong retail demand, reduced dealer inventories and fewer loan write-offs drove better-than-expected first-quarter results,...

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Ally Financial Posts $796 Million Q1 Net Income
Ally Financial Posts $796 Million Q1 Net Income
April 16, 2021  |  Earnings

Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the...

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Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
April 15, 2021  |  IPO

Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO)....

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Charging Stations Connect EVs To Commerce
Charging Stations Connect EVs To Commerce
April 15, 2021  |  Innovation

There’s hardly a day that goes by without major developments in the electric vehicle (EV) industry. Even without Tesla and its CEO, Elon Musk, the...

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Digital Insurance Startup Clearcover Raises $200 Million
Digital Insurance Startup Clearcover Raises $200 Million
April 13, 2021  |  Investments

In a late-stage funding round, digital car insurance firm Clearcover has raised $200 million, Reuters reported. The round was headed up by Eldridge, the investment...

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Spotify Tests Out ‘Smart Player’ For In-Car Use
Spotify Tests Out ‘Smart Player’ For In-Car Use
April 13, 2021  |  Commerce Connected

It’s hard to know how much the pandemic will cut into this summer’s road trips or curb Americans’ commutes. However it turns out, Spotify wants...

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Used-Car Platform Driverama Gears Up For Launch
Used-Car Platform Driverama Gears Up For Launch
April 13, 2021  |  eCommerce

Online sales of used cars are picking up speed. To take advantage of that momentum, a Europe-based site, Driverama, is being readied for takeoff half...

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Today In Payments Around The World: UK’s Darktrace Looks To Go Public; Huawei Wagers On Electric Cars
Today In Payments Around The World: UK’s Darktrace Looks To Go Public; Huawei Wagers On...
April 12, 2021  |  International

In today’s top payments news around the world, Darktrace is intending to make its public debut on the London Stock Exchange, while Huawei is betting...

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Mobileye, Udelv Partner On Autonomous Vehicles
Mobileye, Udelv Partner On Autonomous Vehicles
April 12, 2021  |  Partnerships / Acquisitions

Mobileye’s self-driving system, Mobileye Drive, will be working with Udelv to help drive the production of Udelv’s autonomous delivery vehicles, according to a press release....

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