The impact of the pandemic on e-commerce is adding to the urgency.Dec 4, 2020 - Economy & Business
The lowering demand is a direct result of the economic shock from the coronavirus pandemic.Oct 6, 2020 - Economy & Business
"Europe and China have woken up to the fact that [the combustion engine] is dead."Sep 25, 2020 - Economy & Business
Musk is embracing many of Ford’s ideas like vertical supply chains and manufacturing efficiencyAug 14, 2020 - Economy & Business
The pandemic and recent protests put a spotlight on transportation inequities, giving urban planners new motivation to get it right.Jun 26, 2020 - Economy & Business
Don't be surprised if used cars are harder to find and more expensive for years to come, auto industry experts are warning.
By the numbers: The average price of a used vehicle surged nearly 14% between January and December of 2020 — roughly 10 times the rate of inflation — to over $23,000, AP reports.
Saturday's scene of a burning jet landing safely back at the airport harkens back to the day when Boeing was an engineer-driven company known as the gold standard for aviation safety.
Why it matters: That reputation took a major blow after two crashes involving the 737 MAX. Boeing has since spent billions, and the FAA has sought to overcome its own reputational hit, reengineering and re-certifying the MAX in pursuit of the same long-term safety record as its earlier airliners.
While competitors like GM and Volkswagen are going all-electric, Toyota argues that a mix of hybrids, plug-in hybrids and EVs is better for the environment.
Why it matters: Battery electric vehicles (BEVs) aren't for everyone, and a new analysis shows that even people who own BEVs don't drive them as far as the average gasoline-powered car.
Ford CEO Jim Farley and former California clean air regulator Mary Nichols are heading a coalition of business, tech and policy leaders that hopes to rethink mobility policy in a systemic, interconnected way.
Why it matters: Transportation is undergoing the biggest transformation in a century, but government policies and infrastructure haven't kept pace. The Commission on the Future of Mobility aims to close that gap with research and advocacy.
Driving the news: This morning the European company Volta Trucks announced that Proterra will supply batteries for its "Volta Zero" urban freight delivery vehicle.
U.S. airlines carried about 60% fewer passengers in 2020 compared with 2019, according to Department of Transportation data released Tuesday.
Why it matters: The drop underscores the dramatic impact that the coronavirus pandemic — and the travel restrictions and stay-at-home orders that hallmarked much of the year — had on the travel industry.
Let's be honest: the Toyota Corolla has never excited me much. But the 2021 Corolla hatchback was a surprise.
The big picture: Corollas are practical and efficient, and always reliable, but you don't really aspire to own one. Then a guy driving a Cadillac Escalade stopped to tell me, "I really like your car — a lot," and I knew I wasn't alone. When it's a sporty and stylish five-door hatchback, you can't help but look twice.
The auto industry is in the midst of the biggest transformation in a century, with cars one day running on electrons, not gasoline.
Why it matters: But it's not just the cars that are changing. How we buy and service them is being disrupted, too. Instead of selling cars through franchised dealers, emerging auto manufacturers want to sell electric vehicles direct to consumers, either online or in their own stores.
Driving the news: Transportation Secretary Pete Buttigieg told "Axios on HBO" earlier this month that the U.S. was considering the possible mandate. But the White House said Friday that the Centers for Disease Control and Prevention is "not recommending required point of departure testing for domestic travel" at this time, per Bloomberg.