Vail Resorts and Toyota have announced a multi-year strategic partnership across the 33 mountain resorts in Vail Resorts' U.S. portfolio, including iconic destinations like Vail Mountain, Breckenridge Ski Resort,
General Motors Co (NYSE: GM) would invest $300 million in Chinese autonomous driving startup Momenta to develop self-driving technologies for China's future models,
Automobile stocks bounced back from the COVID-19 pandemic-induced sales slowdown fairly well in the second half of 2020 only to be caught unaware by the global semiconductor shortage.
Despite the sales hit from the chip crunch and the resulting capacity idling, shares of most legacy automakers are higher for the year-to-date period.
Until this month, the U.S. had only one all-electric automaker, the all-mighty Tesla Inc (NASDAQ: TSLA). Last week, Rivian Automotive Inc. rolled its first pickup truck for regular customers off its assembly line in its Normal, Illinois plant with first deliveries just around the corner.
The National Highway Traffic Safety Administration’s (NHTSA) investigation into electric vehicle maker Tesla Inc.’s (NASDAQ: TSLA) Autopilot self-driving system has now been expanded, with the agency seeking data on automated vehicles from a dozen other automakers.