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GM’s Electric Vehicle Makeover Reverberates Far Beyond Detroit

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While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.

Detroit 256
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Holiday Shipping Delays Fall Hard On Retail SMBs

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For example, investigative reporters from Detroit’s WXYZ found tractor trailers lined up around the street trying to deliver and pick up packages at the U.S. Postal Service Detroit Network Distribution Center in Allen Park. The station counted at least 50 of them trying to get into the Allen Park plant on Monday, Dec.

Retail 168
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Can 5G Power Retail Drone Deliveries?

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The worlds of drones and 5G mobile network technology – two of the most promising trends in digital payments and commerce – are colliding. UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. The company applied to the U.S.

Retail 169
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Auto Sales Race Toward A New Retail Future

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Close the door and buckle up – retail automotive sales are getting an upgrade. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. The Detroit office will be pivotal to the company’s future plans. More Funding.

Retail 131
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Amazon Takes Territory In US And Beyond

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Oakland, San Jose, San Francisco, Detroit, Austin, Boston and Chicago. They’re places where the company already has a presence and where resources and infrastructure could support a technology heavyweight like Amazon. Amazon is opening a 1 million-square-foot warehouse in metro Detroit and plans to hire 1,000 employees to fill it.

San Diego 164
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Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

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The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Rocket describes itself as the largest retail mortgage lender in the U.S. Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported.

Cleveland 233
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Self-Driving Vehicles — And All Their Retail Benefits — Hit Speed Bumps

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Connected and self-driving cars and truck stand as some of the next big frontiers when it comes to retail and retail innovation, but challenges to that future — real and potential problems that could slow down progress when it comes to autonomous vehicles — are increasing appearing on the horizon. New Timetable. The immediate goal?

Retail 144