Stefan Nicola

2 days ago | news.bloomberglaw.com | Stefan Nicola

Two decades ago, the US military kicked off the race to build self-driving cars by sending a fleet of fledgling robot vehicles across the Mojave Desert in its seminal Darpa challenge. By 2015, autonomous vehicle technology was being widely pursued, and the industry was abuzz with predictions that driverless cars would soon be everywhere. It didn’t happen. Some legacy carmakers and startups abandoned their efforts, citing excessive costs and complexity.

2 days ago | bloomberg.com | Stefan Nicola

A Tesla Cybercab prototype. (Bloomberg) -- Two decades ago, the US military kicked off the race to build self-driving cars by sending a fleet of fledgling robot vehicles across the Mojave Desert in its seminal Darpa challenge. By 2015, autonomous vehicle technology was being widely pursued, and the industry was abuzz with predictions that driverless cars would soon be everywhere. It didn’t happen. Some legacy carmakers and startups abandoned their efforts, citing excessive costs and complexity.

1 month ago | detroitnews.com | Stefan Nicola |Monica Raymunt

Volkswagen AG’s namesake brand hardly generated any returns in the first quarter after costs linked to European emissions rules and US tariffs weighed on results. VW’s operating margin fell to 0.5%, from 3.9% in the same period last year, the brand said Friday. It’s sticking to its goal of a 4% operating margin for the full year, which will require exceeding that target in one or more quarters.

1 month ago | bloomberglinea.com | Stefan Nicola |Monica Raymunt |Krisztian Bocsi

Bloomberg — La marca homónima de Volkswagen AG apenas generó beneficios en el primer trimestre, después de que los costos relacionados con la normativa europea sobre emisiones y los aranceles estadounidenses lastraran los resultados. El margen operativo de VW cayó al 0,5%, desde el 3,9% del mismo periodo del año anterior, según informó la marca el viernes.

1 month ago | bloomberg.com | Stefan Nicola |Monica Raymunt

A range of Volkswagen vehicles at the VW headquarters in Wolfsburg, Germany. (Bloomberg) -- Volkswagen AG’s namesake brand hardly generated any returns in the first quarter after costs linked to European emissions rules and US tariffs weighed on results. VW’s operating margin fell to 0.5%, from 3.9% in the same period last year, the brand said Friday. It’s sticking to its goal of a 4% operating margin for the full year, which will require exceeding that target in one or more quarters.