Coverage: Uber posts $708 million loss as finance head leaves
Uber reported a loss of $708 million in the first quarter, narrower than the $991 million reported the previous quarter, but its head of finance is leaving the ride service company. Anita Balakrishnan of CNBC.com had the news: Revenue grew 18 percent on a sequential basis to $3.4 billion. “The narrowing of our losses in the first […]
Coverage: BMW to halt production due to parts shortage
Car maker BMW extended its production halts in Germany to China and South Africa on Monday as the luxury-car manufacturer grapples with a shortage of steering parts. Steven Arons of Bloomberg News had the news: Production at the factories in Shenyang and Rosslyn is likely to stop for a day, while its plant in Leipzig, Germany, is […]
Coverage: Ford board presses CEO on strategy
Ford Motor Co.’s board of directors is turning up the pressure on Chief Executive Officer Mark Fields to better explain the company’s fading fortunes and his plan to turn things around. Keith Naughton of Bloomberg News has the news: The directors scheduled extra time in their meetings this week in advance of Thursday’s annual shareholders meeting […]
Detroit Free Press seeks auto reporter
The Detroit Free Press, part of the USA Today Network, is looking for a seasoned reporter to join our award-winning autos team – one who can respond to breaking news, write sophisticated enterprise and occasionally do a watchdog piece. As a member of this team, you will be writing about one of the largest, most […]
Coverage: New car sales declined in April, causing concern
New car sales for the auto industry’s biggest company all declined in April, leading to concerns that a seven-year rise in sales may be ending. Russ Mitchell of the Los Angeles Times had the news: The April figures aren’t an aberration. The car industry’s year-to-date sales are down as well. If the trend continues, analysts will have […]
Coverage: United Airlines forcibly removes passenger from overbooked flight
A United Airlines passenger was forcibly dragged from his seat to make room for airline crew members on a Sunday overbooked flight at O’Hare International Airport, and the video of the incident has been viewed more than 1 million times, giving the airline a public relations nightmare. Ally Marotti and Lauren Zumbach of the Chicago Tribune had the news: […]
Coverage: Tesla sales in first quarter beat expectations
Electronic vehicle manufacturer Tesla Inc. reported Sunday that it delivered 25,000 cars in the first quarter, up 69 percent and vastly better than expected. Alan Ohnsman of Forbes had the news: The Palo Alto, California-based company built 25,418 Model S sedans and Model X crossover vehicles in the quarter that ended March 31, Tesla said in […]
WSJ’s names Dawson its Fiat Chrysler reporter
Wall Street Journal reporter Chester Dawson has joined the Detroit bureau to cover the auto supply chain and Fiat Chrysler. Dawson spent close to four years in Calgary concentrating on the energy industry and other topics across western Canada. He’s far from new to the auto beat, having joined The Journal in New York and then […]
WSJ seeks transportation reporter
The Wall Street Journal is seeking a transportation reporter for its New York reporting team. The reporter will cover regional transportation both online and in print, and contribute stories of national impact to the U.S. News section of The Wall Street Journal and to Page One. The successful candidate will know how to develop great […]
Consumer Reports hires content development leader for autos
Consumer Reports vice president of content Gwendolyn (Wendy) Bounds and director of content development Glenn Derene sent out the following announcement on Tuesday: CR has hired Patrick Olsen as the content development leader for our Autos CIA. Patrick comes to us from Cars.com where he is has been leading the Editorial team since 2006. For […]
