Wabco Reports Record Annual Revenue
Commercial vehicle supplier Wabco Holdings Inc. reported lower net income and revenue for the fourth quarter, while full-year revenue set a record despite a slowdown in certain key markets.
February 15, 2019VW, Ford Discuss Alliance on Self-Driving Cars
Ford Motor Co. and Volkswagen AG are progressing toward an agreement to join forces on self-driving cars and have overcome earlier obstacles, according to people familiar with the talks.
February 15, 2019Nuro Raises Nearly $1 Billion From SoftBank Vision Fund
Nuro, a robotics company specializing in automating local commerce deliveries, has secured $940 million in funding from the SoftBank Vision Fund, according to a Feb. 11 press release.
February 14, 2019GM Cruise Falls Short of Self-Driving Test Miles Projection
In late 2017, the co-founder of General Motors Co.’s self-driving unit told investors the company was on the verge of putting 1 million miles a month on its autonomous test cars. That projection proved to be quite a stretch.
February 14, 2019Federal Framework on Autonomous Vehicles Policy Essential, UPS Executive Says
WASHINGTON — Nationwide policy for autonomous cars and trucks has the potential of facilitating the flow of freight while improving safety, according to a senior executive at UPS Inc. on Feb. 12.
February 13, 2019Self-Driving Truck Startups TuSimple, Ike Attract More Investment to Fuel Development
Self-driving truck startups TuSimple and Ike both announced new funding in February to fuel the continued development of their automated driving systems for commercial vehicles.
February 13, 2019Robot Package Delivery Trucks Developed in Detroit Ready for China, US
Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: Revolutionize mail and package delivery.
February 11, 2019Infrastructure Stakeholders to Congress: Fix the Highway Trust Fund
Nearly a dozen stakeholders representing local governments and the freight and commuter sectors on Feb. 7 urged a House transportation panel to identify a sustainable source of funding for an infrastructure bill.
February 7, 2019Waymo Linked to AV Deal With Renault-Nissan-Mitsubishi Alliance
Waymo is in advanced talks with Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. to develop autonomous cars, according to sources familiar with the matter, in a move that would join a leading self-driving force with the world’s largest automotive alliance.
February 5, 2019Texas Forms Self-Driving Car Task Force
The Texas Department of Transportation is moving forward with the formation of a Connected and Autonomous Vehicle (CAV) Task Force, made up of membership from state and local governments, academia, TxDOT staff and the autonomous vehicle industry.
January 31, 2019