As the Motor City faces the era of autonomous mobility, spiritual heirs of Charles Brady King and Henry Ford will write code, tune a robot, and design a vehicle. But how will Detroit create and attract the multidisciplinary talent to expand on its standing as the automotive capital of the world?
FCA’s third-quarter profits were $640 million, down from $1.1 billion in 2017. The decline was largely due to an estimated $794-million charge stemming from diesel engine software issues. North American sales continue to bolster the company balance sheet, where the automaker had a 12.9 percent market share.
In the third quarter of 2018, GM posted a profit of $2.5 billion, compared to a loss of $3 billion during the same period in 2017, which was due to the sale of Opel/Vauxhall in Europe. Sales of all-new full-size trucks are credited with this year’s gains.
Revenue was up 3 percent in the third-quarter compared to the same period in 2017, but overall profits were down $600 million due to challenges in China. Profits from North American operations are up 8.8 percent due to strong demand for trucks and SUVs.
Global automakers will roll out autonomous vehicles in the new year. After the self-driving shakeout, which OEMs and auto suppliers will stay in the game, and which new players will join the fray?
Group Purchasing Organizations are charged with saving hospitals money, but special carve-outs from Congress, a closed and secretive marketplace, and the ability to collect fees and pay rebates all serve to drive up costs for patients.
Senior Marketing Manager for Automotive Cybersecurity, Harman Connected Services
More Michigan and Israeli high-tech companies are integrating their operations to drive new mobility platforms. A greater influx, still to come, will support the auto industry in formerly unimagined ways.
Missing an avenue of revenue while conducting market research for a new product can lead to good results. After introducing a line of savory yogurts...
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