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Business, Technology, Autonomous

Fiat Chrysler, Peugeot to Create Fourth-Biggest Carmaker

Fiat logo on vehicle Antonio Calanni/AP

MILAN — Fiat Chrysler and France’s PSA Peugeot said Oct. 31 they have agreed to merge to create the world’s fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.

October 31, 2019
Business, Technology, Autonomous

Fiat Chrysler Confirms Talks With French Carmaker Peugeot

Fiat logo Antonio Calanni/AP

MILAN — Italian-American carmaker Fiat Chrysler Automobiles on Oct. 30 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry, which is facing huge challenges with the transition to electric and autonomous vehicles.

October 30, 2019
Government, Technology, Autonomous, TCA

Ohio Gov. Mike DeWine Renews Self-Driving Car Initiative

TRC SMARTCenter Demo TRC SMARTCenter Demo by Ohio DOT

COLUMBUS, Ohio — Gov. Mike DeWine on Oct. 29 signed an executive order renewing DriveOhio, the state initiative promoting self-driving cars and other forms of “smart” mobility.

Andrew J. Tobias | Advance Ohio Media, Cleveland
October 29, 2019
Business, Technology, Logistics, Autonomous

Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis

Waymo Eric Risberg/Associated Press

True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.

Keith Naughton | Bloomberg News
October 29, 2019
Business, Technology, Autonomous

VW Finance Chief Outlines Road Map for $221 Billion Ambition

Volkswagen ID.3 ID.3 by Volkswagen AG

Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double its market value and gain investor recognition for the industry’s most ambitious technology push.

Christoph Rauwald | Bloomberg News
October 28, 2019
Business, Technology, Fuel, Autonomous

Daimler Dumps Gas-Powered Truck Bid to Build CO2-Neutral Fleet

Mercedes-Benz Actros A Mercedes-Benz Actros semi-autonomous haulage truck cab. (Krisztian Bocsi/Bloomberg)

Daimler AG is quitting development of natural-gas powered trucks to pool resources for electric and hydrogen rigs that can advance its goal of offering a CO2-neutral fleet in its main markets by 2039.

October 25, 2019
Business, Technology, Logistics, Autonomous, Top 100, TCA

XPO Logistics Launches Partnership With MIT

Aerial view of MIT MIT by Getty Images

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

Paul Schott | The Advocate (Stamford, Conn.)
October 24, 2019
Business, Technology, Autonomous, TCA

Ford to Debut New Electric Vehicle Nov. 17

Ford concept Ford Motor Co.

Ford Motor Co. will debut its first battery-electric crossover Nov. 17, the automaker said Oct. 24.

Ian Thibodeau | The Detroit News
October 24, 2019
Business, Technology, Equipment, Safety, Autonomous

Haldex Sees Net Income Fall, Revenue Rise in Q3

Haldex boxes at a factory Haldex Group

Commercial vehicle brake supplier Haldex AB reported lower third-quarter earnings and higher revenue as it increased sales slightly in North America.

Roger Gilroy | Staff Reporter
October 24, 2019
Business, Technology, Equipment, Autonomous

Tesla Shares Soar as Elon Musk Packs Profit Report With Positives

Tesla profits Elon Musk by Qilai Shen/Bloomberg News

Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product.

Dana Hull | Bloomberg News
October 24, 2019