Advancing New Technologies a Priority for USDOT Leadership, OMB Official Says
The U.S. Department of Transportation under the Trump administration has devoted significant resources to the transformative arena of autonomous vehicle technology, a former DOT official said at the Brookings Institution on July 25.
July 25, 2019Amazon Results to Show Extent of Sales Boost From 1-Day Shipping
The effects of Amazon.com’s one-day shipping push on profitability and sales will be watched closely when the e-commerce giant reports earnings July 25.
July 25, 2019VW Bucks Downward Trend in Weak Markets on Strength of SUV Deliveries
Volkswagen AG joined PSA Group in using sales of lucrative SUVs to stand out against a crowd of carmakers struggling with the auto market’s downturn.
July 25, 2019Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit
Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker’s future.
July 25, 2019Tesla Plunges on Quarterly Loss, Backtracks From Profit Forecast
Tesla Inc. shares plummeted in late trading after the electric-car maker posted a worse-than-expected loss and backtracked from a forecast for a return to profit.
July 24, 2019GM Cruise Robotaxi Debut Delayed
General Motors Co.’s self-driving unit is backing off plans to deploy robotaxis by the end of this year, the latest indication of how auto and tech companies are struggling with the challenges of taking humans out from behind the wheel.
July 24, 2019Link Introduces Semi-Active Cab Suspension
Link Manufacturing announced its ROI Cabmate Semi-Active Cab Suspension that uses multiple sensors and is constantly assessing environmental circumstances while simultaneously responding.
July 24, 2019Nissan Braces for Pain as Weak Profits Force Restructuring
Nissan Motor Co. confirmed reports of a 90% drop in quarterly operating profit and a broader restructuring a day before posting results, underscoring the Japanese automaker’s struggle to get back on stable footing.
July 24, 2019Design Interactive Introduces Virtual Equipment Training
Design Interactive Inc. announced its Virtual Equipment Training feature to be used with Augmentor, its transportation-focused augmented reality software.
July 23, 2019Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms
Same-day shipping is becoming more common for online shoppers, but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, CEO of 100% PURE.
July 23, 2019