November 9, 2023
DETROIT (AP) — General Motors` Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after it dragged a pedestrian to the side of a San Francisco street in early October. The company said in documents …
September 14, 2022
General Motors’ self-driving car company on Monday announced plans to expand a robotaxi service that recently launched in California into new markets in Arizona and Texas before the end of this year. Cruise, a San Francisco startup that General Motors …
April 23, 2021
Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn. Insurers are key players in the shift to automated driving, with some …
October 16, 2020
OAKLAND, Calif. — The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to receive a permit to test cars without anyone in them on the streets of San Francisco from California’s Department of …
October 8, 2020
DETROIT — Waymo on Thursday will relaunch and expand its fully automated, robo-taxi ride hailing service in Phoenix, rebooting its effort to transform years of autonomous vehicle research into a revenue-producing business. Waymo, the self-driving vehicle technology unit of Google …
August 14, 2020
Michigan announced an initiative to explore development of a more than 40-mile stretch of road dedicated to connected and autonomous vehicles between the cities of Ann Arbor and Detroit. The project will be led by Cavnue, a subsidiary of Sidewalk …
March 3, 2020
Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds. Silver Lake Management LLC, a private equity firm, led the round, which …
November 14, 2018
People have been imagining driverless cars since at least 1958, when Walt Disney Co. aired “Magic Highway U.S.A.” It’s been almost five decades, and we’re still talking about them. Initially, evolution in transport had been a product of necessity: As …
October 25, 2018
Autonomous vehicle manufacturers need a better yardstick to show that their products are safe, said Derek Kan, under secretary for policy at the U.S. Department of Transportation. The metrics that are most widely used by self-driving car developers – miles …
June 18, 2018
It turns out robots need insurance too. As driverless vehicles reduce car ownership in coming years, insurers may not face the Armageddon that had been predicted, new research shows. “We do not expect revenues for auto insurance companies to experience …