Back in 2009, the $80 billion auto industry bailout met with severe backlash from both lawmakers and a public already angered by the taxpayer expense needed to salvage Wall Street. Ten years after the financial crisis that nearly caused the industry’s collapse, PVMI director John Paul MacDuffie evaluates the bailout’s merits.…Read More
The Trump administration has issued a proposal to reverse Obama-era fuel efficiency standards and prohibit states like California from setting their own stricter standards. Such a move could negatively impact the competitiveness of the U.S. automotive sector, says PVMI director John Paul MacDuffie.…Read More
The U.S. experienced a jump in traffic fatalities in the years 2014-2016, reversing a downward trend that began after the end of World War II. Distracted driving is a public health crisis, but fully autonomous vehicles are still many decades in the future, says PVMI director John Paul MacDuffie.…Read More
Uber has received a temporary license to operate in London, giving the company a chance to demonstrate that it has indeed changed its controversial ways. The city’s transportation regulator denied Uber a five-year license in 2017.…Read More
In March, news broke that a self-driving car belonging to Uber accidentally struck and killed a pedestrian in Arizona. It was the first non-passenger death caused by an autonomous vehicle (AV) in the United States. …Read More
Can Tesla make the transition from niche product to mass-market manufacturer? It’s the pressing question on the minds of investors and analysts, yet CEO Elon Musk did little to quell their concerns on a call in early May.…Read More
Two recent fatal accidents involving autonomous vehicles have raised concerns about the future of driverless technology. In an interview with Knowledge@Wharton, PVMI Director John Paul MacDuffie discusses the importance of being compassionate and responsible on the frontier of autonomous vehicle development.…Read More
Auto industry experts were shocked when Uber settled the lawsuit brought by Waymo weeks before the trial was expected to end. …Read More
2017 experienced a sharp decrease in the number of vehicles sold for US automakers, putting an end to seven years of sales growth. Despite this drop, PVMI director John Paul MacDuffie asserts that “it was a strong year,” as electric cars and autonomous vehicle are on the rise.…Read More
After Uber failed to notify regulators and the public about a huge data breach, the company is facing serious long-term threats if customers continue to worry about its safety compliance, especially as the industry moves towards driverless cars. …Read More
