GM, Microsoft lead $2 billion in funding for Cruise, team up on technology

The two companies will collaborate on developing frequency modulated continuous wave lidar for the mass market, the Japanese supplier said.

The promotions, which will increase expenses, are a sign of Nissan’s confidence in its outlook as the automaker makes progress in its push to cut $2.8 billion in annual fixed costs.

The two companies will jointly develop cockpits with mobile and mobility service applications and explore testing of autonomous driving.

Members of the Canadian union ratified a three-year contract that includes the commitment for CAMI Assembly in Ingersoll, Ontario, to begin building all-electric delivery vans later this year.

Rohit Chopra, whose consumer advocacy views align with Sen. Elizabeth Warren, D-Mass., has been an outspoken critic of some dealership business practices while serving as a member of the FTC.

With production of Rivian's first salable vehicles less than six months away, CEO RJ Scaringe has recruited Claire McDonough from J.P. Morgan.

Genesis planned to relaunch last year, but the pandemic got in the way. Now that the GV80 crossover finally arrived on dealer lots in December, it's ready to try again.

Global supplier Mobileye last week offered a due date on making self-driving technology available in personally owned vehicles: 2025.

The brand reboot will begin this quarter with the introduction of Kia's first dedicated electric model.

The scope of the planned purchase of Atlantic Automotive Group dealerships was reduced because of automaker preferences that retailers not own contiguous dealerships of the same brand.