By on January 4, 2016

 

General Motors announced Monday that it would invest $500 million in ride-sharing service Lyft to help boost the automaker’s business in car-sharing companies and perhaps rental cars.

The automaker announced that the investment — roughly half of Lyft’s latest round of fundraising — would buy the automaker seat on the ride-sharing company’s board of directors. Lyft, which is based in San Francisco, is valued around $4.5 billion, which is significantly less than the $62 billion valuation for rival Uber, according to the New York Times.

GM said the companies would partner on rentals for the car-sharing company, connectivity and autonomous technology.

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By on October 21, 2015

Cadillac President de Nysschen poses with the Cadillac ATS-V during the model's world debut at the Los Angeles Auto Show in Los Angeles

Speaking Wednesday at the 10th annual J.D Power Automotive Marketing Roundtable in Las Vegas, Cadillac CEO Johan de Nysschen didn’t mince words regarding Silicon Valley’s infatuation with fully autonomous driving.

The luxury brand chief, while standing before an image of Google’s autonomous prototype, said: “Many autonomous car (prototypes) emphasize sheer functionality. It would be a mind-numbing experience going from point A to B. My goodness, you might as well take the bus.”

De Nysschen said Cadillac’s upcoming Super Cruise strikes a balance between fully autonomous driving and driving yourself.

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By on September 14, 2015

John Krafcik With A Hyundai Sonata, MotorWeek Host John Davis, And The 2012 MotorWeek Award For Awesomeness

Former Hyundai America CEO and TrueCar president John Krafcik has been hired by Google to head the California tech giant’s autonomous vehicle program.

Per Automotive News, Krafcik will begin his new work as the program’s director in late September, while current director and former Carnegie Mellon University robotics researcher Chris Urmson will remain aboard to lead technical development.

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By on June 4, 2015

google-self-driving-car

Google acknowledges the 12th accident involving its autonomous cars, while Virginia opens 70 miles of highway to Google and others for testing.

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By on May 22, 2015

Johnny Cab

Virtual drivers may be the key to developing trust in autonomous vehicles, so long as those drivers are quicker on the draw than Johnny Cab in an emergency.

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By on May 20, 2015

Audi A7 Piloted Driving Vehicle At CES 2015

Per a report from Barclays, U.S. new-car sales may fall as much as 40 percent over the next 25 years as shared autonomous vehicles take hold of the market.

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By on May 12, 2015

Google Autonomous Vehicle Prototype Circa December 2014

Yesterday, Google said it was involved in three recent autonomous-vehicle accidents on California’s roads. The tech giant since admitted to eight more.

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By on May 11, 2015

World Premiere Freightliner Inspiration Truck

Autonomous vehicles may need the Three Laws of Robotics to function in the future, while getting a handle on accident prevention remains a present concern.

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By on May 6, 2015

World Premiere Freightliner Inspiration Truck

Unveiled atop Hoover Dam in Nevada last night, the Freightliner Inspiration is the first commercial truck to receive the state’s autonomous vehicle license plate.

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By on April 7, 2015

-1x-1

Morgan Stanley analyst Adam Jonas thinks that this chart represents the future of the auto industry, where we one day move into autonomous, shared transportation.

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By on March 30, 2015

Millennials In The Back Of A Subaru BRAT

According to a study, Millennials not only prefer to shop for cars via mobile devices, but also at the dealership.

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By on March 18, 2015

elon-musk-model-s

His hand may be on a steering wheel now, but Tesla CEO Elon Musk foresees a future where autonomous vehicles lead to a total ban on human intervention.

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By on March 6, 2015

Google Autonomous Clown Car Amid Wind Turbines

Work in the insurance industry? Ever wonder what life would be like insuring the owners of autonomous vehicles?

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By on March 6, 2015

Volvo-Autonomous-Drive

Amid the glitz and glamour of the 2015 Geneva Auto Show, European auto supplier group CLEPA proclaimed its members would have a part to play in the autonomous game.

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By on March 6, 2015

Lexus Autonomous Car

Seven years from now, commercial and industrial autonomous vehicles could set a path toward a a future where the cityscape and beyond are radically changed.

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