Category: News Alert

Amazon to buy Zoox for more than $1B

June 26, 2020

Amazon has reportedly agreed to purchase self-driving startup Zoox for more than $1 billion. The move would allow the retail giant to expand its reach into autonomous vehicle technology. “A majority of Zoox investors are getting their money back, with …

Ford, FCA production back in full swing

June 22, 2020

Ford and FCA are on the path to resuming pre-COVID-19 production schedules only five weeks after the OEMS restarted its North American operations industry-wide. “The return to normal operating patterns signifies strong consumer demand, that automakers have been able to …