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- Apple buys self-driving car startup Drive.ai June 26, 2019In Silicon Valley, it is common for larger companies to acquire struggling startups primarily to hire their engineers, a move known in the industry as an "acqui-hire."
- For automakers, new tech represents 'profit deserts' June 25, 2019Consulting firm AlixPartners says return on investments in autonomy and electrification remains a long way off. Meanwhile, headwinds are emerging on the traditional sales front.
- Over half of drivers report driver assist systems help avoid crashes, survey says June 25, 2019In a survey, participants found the highest satisfaction with adaptive cruise control, automatic emergency braking and blind spot warning systems. Lane-keeping features were less popular or effective, with respondents reporting annoying alert chimes, vibrations or overly aggressive steering corrections.