Automobile

Your next car will be delivered like a pizza

  Bloomberg Doritos or a Dodge Challenger? Carvana, an e-commerce platform for used cars, is opening a vehicle vending machine in San Antonio, which is exactly what it sounds like. The four-year-old startup already has similar contraptions in Austin, Houston, and Nashville. Standing eight stories tall, the site is essentially a small garage with room for 30 cars. When a ...

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Ford looks for salvation in China with new SUV model

  Bloomberg With the future of Ford Motor Co.’s lagging luxury line riding on China, the automaker will expand its bet on the market by building a new Lincoln sport utility vehicle in the country in late 2019. The still-unnamed SUV would expand Ford’s foothold in one of the hottest segments in China, a country Chief Executive Officer Mark Fields ...

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Carmakers in Washington’s crosshairs

  Bloomberg This is so much more than a parting shot. With a week to go before Donald Trump becomes president, the Obama administration has unleashed a final, multiprong effort on enforcement and regulation in the automotive industry, with Fiat Chrysler Automobiles NV now at the fore. On Friday alone, the US Environmental Protection Agency rejected automakers’ bid to weaken ...

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Detroit bets you’ll get sick of SUVs

  Bloomberg The auto show in Detroit this week is stuffed with cars. Not 6,000-pound SUVs or spacecraft-hauling pickup trucks, but regular old sedans and coupes—spinning on the industry’s greatest stage like so many boring vanilla cakes. Of the 20 or so new models unveiled at the North American International Auto Show, about half were low to the ground. Granted, ...

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The cars to watch for at Detroit Auto Show

  Bloomberg Last year was a good one for global carmakers. In the week before the North American International Auto Show that will start on Monday in Detroit, Audi, McLaren, Mercedes, Jaguar, and Land Rover, among others, announced record-breaking sales numbers for December and predicted new highs for 2016. Some, like Ford, held steady in certain segments; the company’s F-Series ...

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Marchionne enters final push to free Fiat Chrysler from debt

  Bloomberg Sergio Marchionne enters the final stretch of his career at Fiat Chrysler Automobiles NV with a daunting mission: prove wrong the doubters who question how he can make the carmaker’s $5.29 billion in debt disappear by the time he steps down in two years. His strategy update will be a closely watched presentation next week at the Detroit ...

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The Chevy Bolt is the ugly car of near future

  Bloomberg If you’re in the market for a car, there are some good reasons not to buy Chevrolet’s new Bolt. Maybe you insist on leather seats, take long road-trips to the middle of nowhere, or have a boat to tow around. If not, GM’s new long range electric vehicle will be at the very least entirely sufficient for your ...

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