Categories U.S. Markets News

Google to team up with Renault-Nissan-Mitsubishi for Waymo self-driving cars – Nikkei

Tokyo-based financial news giant Nikkei on Tuesday reported that the Renault-Nissan-Mitsubishi alliance would jointly develop autonomous taxis and other services using self-driving vehicles with Alphabet Inc’s (GOOGL) Google.

From the report, it can be assumed that Google’s autonomous car project Waymo could very well be the entity the carmakers could work with. According to the Asian financial daily, a plan for the arrangement would be announced as early as 2019 spring.

Nissan vehicles could be at the helm of this joint development along with a system to handle reservation and payments, much like Uber.

Renault-Nissan-Mitsubishi alliance will tie up with Google Waymo
Waymo’s fully self-driving Chrysler Pacifica Hybrid minivan on public roads (Credit: Google Waymo)

However, recent media reports state that the Renault-Nissan-Mitsubishi alliance denied any association. According to a spokesperson, the story could as well be speculation.

Google’s Waymo withheld any official response.

This news comes just a month after the Ghosn situation developed further.

 

THE GHOST OF GHOSN’S CASE

On January 22, a Tokyo court rejected former Nissan boss Carlos Ghosn’s latest request for bail. Shortly after Ghosn’s initial arrest back in November of 2018, he was ousted from the chairmanship of both Nissan and Mitsubishi. However, he remains CEO and chairman of their French partner Renault. The three-way auto alliance have been in turmoil since his arrest.

 

Nissan might sue ousted chairman Carlos Ghosn

Earlier in January, reports emerged suggesting that Carlos Ghosn might be facing a civil suit from Nissan after his arrest in Tokyo for allegedly using company funds for personal needs. He was charged with three counts of financial misconduct, and has been held at a detention center in Tokyo, Japan for almost two months.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

FDX Earnings: FedEx Q1 adjusted earnings drop; revenue up 5%

Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted

Key highlights from Darden Restaurants (DRI) Q1 2023 earnings results

Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results. Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%. Net earnings amounted to

ACN Earnings: Key quarterly highlights from Accenture’s Q4 2022 financial results

Accenture (NYSE: ACN) reported fourth quarter 2022 earnings results today. Total revenues were $15.4 billion, up 15% year-over-year in US dollars and up 22.4% in local currency. Net income attributable

Comments

  1. Pingback: 1supplies
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top