MOBILITY
TomTom Posts Operating Loss as Auto Sales Slow
Citing slow car sales in Europe and North America, TomTom reported a wider-than-expected loss in the first quarter.
"In the first quarter of 2024, revenue was comparable to...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
🚕 Mercedes Joins Forces With Bosch To Develop Self-Driving Taxis. “The pact between the world's largest maker of premium cars and the world's...
Tesla to Launch Robotaxi This Summer
Elon Musk has announced that Tesla will roll out its own robotaxi this summer. In an X post, the entrepreneur said he would unveil the car on Aug. 8.
Musk...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
☹ Apple Lays off 614 Workers After Ditching Self-Driving Car Project.
🚘 New York City to Allow Driverless Car Tests. “City officials said that...
Honeywell To Acquire Civitanavi Systems for $216 Million
Saying it plans to strengthen its autonomous operations and expand its European footprint, Honeywell HON 0.07%↑ this week announced its intention to acquire Italy-based Civitanavi Systems for about $216 million. ...
DRIVERLESS WORLD
TomTom Posts Operating Loss as Auto Sales Slow
Citing slow car sales in Europe and North America, TomTom reported a wider-than-expected loss in the first quarter.
"In the first quarter of 2024, revenue was comparable to...
