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☆ Tesla, Alphabet or GM? A breakdown of the autonomous driving battle and how to trade it
▼ + stars: | 2024-11-04 | by ( Michael Khouw | ) www.cnbc.com time to read: +12 min

Autonomous driving is at a pivotal juncture, with several companies vying for leadership in a sector that promises to revolutionize transportation. While Tesla (TSLA) has dominated the autonomous vehicle headlines with its Full Self-Driving (FSD) system, it may not be the best autonomous driving investment. Waymo: A leader in the autonomous race Waymo, a subsidiary of Alphabet , has long been a frontrunner in the autonomous driving sector. Tesla's FSD software relies primarily on optical cameras, supported by advanced AI algorithms to interpret the road environment. The value autonomous driving adds to stock Currently, Alphabet, GM, and Tesla are not generating meaningful revenue from autonomous driving or robotics technology.

Persons: GM's, Google's Waymo, Waymo, Tesla's, Cruise, Mary Barra, Elon Musk, Tesla, AVs, GM's supercruise, TSLA, Price, Mary Barra's Organizations: General Motors, PACE, Hyundai, Federal Motor Vehicle Safety, Cruise, Cruise's, National, Traffic Safety Administration, Ford, Elon, GM's, Tesla, GM, CNBC, NBC UNIVERSAL Locations: Phoenix, Los Angeles, AVs

DETROIT (AP) — The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. NHTSA is trying to force ARC to recall inflators in driver and passenger front air bags from at least a dozen automakers. Neither ARC nor the auto industry has released a full list of vehicle models with the kind of air bag inflators that have exploded. But at least 25 million of the 284 million vehicles on U.S. roads are believed to contain them. ____This story has been corrected to show that at least 25 million vehicles could have the ARC air bag inflators, not 33 million.

Persons: Kia —, inflators, Marlene Beaudoin, Beaudoin Organizations: DETROIT, Traffic, Administration, ARC Automotive Inc, ARC, NHTSA, Chevrolet, Buick, GMC, Ford, Toyota, Volkswagen, Audi, BMW, Porsche, Hyundai, Kia, General Motors, Yinyi Locations: U.S, Tennessee, Canada

☆ A Dodge Charger is 60 times more likely to be stolen than any other vehicle in the US. It's now taken the most-stolen crown from Hyundai and Kia.
▼ + stars: | 2023-09-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Hellcats from 2020 to 2022 are 60 times more likely to be stolen than other cars, data shows. Kia and Hyundai owners were previously plagued by theft issues thanks to a TikTok trend. The Hyundai Elantra is among the models affected by thefts sparked by the "Kia Boyz" TikTok trend, the automaker announced. Sjoerd van der Wal/Getty ImagesThe trend was popularized by the "Kia Boyz," who posted stealing the certain Kia and Hyundai models using a screwdriver and USB cord. Affected drivers included owners of certain Kia models made between 2011 and 2021 and certain Hyundai models from 2016 to 2021.

Persons: Raymond Boyd, HLDI, Matt Moore, Dodge, it's Kia, Kia Sportage, Sjoerd van Organizations: SRT Hellcat, Kia, Hyundai, Data, Stellantis, Hellcats, Wal, Getty Locations: Stellantis North America

☆ Telo's tiny pickup and Canoo's EV are having a moment. Here are the hottest small vehicles on the road right now.
▼ + stars: | 2023-07-06 | by ( Will Gendron | ) www.businessinsider.com time to read: +3 min

Compact trucks are becoming a hot commodity in the US. The popularity of Japanese-made Kei trucks and new models from EV startups are indicative of a trend. Here are the tiny trucks that are taking US roads by storm. Other car makers are getting in on the trend as compact pickup trucks have become more common on the road. And startups like Telo and Canoo are working on new, fully-electric models, like the Telo MT1 and Canoo's pickup truck.

Persons: we've, Matt Matusiak, Ford's, Matusiak, Todd Gato Organizations: Japan, Toyota Corolla, Federal Motor Vehicle, National, HVNY Imports, Ford Locations: Florida, Edmunds, New York

☆ Kia and Hyundai will pay out millions to people who had their cars stolen in Tik-Tok inspired 'Kia Boys' thefts
▼ + stars: | 2023-05-18 | by ( Chris Panella | Jack Newsham | ) www.businessinsider.com time to read: +3 min

Kia and Hyundai will pay millions to people who had their cars stolen in a Tik-Tok inspired trend. The "Kia Boys" trend involved using a common USB charging cord or metal object to start the car. Kia and Hyundai will pay millions of dollars to people who had their car stolen thanks to a missing antitheft device and a TikTok-inspired trend. It affects owners of certain 2016 to 2021 Hyundai models and certain Kia models made between 2011 and 2021. The spike in theft of the models is partially thanks to a TikTok trend from the "Kia Boyz," which followed people breaking into Kia and Hyundai models only using a screwdriver and a USB cord.

☆ Tiktok-inspired 'Kia Boys' car thefts could be a $600 million problem, according to a new court document
▼ + stars: | 2023-04-27 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

In cities across the country, thefts of Hyundai and Kia vehicles have skyrocketed. Now some drivers are trying to get Kia and Hyundai to pay the tab, saying the security features were illegally lax. And recently, auto insurers made a preliminary estimate of the total cost: $500 million to $600 million. But actually installing the updates in a reported 3.8 million Kias and 4.5 million Hyundais is another story, and state regulators have urged the carmakers to recall the impacted vehicles. She said Hyundai and Kia should move quickly to get a handle on the case and win back public trust.

☆ Kia and Hyundai Thefts Are Soaring — and It's TikTok's Fault
▼ + stars: | 2023-03-16 | by ( Britta Lokting | ) www.businessinsider.com time to read: +12 min

Lebeau-Chorn and Jenkins are just two victims of an unprecedented surge in car thefts that has swept across US cities in the past two years. The situation has become so critical that two major auto-insurance companies, State Farm and Progressive, have stopped insuring vulnerable Kia and Hyundai models. Safety shortcutsThe TikTok video that sparked the challenge — a how-to reportedly created by user @robbierayyy — exposed a security flaw in Kia models from 2011 to 2021 and Hyundai models from 2015 to 2021. All Kia vehicles are subject to and comply fully with rigorous testing rules and regulations outlined in the Federal Motor Vehicle Safety Standards." In Illinois last month, three 13-year-olds were arrested after being seen in a stolen Kia that hit and killed a 71-year-old man.

☆ Amazon's Zoox robotaxi now giving rides to employees on public roads in California
▼ + stars: | 2023-02-13 | by ( Annie Palmer | ) www.cnbc.com time to read: +3 min

Amazon -owned autonomous vehicle venture Zoox said on Monday that it is now testing its self-driving robotaxis on public roads in California with passengers on board. Zoox executives said the company began the tests after it received approval from the California Department of Motor Vehicles last week. Zoox said one of its vehicles completed a test run with employees on board over the weekend. Zoox unveiled its custom-built, electric robotaxi in 2020, with an eye on offering on-demand autonomous transportation in urban settings. It will continue to test the vehicle with employees and expects to launch a shuttle service for staffers this spring.

☆ Tesla to recall more than 1 million vehicles because automatic windows might exert 'excessive force' while closing
▼ + stars: | 2022-09-22 | by ( ) www.nbcnews.com time to read: +1 min

WASHINGTON — Tesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury. The electric vehicle manufacturer told the National Highway Traffic Safety Administration it would perform an over-the-air software update of the automatic window reversal system. The recall covers some 2017-2022 Model 3, 2020-2021 Model Y, and 2021-2022 Model S and Model X vehicles. NHTSA said a closing window without the proper automatic reversing system may exert excessive force by pinching a driver or passenger before retracting, increasing the risk of injury. Tesla said starting Sept. 13, vehicles in production and in pre-delivery received a software update that sets power-operated window operation to the requirements.

☆ Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software
▼ + stars: | 2022-09-22 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) it would perform an over-the-air software update of the automatic window reversal system. The recall covers some 2017-2022 Model 3, 2020-2021 Model Y, and 2021-2022 Model S and Model X vehicles. Tesla said during product testing in August employees identified window automatic reversal system performance that had "greater than expected variations in response to pinch detection." Tesla said starting Sept. 13, vehicles in production and in pre-delivery received a software update that sets power operated window operation to the requirements. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Shepardson Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Tesla recalls more than a million cars over a fault with its automatic windows
▼ + stars: | 2022-09-22 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

Tesla is recalling over one million cars due to an issue with its automatic windows, per the NHTSA. The window automatic reversal system might not work if an obstruction gets in the way, the NHTSA said. The NHTSA said 1,096,762 Tesla vehicles could have the fault. Tesla was not aware of any reports, injuries, or deaths related to the fault with its automatic windows, the document said. The NHTSA said in the filing that Tesla is expected to carry out a free software update for the automatic window reversal system.

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