Autonomous Cars

The Detroit Mobility Lab announced Thursday that it’s picked the Boston Consulting Group as the strategic advisory partner in the development of the Michigan Mobility Institute, a talent organization for the sector. An opportunity exists for Detroit and the state to be the nexus of the...

Uber is halting tests of its autonomous vehicles after an overnight collision left one pedestrian dead. Police in Tempe, Arizona, are investigating the crash and said an Uber car in autonomous mode struck a woman who walked into the street outside of the crosswalk, according to KNXV-TV. A safety...

Apple Inc. (NASDAQ: AAPL) will rent half a dozen cars from Hertz Global Holdings, Inc (NYSE: HTZ) subsidiary Donlen, reported Bloomberg. The information was obtained from California Department of Motor Vehicle documents detailing Apple’s license to test three autonomous cars. The news comes...

Last week, a deal was confirmed between the ride-hailing service Lyft and autonomous car company Waymo (parent company, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)). While the companies are keeping hush on details, each offered statements confirming the deal. “We’re looking forward to...

The race toward building a fully functioning large-scale fleet of autonomous vehicles intensified this week after Lyft struck a new partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Waymo unit. The question on many investors' minds after the announcement is what impact, if any, this...

Uber, the popular ride-sharing platform that's also heavily engaged in the race to building a self-driving car, is building a new R&D team in Toronto, Canada. According to a Bloomberg report, Uber's new unit will fall within its Advanced Technologies Group. The team will be led by...

The players in the self-driving vehicle space aren't exactly securely in the driver's seat, hands firmly on the steering wheel and controlling every move with foresighted precision. Rather, the self-driving space is left to contend with legal hurdles, in addition to the likes of technological and...

More than half of hedge fund manager and value investor Mohnish Pabrai’s portfolio is composed of shares in General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU). Given his stake in the auto industry, as well as our own cherished stake in the Motor City, Benzinga was...

It shouldn't be brushed off as a coincidence that shares of Tesla Motors Inc (NASDAQ: TSLA) gained more than 4 percent following a report that Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will no longer develop its own self-driving car. The Information reported that Alphabet's Google...

Tesla Motors Inc(NASDAQ: TSLA) gave us a peak into the future after released an amazing video of its autonomous driving capabilities on its Model S. The video shows a person sitting in the driver seat, only because law requires it. The car does everything, from stopping for pedestrians, merging...

Trip Chowdhry of Global Equities Research trashed Mobileye NV (NYSE: MBLY)'s business last week and even suggested the stock is "hyper-inflated" and worth just $10 a share. On Tuesday, the analyst followed up with a new report that mostly covered an autonomous driving focused conference. For...

At this point, it seems inevitable that driverless cars are the future of the automotive industry. Investors who want to be a part of the transformative and potentially extremely profitable autonomous vehicle era have been piling into popular driverless car stocks like Tesla Motors Inc (NASDAQ:...

Over the weekend, Tesla Motors Inc (NASDAQ: TSLA) announced on its blog that it will be making a major strategy shift in its autopilot technology. Tesla has been adding radar hardware to all of its vehicles since late 2014 to be used as a supplementary sensor to the camera and image processing...

The race to create the world’s first fully autonomous vehicle is still in its infancy, with Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Tesla Motors Inc (NASDAQ: TSLA) and even Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) in on the competition. There seems to be little...

A day after Mobileye NV (NYSE: MBLY) and Delphi Automotive PLC (NYSE: DLPH) announced their alliance to develop the SAE Level 4/5 automated driving solution, CLSA analysts Emmanuel Rosner and Andrew Fung termed it a "win-win" partnership. The brokerage maintains a Buy rating on Mobileye shares with...