General Motors Co. bought out the SoftBank Vision Fund 1’s stake in self-driving startup Cruise for $2.1 billion, ending the Japanese investment firm’s stake in the business and giving the Detroit automaker 80% ownership.
March 18, 2022Self-Driving Vehicles News Updates
GM Buys SoftBank’s $2.1 Billion Stake in Cruise
Musk Spared From Testifying in Tesla Autopilot Crash Suit
Elon Musk won’t have to testify in the first case set for trial that blames Tesla Inc.’s Autopilot for a fatal crash, a Florida judge said.
March 17, 2022GM’s Cruise Names Interim CEO Vogt Full-Time Chief
Cruise LLC, the autonomous vehicle company that is majority-owned by General Motors Co., named founder Kyle Vogt its full-time chief executive officer.
February 28, 2022Waymo to Haul Freight for C.H. Robinson in Texas Tests
Logistics giant C.H. Robinson is collaborating with Waymo to introduce autonomous trucks into its freight network, starting with multiple pilots in Texas.
February 16, 2022GM’s Cruise Begins Offering Driverless Rides
Cruise LLC, the self-driving car startup that is majority owned by General Motors Co., is offering free rides to nonemployees in San Francisco for the first time, a move that triggers another $1.35 billion from investor SoftBank Vision Fund.
February 1, 2022VW, Bosch Team Up on Self-Driving Software
Volkswagen AG is partnering with Robert Bosch GmbH to develop a common software platform to bring hands-free driving functions to the German carmaker’s entire fleet in a bid to compete with Tesla Inc.
January 25, 2022Felony Charges Are First in a Fatal Crash Involving Tesla’s Autopilot
DETROIT — California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
January 18, 2022Not Everyone in Seattle Is Excited About Autonomous Vehicles Coming
An announcement Oct. 18 from Amazon’s self-driving car unit Zoox that it will soon start testing its autonomous vehicles in downtown Seattle drew criticism from transportation safety advocates.
October 20, 2021Autonomous Trucks Take Off Rapidly in China’s Commercial Operations
BEIJING — Driverless trucks will help revamp the logistics and industrial sector in China, as autonomous driving technologies have taken off in the country amid the COVID-19 pandemic.
October 5, 2021Waymo to Build Facility in Dallas, Partner With Ryder on Maintenance
Autonomous truck developer Waymo Via announced plans to build a nine-acre facility near Dallas that will serve as a regional hub for advancing operations and service for automated Class 8 trucks.
August 18, 2021Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics