Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Alphabet‘s Waymo is bringing its driverless ride-hailing services to London, the first European market for its robotaxi. The company said in a release on… Continue reading Waymo plans robotaxi launch in London, marking its European debut
Author: CNBC Online news
CNBC’s UK Exchange newsletter: A showdown is brewing over Britain’s ‘investability’ problem
A line of cars on a car assembly line at the Vauxhall car factory in Ellesmere Port, Wirral, U.K. Colin Mcpherson | Corbis News | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Few things have captured the British public’s imagination more… Continue reading CNBC’s UK Exchange newsletter: A showdown is brewing over Britain’s ‘investability’ problem
Jeep parent Stellantis announces $13 billion U.S. investment plan
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images DETROIT — Stellantis, the parent company of Chrysler, Jeep and other auto brands, plans to invest $13 billion in U.S. manufacturing operations… Continue reading Jeep parent Stellantis announces $13 billion U.S. investment plan
Stellantis overhauls Jeep Grand Wagoneer lineup under brand turnaround plan
2026 Jeep Grand Wagoneer Jeep DETROIT – Jeep is overhauling its top-end Grand Wagoneer lineup for the 2026 model year under a yearslong turnaround plan for the quintessential American SUV brand. The changes include updating exterior styling, introducing a new forthcoming extended-range powertrain and creating a simplified, less expensive model lineup all under the “Grand… Continue reading Stellantis overhauls Jeep Grand Wagoneer lineup under brand turnaround plan
GM to take $1.6 billion charge related to EV pullback
A Chevrolet Silverado EV and a Chevrolet Brightdrop, which is assembled in Canada, are seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025. Carlos Osorio | Reuters DETROIT — General Motors’ third-quarter results next week will include a $1.6 billion impact from its all-electric vehicle plans not playing out… Continue reading GM to take $1.6 billion charge related to EV pullback
Musk calls for federal troops in San Francisco even as Benioff softens stance
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images As Salesforce welcomes tens of thousands of people to San Francisco for its annual Dreamforce conference, CEO Marc Benioff has found himself in the center of local controversy on… Continue reading Musk calls for federal troops in San Francisco even as Benioff softens stance
K-shaped cars: New vehicle prices top $50,000 while auto loan delinquencies keep rising
A salesperson (left) shows vehicles to a shopper at a Toyota dealership. Getty Images DETROIT — Look no further than the automotive industry for the latest indication that U.S. consumers could be facing a “K-shaped” economy, where the wealthy keep seeing gains while those who have lower incomes struggle. The average price paid for a… Continue reading K-shaped cars: New vehicle prices top $50,000 while auto loan delinquencies keep rising
Xiaomi shares see biggest drop since April after fatal EV crash sparks safety concerns
A Xiaomi electric car SU7 in a store in Yichang, Hubei Province, China on July 19, 2025. Cfoto | Future Publishing | Getty Images Chinese tech giant Xiaomi saw its shares fall over 5% on Monday, following reports that the doors of one of its electric vehicles failed to open after a fiery crash in… Continue reading Xiaomi shares see biggest drop since April after fatal EV crash sparks safety concerns
Apple nears deal to acquire talent and technology from computer vision startup Prompt AI
Apple CEO Tim Cook holds a next generation iPhone 17 during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company’s technology, CNBC has learned. Leadership… Continue reading Apple nears deal to acquire talent and technology from computer vision startup Prompt AI
Tesla faces U.S. auto safety probe after reports FSD ran red lights, caused collisions
The tablet of the new Tesla Model 3. Matteo Della Torre | Nurphoto | Getty Images Tesla is facing a federal investigation into possible safety defects with FSD, its partially automated driving system that is also known as Full Self-Driving (Supervised). Media, vehicle owner and other incident reports to the National Highway Traffic Safety Administration… Continue reading Tesla faces U.S. auto safety probe after reports FSD ran red lights, caused collisions