Hyundai Motor Group and Aptiv Plc are giving their $4 billion autonomous-driving joint venture a new name and going on a hiring spree to stay competitive in the race to develop self-driving cars.
August 11, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
AAA: Partially Automated Driving Systems Don’t Always Work
Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their use.
August 6, 2020Anthony Levandowski Sentenced to 18 Months in Prison
Autonomous driving engineer Anthony Levandowski was ordered to spend 18 months in prison for stealing trade secrets from Google as he defected to Uber Technologies Inc., in one of the highest-profile criminal cases to hit Silicon Valley.
August 4, 2020Senate Panel to Consider USDOT IG Nominee Eric Soskin
President Donald Trump’s nominee to lead the U.S. Department of Transportation’s internal watchdog division is scheduled to appear before a Senate panel Aug. 6.
August 4, 2020DOT Funds Four New University Transportation Centers
The U.S. Department of Transportation announced $4.9 million in funding has been awarded to support four new University Transportation Centers.
August 4, 2020SAF-Holland to Supply Air Suspension for VW E-Delivery Truck in Brazil
SAF-Holland announced it has been selected to supply the rear-drive air suspensions for the new VW electric delivery truck in Brazil.
August 3, 2020Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade
Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.
July 28, 2020VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings
Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.
July 24, 2020Tesla to Build Factory in Austin, Texas, for Semi Production
Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough.
July 23, 2020FCA, Waymo Extend Autonomous Partnership
Fiat Chrysler Automobiles and Google affiliate Waymo said July 22 they are extending their partnership in the development and testing of autonomous vehicles for commercial delivery and for future FCA products.
July 22, 2020