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Miami Apartments to Get Landing Pads for Flying Cars
4/25/2019A residential skyscraper under construction in Miami will feature a “sky deck” for future flying cars.
Ford Net Drops 35%, But Operating Profit Rises 12%
4/25/2019Ford Motor Co. says the costs of restructuring in Europe and exiting the heavy truck market in South America caused net earnings in the first quarter to skid to $1.1 billion from $1.7 billion last year.
French Mobility Platform Developer Targets Growth
4/25/2019Paris-based Vulog SA forecasts that its mobility service platform will be used to coordinate 25 million rides worldwide this year, up from 15 million in 2018.
GM Adding Second Shift for Next-Gen Corvette Production
4/25/2019General Motors Co. says it will add a second production shift and hire more than 400 workers at its Corvette assembly plant in Bowling Green, Ky.
Visteon’s Net Income Plunges 78%
4/25/2019Electronics supplier Visteon Corp. says its net income in the first quarter plummeted 78% to $14 million as revenue dropped 10% to $737 million.
Study: Fuel Price is Main Driver of India Car Sales
4/25/2019Fuel prices are the biggest factor in determining sales of new cars and commercial trucks in India, according to the country’s central bank.
Enterprise Rental to Debut Vehicle Subscription Plan
4/25/2019Enterprise Holdings Inc. plans to launch a subscription-based pilot program next month in the U.S.
IIHS Calls for Improved Rear-Seat Protection
4/25/2019Carmakers need to improve the safety restraints they install for rear seat passengers, says the Insurance Institute for Highway Safety.
VW and China Partner Building $751 Million EV Factory
4/25/2019The electric car factory in Hefei, China, being launched by Volkswagen AG and joint venture partner Anhui Jianghuai Automobile Co. will have capacity to make 100,000 EVs per year.
Aston Martin Commits to Future V-12 Models
4/25/2019Aston Martin Holdings Ltd. plans to continue offering V-12-powered vehicles for the foreseeable future, chief creative officer Marek Reichman tells Top Gear.