By renovating a logo of the town’s decline, the corporate hopes to create a magnet for the expertise wanted to prevail within the subsequent automotive period. ImageThe historic Michigan Central Station in Detroit’s Corktown neighborhood, largely unused because the final practice departed in 1988, is being purchased and renovated by Ford Motor.CreditNick Hagen for The […]
Dave Marek is aware of precisely what he desires to listen to from potential patrons. “It’s my 10 second rule,” mentioned Mr. Marek, who as Acura’s government artistic director oversees the carmaker’s designs world wide. “I want them to walk around our car and say: ‘Wow! I want to ride in that!’” But what occurs […]
But in fact he’s nervous. The message of the previous a number of years is obvious: No matter how massive and profitable you’re as a consumer-facing media, communications or promoting firm, you’ll finally find yourself in the identical boat, butting up in opposition to the shore of the island the place Google, Amazon, Apple, Microsoft […]
Waymo, the driverless-technology firm spun out of Google, has agreed to buy as many as 62,000 minivans from Fiat Chrysler Automobiles to be used in a ride-hailing service set to start industrial operations later this yr. The announcement on Thursday is the most recent signal that Waymo is relying on a speedy liftoff for the […]
A fund affiliated with SoftBank Group of Japan plans to speculate $2.25 billion in General Motors’ driverless-technology division to assist the automaker ramp up a ride-hailing service and different new companies. As a part of the deal introduced Thursday, G.M. mentioned it could put an extra $1.1 billion of its personal cash into the unit, […]
SAN FRANCISCO — More than a second earlier than a self-driving automotive operated by Uber struck and killed a pedestrian in March, the automobile’s laptop system decided it wanted to brake to keep away from a crash. But a built-in emergency braking system had been disabled whereas the automotive was in autonomous mode to make […]
Elon Musk, the billionaire who has ambitions to colonize Mars and whose corporations make electrical autos and rockets, spent a part of his Wednesday criticizing an already beleaguered and much-maligned group of people on Earth. Yes, Mr. Musk, 46, the chief government of SpaceX and Tesla, couldn’t assist unloading on the information media — members […]
SAN FRANCISCO — Uber, which has had a repute for aggressive pursuit of market share even on the expense of profitability, reported a uncommon quarterly revenue on Wednesday that was pushed by taking the other strategy: Waving the white flag in difficult abroad markets. In March, Uber agreed to sell its experience and food-delivery companies […]
SAN FRANCISCO — Apple had already curtailed its grand vision for disrupting the automotive business by constructing its personal self-driving automobile. Now the tech large has narrowed its auto aspirations even additional. For the previous a number of years, Apple sought partnerships with the posh carmakers BMW and Mercedes-Benz to develop an all-electric self-driving automobile, […]
The individuals growing autonomous automobiles ought to most likely be considering as a lot about how one can get individuals to just accept the know-how, and how one can shield particular person freedom, as they’re about making the know-how work. What about flying cars? Inventors haven’t given up that dream. Just just a few months […]