Description
Added on the 12/08/2020 08:18:00 - Copyright : Auto Moto EN
General Motors gained as much as 8.9% to a record high on Tuesday. The gain comes on news that its autonomous vehicle subsidiary, Cruise, is receiving a large investment from Microsoft. Microsoft joins a number of companies in a $2 billion funding round for Cruise. Tuesday's price is a record-high for GM since it emerged from bankruptcy at the end of the Great Recession. The partnership will accelerate the commercialization of self-driving vehicles. It brings together the two companies' software and hardware engineering expertise, cloud computing capabilities, and manufacturing knowledge.
Beck Diefenbach / Reuters Consumer Reports released its second-ever ranking of driver-assistance systems on Wednesday. Tesla once again took second place, but an increasingly crowded field is quickly encroaching. Autopilot outpaced competitors in capabilities and performance, but sank to the bottom for categories like driver engagement and clarity around safety. Consumer Reports' rankings come as Tesla launches its "full self-driving" beta software, which is not actually self-driving. Visit Business Insider's homepage for more stories. Tesla's poor track record of keeping drivers engaged while Autopilot is on cost the automaker significant points in Consumer Reports' latest ranking of driver-assistance systems.