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California has granted Waymo permission to carry passengers in the autonomous vehicles it is testing on the state’s roads, paving the way for the self-driving car company to roll out a taxi service in San Jose.

LONDON — Jaguar Land Rover says it will manufacture a range of electric cars in the U.K., a boost to an industry braced for turmoil ahead of Britain’s departure from the European Union.

FRANKFURT, Germany — BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate.

Ford Motor Co. is preparing to make a bigger push in electric vehicles, according to Morgan Stanley.

Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.

The U.S. Department of Transportation has recorded progress with the implementation of positive train control technology, the country’s top transportation official indicated recently.

Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.

The average used Class 8 truck brought a higher sales price in May than in the same month a year earlier, but with inventories gradually building and growth in the freight market slowing down after last year’s boom, analysts are divided on the long-term outlook for values.

Billions of everyday objects connect over the web to improve our lives in the Internet of Things (IoT). See how the technology is evolving in our industry – and how that technology can help you reduce costs.