Google’s parent company, Alphabet, is trying to expand into the ride-sharing market by pairing with the Waze app to let commuters carpool together. On Monday, Alphabet launched its pilot program to let thousands of individuals in the San Francisco area hitch rides to or from work. One interesting aspect of this launch is how this […]
In its latest quarterly report, Honda stated a loss after increasing costs derived from recalls of Takata air bags hindered their numbers. Among car makers, Honda has been the hardest hit, wiping away profits and sending them into the red. Over the past quarter, Honda has allocated ¥270 billion to cover the recall costs of […]
Tesla nearly doubled its first-quarter loss compared with the same period a year ago, even with sales of its sedan and sport-utility vehicle continuing to climb. The company aims to start churning out Model 3s in the second half of next year. It has a goal of building a total of between 100,000 and 200,000 […]
General Motors and Lyft will start to test a fleet of self-driving Chevrolet Bolt electric taxis on public roads within a year. As was discussed earlier on our blog, GM Ventures’ acquisition of Lyft and now initiative to bring self-driving cars to fruition is an attempt to challenge Silicon Valley giants and reshape the entire […]
A new metric in finance is taking over the auto industry, specifically General Motors. The automaker started using the metric called ROIC, or return on invested capital, to show how efficiently they earn cash flow from where it has invested its capital. The typical ROIC equation divides a company’s operating income, adjusted for its […]
How did new policies (safety standards, emissions standards, etc) influence the development of new cars and technologies in the auto industry?
What factors contributed to the rise of foreign auto producers, specifically Japan, and the infiltration of the domestic market in the United States?
How did the business structures of automobile companies in countries such […]
This article in The New York Times highlights Ford’s desire to redesign themselves as not a car manufacturer but a “mobility company”. While they have already started developing self-driving cars, Ford’s image does not compare to that of Tesla or even Google. Like we talked about in class, the auto industry in the […]