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  • Volvo Wants A Third Of Its Cars Sold To Be Driverless By 2025
    07 Jun 2018

    Volvo set out new ambitious targets for itself, saying it expects a third of all cars sold to be self-driving vehicles and half of all cars it offers to be available through its Care by Volvo subscription service, creating direct links to 5 million customers, all by the middle of the next decade.  These business goals add to previously stated target that half of Volvo’s car sales will be pure electric vehicles by 2025. Volvo thinks that these initiatives will help it transform its connection to consumers and help it develop new connected services for consumers and generate prem...

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  • Car Dealerships Facing a Dilemma: Get Big or Get Out
    23 Apr 2018

    Car buyers who have been purchasing their cars from the same dealership for generations could see a different kind of for-sale sign the next time they visit. Small to mid-size dealer groups are selling their businesses to car-retail giants or investment firms.  Dealers say that they need to get triple revenue in the next 5 years to offset shrinking margins and increasing competition from companies that did not exist a decade ago. The internet has made the field very tough, by making car prices more transparent for customers and giving them the opportunity to shop around. It has also ...

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  • Uber reaches settlement with Herzberg family!
    28 Mar 2018

    The potential legal battle between the family of the woman killed by Uber’ self-driving vehicle ends. Cristina Perez Hesano, an attorney with the firm of Bellah Perez in Glendale, Arizona, said "the matter has been resolved" between Uber and daughter and husband of Elaine Herzberg, 49, who died after being hit by an Uber self-driving SUV in the Phoenix suburb of Tempe earlier this month.  Terms of the settlement were not given. The law firm representing them said that Herzberg's daughter and husband, whose names were not disclosed, will have no further comment on ...

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  • Uber has suspended its public road testing in 4 states
    27 Mar 2018

    After Uber has been blocked from testing its self-driving cars in Arizona, we thought it might go back to California, but it won’t. The company will not renew its permit to test self-driving vehicles in the state.  The company suspended its public road testing in Arizona, California, Pittsburgh, and Toronto immediately after the crash. In a letter to Uber sent Tuesday, the California Department of Motor Vehicles said the company had not indicated it would renew its testing license when it expires March 31.  In order to renew the license, Uber would have to address any...

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  • Uber blocked in Arizona after the last week's fatal crash
    26 Mar 2018

    Uber can not test self-driving cars on Arizona’s public roads anymore. The governor of the state has announced this decision after the fatal crash that killed a 49-year-old pedestrian. The decision to block Uber Technologies Inc.'s is a blow to the ride-hailing company, which sees its future success reliant on driverless vehicles, and trails competitors such as Alphabet Inc.'s Waymo in developing the technology. Arizona had been a key hub for Uber, with about half of the company's 200 self-driving vehicles and a staff of hundreds. In a letter sent to Uber CEO Dara Khosro...

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