Automotive technology

Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 5:05 pm
NEW YORK (AP) — After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its future prospects for profitability. The ride-hailing company injected investors with a dose...
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FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 7:46 pm
SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late...
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FILE - In this May 8, 2018, file photo, a Waymo logo is displayed on the door of a car at the Google I/O conference in Mountain View, Calif. Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. (AP Photo/Jeff Chiu, File)
May 07, 2019 - 7:00 pm
SAN FRANCISCO (AP) — Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. The alliance announced Tuesday will allow anyone with the Lyft app in the Phoenix area to summon one of the 10 self-driving Waymo...
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May 07, 2019 - 9:26 am
DETROIT (AP) — A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. GM announced the investment from a group led by T. Rowe Price on Tuesday morning. Cruise CEO Dan Ammann said in a statement the investment gives Cruise deep...
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FILE - In this Friday, April 12, 2019 file photo, climate change demonstrators hold banners in front of the Winston Churchill Statue during a protest near Parliament in London. An independent committee that advises the British government on climate change says the UK should target net-zero emissions of greenhouse gases by 2050, recommending the rapid adoption of policies to change everything from how people heat their homes to what they eat. The report released Thursday, May 2 by the Committee on Climate Change stresses that it is time for ambitious goals to curb the emissions that cause climate change. (AP Photo/Kirsty Wigglesworth, file)
May 02, 2019 - 11:58 am
LONDON (AP) — The U.K. should eliminate almost all greenhouse gas emissions by 2050 by rapidly adopting policies that will change everything from the way people heat their homes to what they eat, an independent committee that advises the British government on climate change recommended Thursday. A...
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FILE- In this March 14, 2019, file photo the Tesla Model Y is unveiled at Tesla's design studio in Hawthorne, Calif. Tesla, Inc. reports earnings Wednesday, April 24. (AP Photo/Jae C. Hong, File)
April 24, 2019 - 7:55 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company's worst quarters in the past two years. The net loss was more than double what analysts had predicted as Tesla's sales slumped 31...
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April 24, 2019 - 8:43 am
DETROIT (AP) — Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings. Ford will become a minority partner in Rivian, which is based outside of Detroit and recently...
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This undated combination of photos shows clockwise from top left the logos for Toyota, Honda, Kia, Fiat Chrysler, Mitsubishi and Hyundai. U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash. Vehicles made by Toyota, Honda, Kia, Hyundai, Mitsubishi and Fiat Chrysler from the 2010 through 2019 model years are included in the probe, which was revealed Tuesday, April 23, 2019, in documents posted by the National Highway Traffic Safety Administration. (AP Photos)
April 23, 2019 - 5:46 pm
DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles equipped with bags that may not inflate in a crash. The problem could be responsible for as many as eight deaths. Vehicles made by Toyota, Honda, Kia,...
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FILE- This Oct. 3, 2018, file photo shows a Tesla emblem at the Auto show in Paris. Tesla CEO Elon Musk appears poised to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla investors Monday, April 22, 2019, at the company’s Palo Alto, Calif., headquarters. (AP Photo/Christophe Ena, File)
April 22, 2019 - 7:56 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk expects to start converting the company's electric cars into fully self-driving vehicles next year as part of an audacious plan to create a network of robotic taxis to compete against Uber and other ride-hailing services. The vision sketched out Monday...
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In this Thursday, April 18, 2019, photo provided by Toyota Motor Corporation, from left, Denso Corp. Executive Vice President Hiroyuki Wakabayashi, Head of Uber ATG Eric Meyhofer, CEO of Uber Technologies, Inc. Dara Khosrowshahi, Toyota Executive Vice President Shigeki Tomoyama and Managing Partner of Softbank Vision Fund Ervin Tu attend a press conference at Uber headquarters in San Francisco. Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit. (Toyota Motor Corporation via AP)
April 19, 2019 - 1:02 am
TOKYO (AP) — Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit. The Japanese companies said Friday that Toyota Motor Corp. and Denso Corp. will together invest $667 million and SoftBank...
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