automotive

Car Subscriptions Hit Pause As BMW, Audi Suspend Programs
Car Subscriptions Hit Pause As BMW, Audi Suspend Programs
January 17, 2021  |  Subscriptions

It was supposed to be a compelling option for consumers in the connected economy, but the subscription model for automobiles is hitting some speed bumps...

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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale
MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale
January 15, 2021  |  Innovation

Latin American eCommerce giant MercadoLibre has sold $1.1 billion in bonds to expand its fleet of electric-powered delivery vehicles. “We’re seeing positive results, and adoption...

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Auto1 Online Car Marketplace Plans To Go Public
Auto1 Online Car Marketplace Plans To Go Public
January 13, 2021  |  IPO

Berlin-based Auto1 Group said on Wednesday (Jan. 13) that it plans to go public in the first quarter of this year. Auto1 serves both consumers...

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General Motors Unveils Electric Truck, Electric Pallet And Software For ‘First- To Last-Mile Delivery’
General Motors Unveils Electric Truck, Electric Pallet And Software For ‘First- To Last-Mile Delivery’
January 13, 2021  |  Retail

General Motors is launching a new division called BrightDrop to offer what the automaker describes as an entire “ecosystem” of software, services, electric trucks and...

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Mobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai
Mobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai
January 11, 2021  |  Innovation

Intel subsidiary Mobileye is working on updates for its autonomous vehicle program, planning to launch test fleets in Detroit, Tokyo, Paris and Shanghai, TechCrunch reported....

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Today In Retail: CarLotz Looks To Launch Hub Network; Build-A-Bear Anticipates eCommerce Jump
Today In Retail: CarLotz Looks To Launch Hub Network; Build-A-Bear Anticipates eCommerce Jump
January 11, 2021  |  Retail

In today’s top retail news, CarLotz, Inc. unveiled plans to launch a nationwide hub network, while Build-A-Bear Workshop, Inc. anticipates a jump in eCommerce demand for...

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CarLotz Plans Rollout Of US Hub Network
CarLotz Plans Rollout Of US Hub Network
January 11, 2021  |  Retail

To provide a used automotive purchasing and selling experience to new geographies, CarLotz, Inc. unveiled intentions to launch a countrywide hub network. The news comes...

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Electric Vehicles Join The On-Demand Economy
Electric Vehicles Join The On-Demand Economy
January 11, 2021  |  Innovation

Call it the on-demand economy, on the move and electric. Literally. In an interview with PYMNTS, Aric Ohana, co-founder of Envoy, said the transition to...

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Hyundai, Apple Said To Be Ready For Electric Car Agreement By March
Hyundai, Apple Said To Be Ready For Electric Car Agreement By March
January 11, 2021  |  Partnerships / Acquisitions

Hyundai Motor and Apple are set to make a new agreement on electric cars by March, Reuters writes, citing local newspaper Korea IT News. The...

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