Experts cite highly competitive pricing, more distracted driving and the increasing frequency and severity of medical claims as significant challenges in the commercial auto insurance market.
Volvo Car Group said it expects to soon start phasing out vehicles powered solely by fossil fuels, joining a parade of manufacturers in shifting toward electrics more quickly than most in the industry expected a few years back.
Uber is suspending its self-driving car program after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona. Another car failed to yield for the Uber car.
Automakers have been replacing traditional gear shifts with buttons, knobs and wheels to spruce up vehicle interiors but that is confusing motorists and diminishing safety, Consumer Reports says.