Uber CEO Travis Kalanick has stepped down following weeks of turmoil and mounting pressure from five of Uber’s major investors. A shakeup at the top is a start, but can a company made so closely in its founder’s image succeed in redefining itself? A major turnaround is necessary, says PVMI…Read More
On the heels of a lawsuit accusing Uber of stealing trade secrets, the embattled company is now struggling to overcome revelations about its toxic workplace culture. CEO Travis Kalanick has taken a leave of absence, leaving a group of 14 senior executives in charge to figure out a new course.…Read More
Alphabet’s recent lawsuit against Uber for patent infringement and stealing trade secrets may lead to a reevaluation of competition and intellectual property protection within the automobile industry. According to PVMI Director John Paul MacDuffie,”These are trade secrets that are incredibly hot and at the heart of a fierce and fast-paced…Read More
Ride-hailing and autonomous vehicles are poised to rapidly transform global transportation culture. According to PVMI Director John Paul MacDuffie, these changes will also give rise to new opportunities for businesses beyond the auto industry, including insurers, healthcare providers, delivery companies, auto repair companies, and parking garages, to name a few. Alongside…Read More
On his campaign trail, President Trump widely accused China of stealing American jobs and using unfair trade practices. But the reality is more complex: a Chinese firm recently bought a closed GM plant and turned it into a glass factory, in fact giving a lifeline in a hard-hit part of…Read More
The recent legal battle between Uber and Waymo, a subsidiary of Google’s parent company Alphabet, has created some roadblocks along the path to commercializing self-driving cars. Waymo has accused Uber of violation of trade secrets and patent infringements, and sought to bar Uber from using its proprietary technology. According to PVMI…Read More
Recent emissions scandals have taken their toll on the global auto industry. Amid more stringent regulations and oversight following Volkswagen’s cheating, Renault and Fiat Chrysler have recently faced allegations of violating clean-air regulations, which have sent their stock prices tumbling.…Read More
The advent of self-driving vehicles brings about many challenges, particularly with regulations and insurance companies. PVMI Director John Paul MacDuffie points out in the Philadelphia Inquirer that many of these challenges arise from the lack of unified tech standards across different automakers and between automakers and software companies.…Read More
Electric cars have been in the market for years but do not yet have the prevalence of traditional gasoline vehicles. To figure out when the tipping point of adoption may be, PVMI sponsored a forecasting challenge to predict when electric and self-driving vehicles will become mainstream.…Read More
Closing America’s job skills gap hinges on apprenticeship programs, suggests a new Department of Commerce study. Apprenticeships train workers to fill important jobs, providing companies with a talent pipeline, and perhaps most critically, allow companies to bring on highly skilled workers to complement new technologies and equipment. Despite fears surrounding…Read More
