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Report: Tencent Holdings to Develop Self-Driving Tech
11/7/2017Chinese social media giant Tencent Holdings Ltd. is the latest company to develop its own technology platform with which to operate autonomous vehicles, sources tell Bloomberg News.
VW, Google Partner on Quantum Computing Projects
11/7/2017Volkswagen AG is working with Google Inc. to develop useful applications of quantum computing.
Waymo Prepares to Let the Public Ride in Truly Driverless Cars
11/7/2017Waymo LLC says it will begin in December to allow members of the general public to ride in vehicles equipped with its autonomous-driving technology—and no one in the driver’s seat.
Tesla Buys Automated-Machine Supplier
11/7/2017Tesla Inc. has acquired Perbix Machine Co Inc., a Minneapolis-based supplier of automated manufacturing equipment.
BMW’s Earnings Drop as Revenue Stalls
11/7/2017BMW AG’s third-quarter revenue was flat at €23.4 billion ($27.1 billion), and pretax profits fell 6% to €2.4 billion ($2.8 billion).
Renault Demos Automated Object Avoidance Tech
11/7/2017Renault SA reports it has developed an industry-first object avoidance technology that allows autonomous vehicles to quickly identify and swerve around unexpected road obstacles.
Lamborghini, MIT Go to School on Futuristic Concept Car
11/7/2017Lamborghini SpA and researchers at the Massachusetts Institute of Technology have developed a new concept vehicle that features advanced propulsion, energy storage and materials technologies.
VW Opens Advanced Wind Tunnel Center in Germany
11/7/2017Volkswagen AG’s namesake brand has opened a wind tunnel efficiency center in Wolfsburg, Germany, that the company says allows for more extreme testing and “significantly more” simulated real-world conditions than its predecessor.
Toyota’s Quarterly Revenue, Earnings Rise
11/7/2017Toyota Motor Corp. reports its net income grew 16% to 393.7 billion yen ($3.5 billion) in the fiscal second quarter ended Sept. 30.
Nissan Resumes Output in Japan
11/7/2017Nissan Motor Co. resumed vehicle production at five domestic assembly plants earlier today after revamping its final safety inspection process.