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Tag Archives: Cars

Apple investing ‘heavily’ in driverless cars

Following years of speculation, the tech giant publicly acknowledges it has plans to develop “autonomous systems”. In a letter to the US National Highway Traffic Safety Administration (NHTSA), the tech giant said it was “excited about the potential of automated systems in many areas, including transportation”. Apple director of product integrity, Steve Kenner, said the firm wanted to “help define …

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Volkswagen pushed into loss by emissions scandal

Volkswagen has reported its first quarterly loss for at least 15 years after taking a big charge to cover the costs of its emissions scandal. VW admitted installing software to cheat emissions tests in 11 million of its diesel cars worldwide in September. VW said it had set aside €6.7bn ($7.4bn; £4.8bn) to cover the scandal, leaving it with a …

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