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Volvo Will Monetize Autonomous Vehicles Before Driver Data, CEO Hakan Samuelsson Says

Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.

November 28, 2018

Deborah Hersman to Leave National Safety Council for Safety Post at Waymo

Deborah Hersman is leaving her post as National Safety Council CEO to become chief safety officer at Waymo, a self-driving technology development company based in Mountain View, Calif.

November 27, 2018

Fiat Said to Weigh Robotics Unit Sale for Up to $2.3 Billion

Fiat Chrysler Automobiles NV is considering options for its robotics arm, Comau, including a potential sale at a value of 1.5 billion euros to 2 billion euros ($1.7 billion to $2.3 billion), sources familiar with the matter said. The shares rose the most since July.

November 26, 2018

GM to Lay Off Nearly 15,000 Workers

DETROIT — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.

November 26, 2018

Volvo Launches Transport Service Using Fully Autonomous Trucks

Volvo Trucks announced it has signed a “landmark” agreement in Norway with mining company Bronnoy Kalk AS that calls for the truck maker to haul commercial loads of quarried limestone across mine property using six fully autonomous heavy-duty trucks.

November 21, 2018

Driver-Assist Systems Don’t Always Work, AAA Tests Show

DETROIT — Testing by AAA shows that electronic driver-assist systems on the road today may not keep vehicles in their lanes or spot stationary objects in time to avoid a crash.

November 16, 2018

Musk to Prowl Production Lines in Push for Model 3 Milestone

Tesla CEO Elon Musk says he will walk the entire Model 3 production line Nov. 27-28. From battery cells to finished vehicles, all assembly areas need to be able to support making 1,000 cars per day, he said.

November 16, 2018

VW to Invest $50 Billion in Autonomous, Electric Cars

FRANKFURT, Germany — Automaker Volkswagen says it will invest $50 billion (44 billion euros) in developing autonomous and electric cars and expand the appeal of battery-powered cars by selling its upcoming ID compact for about what a diesel-powered Golf costs.

November 16, 2018

Turvo Raises $60 Million in Series B Funding

Turvo, a collaborative logistics platform, announced Nov. 8 it had raised $60 million in Series B funding.

November 15, 2018

Ruckit Unveils Platform for Heavy Construction, Bulk Materials Industry

Transportation software service provider Ruckit has announced a collaborative logistics platform for bulk-materials producers, trucking companies and general contractors.

November 15, 2018