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driverless cars

Toyota to invest about $500 million in Uber for driverless cars

WASHINGTON: Toyota Motor Corp will invest $500 million in Uber Technologies to jointly work on developing self-driving cars, the companies said on Monday, a bid by both to catch up to rivals in the hotly competitive autonomous driving business. Toyota, one of the world’s largest carmakers, and Uber, the leading ride-hailing service, are widely seen as lagging the competition in developing self-driving cars. Their deal deepens an existing relationship and reflects CEO Dara Khosrowshahi’s strategy of Uber developing…

‘Car nation’ Germany distrustful of driverless vehicles

BERLIN: German carmakers are showing off their self-driving cars at the IAA international auto show in Frankfurt, but most people in the car-mad country have yet to be convinced by the technology. Curious visitors to the biennial trade fair, which lasts until September 24, can entrust their lives to a computer on a specially created car at a test track overlooked by Daimler and Volkswagen's giant stands. An expert is behind the wheel, if not grasping it firmly, to demonstrate how a car studded with sensors and cameras…

Fiat joins BMW-led group to develop driverless cars

PARIS: Italian-American automaker Fiat Chrysler on Wednesday said it was joining a BMW-led group to develop fully self-driving vehicles, the latest tie-up in an industry racing to get ready for the cars of the future. German luxury car maker BMW began working on the project with US computer chip giant Intel and the Israeli tech firm Mobileye last year. The group aims to have their first fully automated cars in production by 2021. German car parts supplier Continental and UK-based auto-equipment maker Delphi have also…

BMW, Intel, Mobileye to test 40 driverless cars in second half of 2017

BMW's alliance with Intel and Mobileye aims to put a fleet of around 40 self-driving test vehicles on the road in the second half of this year, the companies said. The premium carmaker announced its partnership with the two technology firms in July with the goal of developing the capability of introducing autonomous vehicles to the market by 2021. BMW's 7-Series test vehicles will be fitted with the latest technology from Intel and Mobileye and prepared for test drives worldwide starting in the United States and…