It's no small thing to get consumers to understand, let alone embrace, a new and peculiar type of automobile. But a little more good-faith effort would help.
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Tesla sued a former company engineer, claiming he copied the source code for its Autopilot technology before joining a Chinese self-driving car startup in January. The company is also suing four other former employees for stealing proprietary information and trade secrets for developing warehousing, logistics and inventory control operations.
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The lawsuit says the state and city failed to make roadways safe and allowed autonomous vehicles to operate in an unsafe manner.
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As part of changes to its global leadership team, Ford said CFO Bob Shanks, 66, will be replaced by Tim Stone, a two-decade veteran of Amazon and former finance chief at the parent company of the popular phone app Snapchat.
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Investments by the auto sector in autonomous technology are paying dividends for the once-struggling smartphone company.
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Volvo's CEO expects a huge increase in its plug-in hybrids sales after the automaker underestimated demand for its growing family of electrified models.
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China's Geely Automobile posted an 18 percent jump in annual profit, driven by higher sales of its sedans and SUVs, but forecast flat sales growth in 2019 due to uncertainty about domestic demand.
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The Ford F-150 is the only pickup to earn top ratings in passenger-side crash testing by the Insurance Institute for Highway Safety.
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Reducing insurance costs is "the number one initiative," said CFO Brian Roberts at a luncheon at a Boston hotel for investors considering whether to buy into the closely watched IPO.
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A German magazine said VW scheduled an extraordinary board meeting to mediate between management and the head of its works council, Bernd Osterloh.
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