Cybersecurity is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted by Munich Re. The world’s second-biggest reinsurer found that 55 percent of corporate risk managers surveyed named cybersecurity as their …
Most companies are unprepared for the emergence of autonomous vehicles (AVs), according to corporate risk managers surveyed by Munich Re at the 2016 Risk and Insurance Management Society Conference (RIMS). Despite the potential business impact of this technology, a majority …
Every car on the roads is an accident waiting to happen. It’s about time Silicon Valley woke up to the fact. The boom in autonomous-driving technology offers the prospect of one day reducing the roughly 90 percent of road accidents caused by so-called human …
Almost three-quarters of U.S. drivers are eager to replace the daily commute’s drudgery with a self-driving car and 80 percent say they would pay extra to have a robot take the wheel, according to a survey that contradicts other recent …
The U.S. robotics expert tapped to head Toyota’s Silicon Valley research company says the $1 billion investment by the giant Japanese automaker will start showing results within five years. Gill Pratt told reporters that the Toyota Research Institute is also …
Self-driving cars must increase safety at least twofold to make a real dent in the 38,000 lives lost on American roads last year, the U.S. auto safety chief said as the federal government prepares to release rules for autonomous vehicles …
Self-driving cars are expected to usher in a new era of mobility, safety and convenience. The problem, say transportation researchers, is that people will use them too much. Experts foresee robot cars chauffeuring children to school, dance class and baseball …
A group of companies including Alphabet Inc.’s Google, Ford Motor Co. and Uber Technologies Inc., are forming a coalition to advocate for safety regulations for self-driving cars and to bring them to American roads. The group, which also includes Volvo …
The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in road accidents in America alone. “If the situation was reversed, …
Volvo’s North American CEO, Lex Kerssemakers, lost his cool as the automaker’s semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show. “It can’t find the lane markings!” Kerssemakers griped to Mayor Eric …