Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday.
Volkswagen AG said on Wednesday it had hired an executive from Apple as a director responsible for technical development at its commercial vehicles division.
Volkswagen AG has poached an executive from Apple to become the director responsible for technical development at its commercial vehicles division, Manager Magazin reported on Wednesday.
German luxury carmaker Daimler will invest 500 million euros ($573 million) in the coming years to develop highly autonomous trucks, it said on Monday, a move that will create more than 200 jobs.
Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players able to scale up the technology, Mercedes-Benz executive Christoph Schroeder told German paper Welt am Sonntag.
Stanphyl Capital letter for the month of December 2018 discussing their short position in Tesla stock and the all-electric SUV competition that may hurt Tesla’s sales. Image source: Tesla We remain short stock and call options in Tesla, Inc. (TSLA), which I consider to be the biggest single stock bubble in this whole bubble market. […]
U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro.
Germany luxury carmaker BMW said on Saturday Alejandro Vukotich will be the new head of its driver assistance and autonomous driving development department from January 2019.
CNBC Exclusive: CNBC Transcript: JP Morgan Chairman And CEO Jamie Dimon Speaks with CNBC‘s Becky Quick Today WHEN: Today, Thursday, December 6, 2018 WHERE: CNBC’s “Power Lunch” – Live from the Business Roundtable CEO Innovation Summit in Washington D.C. The following is the unofficial transcript of a CNBC EXCLUSIVE interview with JP Morgan Chairman and […]
Uber Technologies Inc’s is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its autonomous vehicle program.