Automotive technology

May 23, 2019 - 10:42 am
LAS VEGAS (AP) — A company backed by tech billionaire Elon Musk has been granted a nearly $49 million contract to build a transit system using self-driving vehicles underneath the Las Vegas Convention Center. The board of directors of the Las Vegas Convention and Visitors Authority approved the...
Read More
May 23, 2019 - 10:00 am
Shares of Tesla opened lower Thursday, a day after an influential analyst raised questions about demand for its electric vehicles and told investors that Tesla could become a restructuring story. Stock in the Palo Alto, California, company fell 3% after the opening bell to $186.97, its lowest level...
Read More
FILE - In this Jan. 14, 2018, file photo Ford President and CEO Jim Hackett prepares to address the media at the North American International Auto Show in Detroit. Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and on Monday, May 20, 2019, said that it will have trimmed thousands of jobs by August. In a memo to employees, Monday, Hackett said the fourth wave of the restructuring will start on Tuesday, May 21 with the majority of cuts being finished by May 24. (AP Photo/Carlos Osorio, File)
May 20, 2019 - 5:18 pm
DETROIT (AP) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce. The major revamp, which had been under way since...
Read More
FILE- This Oct. 3, 2018, file photo shows the logo of Tesla model 3 at the Auto show in Paris. The National Transportation Safety Board says Tesla’s Autopilot semi-autonomous driving system was in use when one of its cars drove beneath a semitrailer in Florida in March, killing the driver. (AP Photo/Christophe Ena, File)
May 16, 2019 - 12:09 pm
DETROIT (AP) — A Tesla Model S involved in a fatal crash with a semitrailer in Florida March 1 was operating on the company's semi-autonomous Autopilot system, federal investigators have determined. The car drove beneath the trailer, killing the driver, in a crash that is strikingly similar to one...
Read More
FILE - In this Friday, March 29, 2019 file photo, Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, to mark trading on the Nasdaq exchange under the ticker symbol "LYFT." A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American city. (AP Photo/Ringo H.W. Chiu)
May 11, 2019 - 3:40 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
Read More
Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 1:10 pm
NEW YORK (AP) — Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets. The ride-hailing giant priced shares in the IPO Thursday at $45 each, raising $8.1 billion and giving the company a valuation...
Read More
FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 7:46 pm
SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late...
Read More
FILE - In this May 8, 2018, file photo, a Waymo logo is displayed on the door of a car at the Google I/O conference in Mountain View, Calif. Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. (AP Photo/Jeff Chiu, File)
May 07, 2019 - 7:00 pm
SAN FRANCISCO (AP) — Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. The alliance announced Tuesday will allow anyone with the Lyft app in the Phoenix area to summon one of the 10 self-driving Waymo...
Read More
FILE - In this Jan. 16, 2019, file photo, Cruise AV, General Motor's autonomous electric Bolt EV is displayed in Detroit. A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. GM announced the investment from a group led by T. Rowe Price on Tuesday, May 7, and said it included money from GM, Honda and Japanese tech investment firm SoftBank. (AP Photo/Paul Sancya, File)
May 07, 2019 - 11:07 am
DETROIT (AP) — A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. Cruise announced the investment from a group led by T. Rowe Price on Tuesday and said it included money from GM, Honda and Japanese tech investment firm...
Read More
FILE - In this Friday, April 12, 2019 file photo, climate change demonstrators hold banners in front of the Winston Churchill Statue during a protest near Parliament in London. An independent committee that advises the British government on climate change says the UK should target net-zero emissions of greenhouse gases by 2050, recommending the rapid adoption of policies to change everything from how people heat their homes to what they eat. The report released Thursday, May 2 by the Committee on Climate Change stresses that it is time for ambitious goals to curb the emissions that cause climate change. (AP Photo/Kirsty Wigglesworth, file)
May 02, 2019 - 11:58 am
LONDON (AP) — The U.K. should eliminate almost all greenhouse gas emissions by 2050 by rapidly adopting policies that will change everything from the way people heat their homes to what they eat, an independent committee that advises the British government on climate change recommended Thursday. A...
Read More

Pages