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Ford Profit Plunges by 50% in 2Q

Ford Motor Co. profit fell to $1.07 billion in the second quarter, down about 50% from the $2.05 billion it made in the second quarter of 2017.

July 27, 2018

Chinese Startups Floor the Pedal in Driverless Car Race

A group of Chinese startups is accelerating efforts to get autonomous vehicles onto roads in the world’s biggest auto market, a country its American peers from Alphabet Inc.’s Waymo to General Motors Co.’s Cruise may find tough to crack.

July 25, 2018

Uber’s Self-Driving Fleet Returns to Pittsburgh Roads — With Drivers in Control

Uber’s self-driving cars returned July 24 to Pittsburgh’s streets four months after one of its autonomous SUVs hit and killed a woman crossing a street in Tempe, Ariz.

July 24, 2018

UNLV, German Research Company Work on Autonomous Delivery Truck

University of Nevada-Las Vegas is joining German research company Fraunhofer IVI to develop an autonomous delivery truck, the university announced.

July 24, 2018

Autonomous Firm Embark Raises $30 Million

Autonomous truck developer Embark Trucks raised $30 million in a funding round led by Sequoia Capital, a Silicon Valley-based venture capital firm. Embark has raised $47 million since its 2011 founding, according to Crunchbase, a platform for finding business information on public and private companies.

July 24, 2018

How General Motors Became a Force in Autonomous Sector

GM Cruise is running neck-and-neck with Waymo, a subsidiary of Google, to be first to bring fully autonomous cars to market. The two companies are considered the leaders in a crowded field, and San Francisco is the proving grounds to refine the technology.

July 19, 2018

Competition Heats Up for Lidar Sensors in Autonomous Sector

As the race to create robot cars intensifies, a secondary race is underway: a high-stakes competition to develop the sensors that serve as the cars’ “eyes.” Lidar, a light-sensing form of radar, provides vision for the vast majority of autonomous vehicles being developed, but now there are dozens of companies with different twists on it.

July 13, 2018

Uber Lays Off Self-Driving Car Safety Drivers in Pittsburgh

Uber laid off its team of self-driving car safety drivers in Pittsburgh on July 11, the company confirmed.

July 12, 2018

Driverless Car Makers Want Congress to Free Them From State Oversight

WASHINGTON — As Silicon Valley and automakers attempt to steer the nation toward a future of driverless vehicles, a group of influential lawmakers remains concerned that bipartisan legislation now moving through Congress could leave consumers at risk by preventing states from demanding tighter safety regulations.

July 11, 2018