car

Lobbyists urge updates to federal car safety rules after Tesla crashes

Two major lobbying groups for the U.S. automotive industry are urging updates to federal vehicle safety regulations in the wake of high-profile crashes involving Tesla vehicles.

During a Senate subcommittee hearing Tuesday, executives with the Alliance for Automotive Innovation and Motor & Equipment Manufacturers Association said the U.S. needs better standards and protocols to address automated driving systems like those sold by Tesla under the brand names Autopilot and Full Self-Driving.

Tesla has drawn criticism for its design, testing and marketing of these systems, including failure to prevent drivers from abusing or over-estimating the capabilities of Autopilot and FSD.

Questions are swirling about whether Autopilot or FSD were to blame in any way in recent Tesla crashes the National Transportation Safety Board and National Highway Traffic Safety Administration are now investigating. The NHTSA has opened around 28 investigations into Tesla vehicle crashes to date, and about 24 of these are

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Waymo’s leadership shift spotlights self-driving car challenges

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Waymo, Alphabet’s self-driving car subsidiary, has reshuffled its top executive lineup. John Krafcik, Waymo’s CEO since 2015, announced on April 2 that he would be stepping down from his role. Krafcik is being replaced by former COO Tekedra Mawakana and former CTO Dmitri Dolgov and will remain as an advisor to the company.

“[With] the fully autonomous Waymo One ride-hailing service open to all in our launch area of Metro Phoenix, and with the fifth generation of the Waymo Driver being prepared for deployment in ride-hailing and goods delivery, it’s a wonderful opportunity for me to pass the baton to Tekedra and Dmitri as Waymo’s co-CEOs,” Krafcik wrote on LinkedIn.

John Krafcik Waymo CEO

Above: John Krafcik, former CEO of Waymo, Alphabet’s self-driving car subsidiary.

The change in leadership could have significant implications for Waymo, which

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Apple: Wall Street Analysts Talk Apple Car, 5G Super Cycle

As another week came to an end, Wall Street continued to offer its insights on Apple stock. From the Apple Car to the iPhone to the buy-on-weakness opportunity, analysts published several interesting reports on the Cupertino company.

The Apple Maven reviews some of the most interesting expert takes below.

Still bullish on Apple stock

Overall, Wall Street continues to be bullish on Apple. Not much has changed since I last looked at the analyst rating and price target distribution: strong buy recommendation, target of around $148 per share. Because Apple stock has been spinning its wheels lately, the price gap to target has increased.

Check out the table below:

Apple consensus analyst rating.

Apple consensus analyst rating.

Hot takes of the week

One of the most attention-grabbing reports came from “the bull of bulls”, Wedbush’s Dan Ives. The analyst believes that Apple stock can nearly double in the foreseeable future, as it

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‘Smart Car Leads’ Provides the Automotive Industry a 360-Degree Solution to Client Acquisition – Press Release

The growing digitalization of the entrepreneurial space has revolutionized how the automotive industry works. People’s increasing reliance on online-based channels and their demands for a digitally-enhanced experience when looking for their next purchase have pushed ventures to implement measures designed to meet consumer needs. Highly cognizant of the changes in the landscape, Smart Car Leads have made it its mission to equip the automotive industry with the tools it needs to keep up. 

Since its launch, Smart Car Leads have consistently delivered its promise to provide solutions to reduce the time and monetary effort needed to acquire new clients. Its establishment rests on the recognition of the existing gaps in the automotive industry and the issues caused by the pandemic, including dried-up showrooms. In the face of the challenges brought about by the outbreak, the role of digital technology shone even more, and without it, a significant number of businesses

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