News
Average price of new cars nears $50, 000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out
2+ hour, 57+ min ago (1048+ words) After a few years of sharing a 2019 Chevrolet Trax, Dana Eble and Tyler Marcus are finally looking for a second car. But as they jump into the market, the young married couple isn't sure what they can afford. "I just…...
Nearly half of U. S. truck-driving schools face closure in crackdown on 'poorly trained drivers"
4+ mon, 1+ week ago (710+ words) Nearly 44% of the 16, 000 truck driving programs listed nationwide by the government may be forced to close if they lose their students after a review by the federal Transportation Department found they may not be complying with minimum requirements. The Transportation…...
The world's leading blockchain-based taxi app is setting its sights on New York City
3+ mon, 2+ week ago (705+ words) In June 2026, the world's leading Web3 taxi app will be launched in the Big Apple. This ride-hailing app'called TADA'uses blockchain technology to connect drivers and riders via smart contracts. Its use of decentralized tech enables greater transparency, fairer earnings for drivers,…...
We Ride CEO says autonomous driving can't guarantee 100% safety'but could be 10x safer than human drivers within the decade
5+ mon, 2+ week ago (402+ words) Sasha Rogelberg is a reporter and former editorial fellow on the news desk at Fortune, covering retail and the intersection of business and popular culture. Tony Han, founder and CEO of autonomous driving technology company We Ride, likened the development…...
How Walmart, Amazon, and other retail giants are using AI to reinvent the supply chain'from warehouse to checkout
8+ mon, 2+ week ago (829+ words) Sharon Goldman is an AI reporter at Fortune and co-authors Eye on AI, Fortune's flagship AI newsletter. She has written about digital and enterprise tech for over a decade. When a shopper grabs a last-minute bottle of sunscreen at a…...
Demand for Elon Musk's Tesla Cybertruck plummeted in the second quarter, new data shows
8+ mon, 3+ week ago (567+ words) It's probably a good thing Tesla refuses to publish detailed sales figures, otherwise everyone could see just how badly Elon Musk's Cybertruck seems to have flopped. Only in its second full year on the market, the full-size electric pickup saw…...
Tesla leads U. S. sales of EVs lower in April, marking the first annual drop in over a year
9+ mon, 3+ week ago (509+ words) Christiaan Hetzner is a senior reporter for Fortune covering the auto industry and Europe's changing business landscape. When Tesla sneezes, the entire U. S. electric vehicle market catches a cold." Elon Musk's company led overall sales of zero-emission cars lower in April,…...
Goldman Sachs predicts autonomous cars will slash insurance costs by 50%but could create headaches in figuring out fault in accidents
10+ mon, 11+ hour ago (67+ words) As accidents caused by human-error decrease, insurance companies may have to consider the liability of the manufacturers and tech companies. Goldman Sachs predicts autonomous cars will slash insurance costs by 50%but could create headaches in figuring out fault in accidents…...
Mercedes weighs pulling U. S. entry-level cars over tariffs
1+ year, 1+ week ago (33+ words) Mercedes is considering withdrawing its least expensive cars from the U. S because Trump's auto tariffs may make their sales economically unfeasible. Mercedes weighs pulling U. S. entry-level cars over tariffs...