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Self-driving startup Drive.ai was days away from shutting down its operations before it was acquired by Apple Inc. (NASDAQ: AAPL), according to The Verge. What Happened Drive.ai was founded in 2015 by machine learning researchers at Stanford University and is among the more exciting...

The future of transportation unfolded further this week as two major Michigan-based contributors announced developments. Autonomous startup May Mobility reported continued expansion with a $22-million Series A funding round, while the Michigan Mobility Institute appointed four field...

Auto stocks were mostly trading higher Friday morning after General Motors Company (NYSE: GM) surprised investors with an encouraging outlook that boosted its stock.  What Happened General Motors said Friday ahead of its Capital Markets Day presentation that it expects 2018 earnings per...

Tesla Inc (NASDAQ: TSLA) has been developing its autonomous driving technology for years, but one Wall Street analyst estimates the value of Tesla’s Mobility unit at just 10 percent that of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) autonomous vehicle subsidiary Waymo. The Analyst Morgan...

Toyota Motor Corp (ADR) (NYSE: TM) is making an incremental investment in ride hailing company Uber's self-driving car project. What Happened Toyota announced that it has agreed with Uber Technologies to expand their existing collaboration in a bid to bring autonomous ride-sharing as a...