Cars have the ability to connect with apps such as Spotify or Apple Music, but what’s next for in-auto entertainment?
Volvo says it’s all about the apps.
“The best apps...making those super easy to use,” Atif Rafiq, the company’s Chief Digital Officer, told Cheddar. “That’s what we’re focused on.”
But it doesn’t stop there.
Volvo plans to make all of its fleets “at least” hybrid by 2019, an effort to build on its electric and self-driving car initiatives. The company recently announced that it will provide Uber with 24,000 XC90s, for its self-driving fleets.
Rafiq says that the Uber partnership is reflective of where the car industry is moving: autonomous driving as a service.
“We’re focused on both the consumer and these B2B markets when it comes to autonomous driving,” he said.
For full interview [click here](https://cheddar.com/videos/how-volvo-is-driving-innovation-in-2018).
In another sign of the pandemic housing boom, a record number of homes are now worth at least $1 million. According to new data from Redfin, 8.2% of U.S. properties were valued at $1 million or more last month, nearly double the pre-pandemic share. Daryl Fairweather, Chief Economist at Redfin, breaks down the data and what it means for millions of American families.
Erik Lundh, Principal Economist at The Conference Board, discusses how the war in Ukraine impacts the Fed's decision on interest rates and what hikes could mean for the U.S. economy.
Angelo Zino, Vice President & Senior Industry Analyst at CFRA research, discusses Russia and Ukraine's role in semiconductor manufacturing and the factors impacting the global production on chips.
Catching you up on what you Need to Know on March 16, 2022, with updates on Ukraine and Russia, a container ship gets stuck in the Chesapeake Bay, Disney employees stage a walkout over the "Don't Say Gay" law in Florida, and NASA completes its first spacewalk of 2022.
U.S. chipmaker Intel unveiled plans on Tuesday to invest up to $88 billion across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor supply chain.
With the Fed about to the announce a 25 basis point interest rate hike on Wednesday, what exactly does this mean for investors, consumers, and businesses?
Longtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis after the coffee giant’s current CEO announced his retirement.
David Mazza, Managing Director and Head of Product at Direxion, joins Cheddar News to discuss how traders can navigate the markets amid geopolitical turmoil and inflation, and why commodities markets are surging this year.
Stocks shook off an afternoon stumble and ended higher on Wall Street Wednesday after the Federal Reserve announced its first interest rate hike since 2018.
