After acquiring Lyft Inc, GM has also purchased ride hailing pioneer, Sidecar. The acquired entity has been tattering in consecutive years for ever growing competitions with rivals like Uber and Lyft. With the acquiring, GM now will be able to play a more active role in relative fields with the new two subsidiaries.
Automotive
Pope Mobile-Sports Will Be Auctioned in Philadelphia Next Week
Two of Fiat 500L used by Pope Francis during his visit in U.S. will be auctioned next week in Philadelphia Auto Show. Pope used the car during his historic visit to U.S. last September.
GM And Chinese Coportation Open Cadillac Plant in China To Woo Luxury Market
GM with its main Chinese partner have opened a Cadillac plant in Shanghai on Thursday, 21 Jan 2016 to take advantage of the potential growth in the overcrowded luxury market of China. Cadillac plant has capacity to produce 160,000 vehicles annually. Cadillac believe the luxury car market offer a lot margin opportunity notwithstanding pressure in pricing. Shares of GM have been reported trading on NYSE higher by more than 1 percent on Thursday.
Tesla Motors sues German parts supplier for failing to deliver promised Model X falcon door
Tesla Motors Inc. sued German parts supplier Hoerbiger Automotive Comfort Systems for failing to deliver the promised falcon door for the Model X based on the carmaker’s standard.
Car Auction: 1957 Ferrari 335 S Expected to Break Record as the Most Expensive Car Ever Sold at Auction
The extraordinary high price was due to its extensive race history, which includes a world championship title. The supercar is expected to sell for more than $34 million in Retromobile Classic Car show in Paris, one of the most prestigious salons for car enthusiasts.
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Audi and Mercedes Benz, world famous German automakers have joined to express their interest for hydrogen fuel powered cell cars. Remaining one step ahead of Mercedes, Audi has already introduced its H-tron Quattro at the North American International Auto show, held at Detroit. Industry insiders assume, Mercedes, the lavish German carmaker will introduce its first hydrogen fuel cell car at the 2017 Frankfurt Auto Show.
South Korea’s Ministry of Environment will file criminal charges against Volkswagen AG’s Korean office head, citing that the car makers proposed plan falls short from the country’s legal requirements.
Jay Leno has picked the Ford F-150 Harley Davidson from his exotic collection, to be sold for charity at the Barrett-Jackson auction in Scottsdale, Arizona. The proceeds are meant to go to National Multiple Sclerosis Society.
The Hyundai Elantra 2017 has been priced starting at $17,985, which is near $100 lesser than its previous model. The Elantra 2017 has the most advanced packages including Android Auto and Apple CarPlay.
Honda showcases its newly redesigned 2017 Ridgeline during the Detroit Auto Show last Monday. The new pickup truck design makes the owner forget that they are riding a unibody platform.
The Detroit Auto Show, 2016 has witnessed production version of a new Lincoln Continental which has been reported to be build as a saloon. Powered by a 400 HP two turbo 3-liter V6 engine, the car has been demoed in the luxury car category and scheduled to be available in later this year. But deduction of two doors has marked questions for naming the car a coupe.
The car is still in great condition and the features are updated and exceptional. The dealer bought the vehicle directly from the actor. This Schwarzenegger's classic car is now a hot item on eBay, waiting for its next rightful owner.
Nissan provides two years of free charging for owners of its electric vehicle Leaf through the “No Charge to Charge” program. That program is now available in 26 states in the US.
The 24 Hours of Nürburgring will see Toyota breaking away from its conventional ways, to enter three models in this year's Toyota Gazoo Racing. Among which, one is a cross-over machine and Toyota's next production venture.
