Nasdaq and S&P 500 see the biggest single-day gain in two weeks
The government must get off its ideological perch, harness the goodwill shown during the pandemic and work with business to improve the nation’s health
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Evraz is under sanctions by the UK and EU after Russia’s invasion of Ukraine
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Emergence from EU’s enhanced surveillance framework will allow the country greater freedom in making economic policy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
It’s time to talk about the safety of in-car tech that takes a driver's attention off the road
Seoul — As Google’s Waymo, General Motors (GM) and others race to bring driverless vehicles to showrooms, the argument over who will buy cars in the technology era is getting louder.
Hyundai, a latecomer to electrification and autonomous driving, is betting against individuals owning robot cars and preparing for a future in which the biggest buyers will be ride-sharing giants such as Uber, Lyft and GrabTaxi. The South Korean vehicle maker said in January that it invested in Singapore-based Grab, Southeast Asia’s biggest cab-hailing service.
"The trend is now changing," Woongjun Jang, director of Hyundai’s advanced driver assistance system development group, told Stephen Engle in a Bloomberg TV interview on February 8. "In the past, people liked to own their cars. In the near future, I think the owner of the self-driving market will be mobility-service providers."
Car ownership is here to stay
Jang is the latest to weigh in on a topic fiercely contested by some industry veterans incl...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.