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DETROIT: It's been more than half a century since some of the first concept cars boasting self-driving features were presented to the world and they're still not on the roads. But many auto executives say the industry is on the cusp of welcoming vehicles that make the idea of keeping both hands on the wheel an anachronism.
SAN FRANCISCO: Google reported Thursday that its quarterly profit rose with a jump in revenue and released word that its chief business officer was leaving the company.
DETROIT: Fully automated driverless cars could make up nearly 10% of global vehicle sales, or about 12 million cars a year, by 2035, the Boston Consulting Group said on Thursday.
STUTTGART, Germany: Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
KUALA LUMPUR: CIMB Equities Research has upgraded Malaysian Pacific Industries (MPI) the stock from Hold to Add with a higher RM9.70 target price due to the higher earnings growth, driven by a recovery in smartphone demand.
PETALING JAYA: CIMB Equities Research has upgraded Malaysian Pacific Industries Bhd (MPI) from “hold” to “add” with a higher RM9.70 target price due to the higher earnings growth, driven by a recovery in smartphone demand.