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Warren Buffett bullish on driverless trucks after purchasing stake in Kodiak Robotics

Pilot Co., which operates Pilot and Flying J travel centers and is owned by Berkshire Hathaway, agreed on Tuesday to take a stake in Kodiak Robotics Inc., a driverless truck startup......»»

Category: topSource:  autonewsAug 26th, 2022

Toyota"s Akio Toyoda steps down as industry leader, replaced by Isuzu"s chairman

Japan's automotive industry has tapped the chairman of Isuzu trucks to replace Akio Toyoda as its next industry lobby leader after Toyoda's unprecedented three terms......»»

Category: topSource:  autonewsRelated NewsNov 22nd, 2023

What are the effects of workforce automation across race and gender in the United States?

Advances in areas such as robotics and artificial intelligence enable the automation of a range of occupational tasks, leading to fundamental changes in the nature of work. New research published in the American Journal of Economics and Sociology ind.....»»

Category: topSource:  physorgRelated NewsNov 22nd, 2023

Popular navigation app for trucks and caravans adds CarPlay support

Sygic is one of the most popular navigation apps, even though you may have never heard of it before. The app offers navigation specially tailored to the specifications of large vehicles like trucks, RVs, campers, and more. With an update rolling o.....»»

Category: topSource:  marketingvoxRelated NewsNov 20th, 2023

Geely reduces Volvo stake; will continue to support Swedish automaker

The sale follows complaints from analysts and investors over the company’s small free float, which has put pressure on the stock and fueled high trading volatility......»»

Category: topSource:  autonewsRelated NewsNov 17th, 2023

Aston Martin F1 team gets investment from U.S. private equity firm

The stake sale, terms of which were not disclosed, values the racing group at $1.24 billion, Reuters reported......»»

Category: topSource:  autonewsRelated NewsNov 17th, 2023

UAW members ratify labor deal with Mack Trucks; strike ends after 39 days

The UAW and Mack Trucks had reached a tentative deal in October that included a 19 percent pay raise, but union workers overwhelmingly rejected it and went on a strike......»»

Category: topSource:  autonewsRelated NewsNov 16th, 2023

Price is top barrier to global EV adoption, S&P Global Mobility says

About two-thirds of survey respondents said they were open to purchasing an EV, a 19-percentage point decline from 2021......»»

Category: topSource:  autonewsRelated NewsNov 15th, 2023

Buffett"s Berkshire dumps stake in General Motors as it builds cash

In a regulatory filing detailing its U.S.-listed stock holdings as of Sept. 30, Berkshire reported no holdings in GM after reporting a stake of $848 million in June......»»

Category: topSource:  autonewsRelated NewsNov 15th, 2023

People think white AI-generated faces are more real than actual photos, study says

'Hyperrealism' bias has implications in robotics, medicine, and law enforcement. Enlarge / Eight images used in the study; four of them are synthetic. Can you tell which ones? (Answers at bottom of the article.) (credit: Nighting.....»»

Category: topSource:  arstechnicaRelated NewsNov 15th, 2023

This cool-looking driverless truck is transporting goods for GE Appliances

It's only operating along a short route but as part of a broader system the truck is helping to make big efficiencies in areas like loading times......»»

Category: topSource:  digitaltrendsRelated NewsNov 14th, 2023

Mack"s medium-duty EV box truck key to Volvo Group"s zero-emission goal

Mack seizes an opportunity by jumping into the growing market for medium-duty electric trucks......»»

Category: topSource:  autonewsRelated NewsNov 9th, 2023

Renault cuts Nissan stake to 15% after transferring shares to trust

Nissan will now invest up to $641 million in Renault's EV unit, Ampere, while Mitsubishi will invest up to $214 million......»»

Category: topSource:  autonewsRelated NewsNov 8th, 2023

GM"s Cruise to recall 950 driverless cars after accident involving pedestrian

The recall is because the collision detection subsystem of the Cruise Automated Driving Systems software may improperly respond after a crash, NHTSA said......»»

Category: topSource:  autonewsRelated NewsNov 8th, 2023

China detains DouYu founder, investment guru - reports

They include a streaming app founder and an executive referred to as China's Warren Buffett......»»

Category: hdrSource:  bbcRelated NewsNov 8th, 2023

CarGurus to pay $75M for rest of CarOffer as Q3 net income improves slightly, revenue plunges

The vehicle listings company bought a 51 percent stake in CarOffer, a wholesale digital marketplace platform, in 2021. News of the transaction comes as CarOffer's Q3 revenue dropped nearly 50 percent from a year ago......»»

Category: topSource:  autonewsRelated NewsNov 8th, 2023

GM to halt production of Cruise driverless van

A GM spokesperson said "we are finishing production on a small number of pre-commercial vehicles and after that, plan to temporarily pause production.".....»»

Category: topSource:  autonewsRelated NewsNov 7th, 2023

Cruise woes prompt production halt of fully driverless van

Autonomous-car company Cruise has halted production of its fully autonomous vehicle just over a week after it suspended robotaxi operations......»»

Category: topSource:  digitaltrendsRelated NewsNov 7th, 2023

Shopping at Apple this holiday season? You should know this

Apple has released some important information for anyone purchasing one of its products during the upcoming holiday season......»»

Category: topSource:  digitaltrendsRelated NewsNov 6th, 2023

New survey reveals iPhone users more likely to opt for installment plans

How people buy iPhones and Android phones has significantly changed, with iPhone owners opting for installment plans more than their counterparts.iPhone and Android users pay for smartphones in different waysGone are the days when purchasing a new iP.....»»

Category: appleSource:  appleinsiderRelated NewsNov 3rd, 2023

Stellantis deal with UAW gives major boost to Illinois

The automaker will make trucks and batteries out of Belvidere, providing a lifeline for the region and boosting the state's economy......»»

Category: topSource:  autonewsRelated NewsOct 29th, 2023