Tesla, Ford among automakers to get low ratings for partial automation systems
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 13 March 2024
⏱️ 7 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Wednesday, March 13th. I'm Julie Morgan. Only one partial driving automation system has earned a |
| 0:16.0 | thumbs up. How much will Intel receive from the U.S. Chips and Sciences Act and |
| 0:21.7 | Airlines are now going with Plan B. |
| 0:25.0 | Partial driving automation systems from major automakers such as Tesla, Ford and General Motors |
| 0:32.0 | received dull ratings from a study which noted that most of the systems did not include adequate measures to prevent misuse or retain driver focus. |
| 0:42.0 | A study by the Insurance Institute for Highway Safety |
| 0:45.5 | tested about 14 partial driving automation systems from BMW Ford General Motors |
| 0:51.8 | Genesis, Lexis, Mercedes-Benz, Nissan, Tesla, and Volvo, and Volvo, and |
| 0:57.0 | Volvo and found only one of them to earn an acceptable rating. |
| 1:01.0 | Two were rated marginal and 11 were rated poor. |
| 1:04.0 | The president of I.I.H.S. said some drivers may feel that |
| 1:09.0 | partial automation makes long drives easier, |
| 1:12.0 | but there is little evidence that it makes driving safer. |
| 1:15.2 | The study found the teammate system available on the Lexis LS to be the only system tested |
| 1:21.0 | that earns an acceptable rating. |
| 1:23.0 | Meanwhile, the GMC Sierra and Nissan Araya earned marginal ratings. The Ford Mustang Mock E, Genesis G90, Mercedes-Benz C-class sedan, Tesla Model 3 and Volvo S-90 got poor ratings, |
| 1:38.8 | and in some cases for more than one version of partial automation. |
| 1:44.0 | The Pentagon has reportedly ended its plan to put forth $2.5 billion on a grant for Intel. |
| 1:50.0 | According to Bloomberg citing people familiar with the situation, the decision now |
| 1:55.2 | leaves the U.S. Commerce Department, which is responsible for doling out the funds from |
| 2:00.0 | the U.S. Chips in Science Act to make up the shortfall. The Commerce Department was initially only supposed to cover 1 billion of the 3.5 billion |
... |
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