Latest Driverless cars News

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Jul. 12, 2019 5:01 PM EDT

___ Report: FTC approves roughly $5B fine for Facebook SAN FRANCISCO (AP) — A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday cites an unnamed person familiar with the matter. Facebook and the FTC...

Markets Right Now: Stocks end week of gains at record highs

Jul. 12, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending a week of steady gains with more record closes for major U.S. indexes. Technology, industrial companies and retailers put up some of the biggest gains on Friday, as they have for much of the year. HP...

VW, Ford team up to make autonomous, electric vehicles

Jul. 12, 2019 3:18 PM EDT

NEW YORK (AP) — Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as the automakers who were once rivals deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape. The two automakers will become equal...

The Latest: Experts like what they see in Ford, VW tie-up

Jul. 12, 2019 9:25 AM EDT

NEW YORK (AP) — The Latest on Ford's alliance with Volkswagen (all times local): 9:25 a.m. Auto industry watchers say Ford and Volkswagen have the right idea with their new partnership to develop autonomous and electronic vehicle technology. The companies on Friday announced Friday that Volkswagen will...

Ford, Volkswagen to reveal details on global alliance

Jul. 11, 2019 4:09 PM EDT

NEW YORK (AP) — Ford and Volkswagen are planning to unveil details about their budding alliance to build mobility services and autonomous and electric vehicles. Executives from both companies are planning to reveal details Friday morning. The two companies announced plans in January to collaborate on...

$45M center to test self-driving vehicles opens

Jul. 10, 2019 2:51 PM EDT

COLUMBUS, Ohio (AP) — Officials in Ohio have opened a $45 million testing ground for self-driving vehicles. The Transportation Research Center Inc. unveiled its 540-acre (218.5-hectare) SMARTCenter on Wednesday. The state-of-the-art automated and connected testing facility is located in East Liberty, about...

Chandler employees to use self-driving cars for work rides

Jul. 7, 2019 1:12 PM EDT

CHANDLER, Ariz. (AP) — Dozens of city employees in the Phoenix suburb of Chandler will use self-driving vehicles at work in partnership with Waymo, an autonomous vehicle company. The partnership will begin this month as Chandler evaluates whether using the autonomous vehicles cuts costs to maintain and...

Louisiana lawmakers write rules for self-driving trucks

Jul. 6, 2019 9:23 AM EDT

BATON ROUGE, La. (AP) — As companies work to design fleets of commercial trucks that won't need a human in the driver's seat, Louisiana lawmakers have written rules of the road that self-driving vehicles will need to follow to truck commerce across the state. Though significant use of the vehicles may be...

Ford restructuring to cost 12,000 jobs in Europe

Jun. 27, 2019 9:19 AM EDT

FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job losses amount to about a fifth of Ford's work force in...

Apple buys more self-driving car technology in latest deal

Jun. 26, 2019 5:32 PM EDT

CUPERTINO, Calif. (AP) — Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology. The Cupertino, California, company confirmed its acquisition of Drive.ai Wednesday...