financetom
Business
financetom
/
Business
/
Amazon's Zoox Unit Issues Software Recall for 270 Robotaxis
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon's Zoox Unit Issues Software Recall for 270 Robotaxis
May 29, 2025 5:58 AM

08:33 AM EDT, 05/29/2025 (MT Newswires) -- Amazon's ( AMZN ) Zoox unit is recalling 270 of its vehicles equipped with the automated driving systems software, which had versions released before May 21, as the software may let the vehicle move after "failing" to detect a human right next to the robotaxis, the National Highway Traffic Safety Administration said in a report filed by Zoox.

Zoox has updated the software without any charges, the report said.

The Amazon ( AMZN ) unit also filed a "voluntary" software recall on May 6 with the US auto safety regulator after an incident between an "unoccupied" Zoox robotaxi and a passenger car, where only "minor damage" took place to both vehicles.

Amazon's ( AMZN ) stock was up 1.7% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Simpson Manufacturing Q1 EPS, Net Sales Decrease
Simpson Manufacturing Q1 EPS, Net Sales Decrease
Apr 22, 2024
04:47 PM EDT, 04/22/2024 (MT Newswires) -- Simpson Manufacturing ( SSD ) reported Q1 earnings late Monday of $1.77 per diluted share, down from $2.05 a year earlier. Three analysts polled by Capital IQ expected $1.92. Net sales for the quarter ended March 31 were $530.6 million, down from $534.4 million a year earlier. Four analysts surveyed by Capital IQ...
Vaxcyte Insider Sold Shares Worth $490,199, According to a Recent SEC Filing
Vaxcyte Insider Sold Shares Worth $490,199, According to a Recent SEC Filing
Apr 22, 2024
04:46 PM EDT, 04/22/2024 (MT Newswires) -- Andrew Guggenhime, President and CFO, on April 18, 2024, sold 8,000 shares in Vaxcyte ( PCVX ) for $490,199. Following the Form 4 filing with the SEC, Guggenhime has control over a total of 95,679 shares of the company, with 95,679 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1649094/000141588924011322/xslF345X03/form4-04222024_080406.xml ...
Medpace Q1 Earnings, Revenue Rise; Updates 2024 Guidance
Medpace Q1 Earnings, Revenue Rise; Updates 2024 Guidance
Apr 22, 2024
04:47 PM EDT, 04/22/2024 (MT Newswires) -- Medpace Holdings ( MEDP ) reported Q1 earnings late Monday of $3.20 per diluted share, up from $2.27 a year earlier. Four analysts polled by Capital IQ expected $2.47. Revenue for the quarter ended March 31 was $511 million, up from $434.1 million a year earlier. Analysts surveyed by Capital IQ expected $512...
Cleveland-Cliffs Swings to Q1 Adjusted Earnings, Revenue Drops -- Shares Decline After Hours
Cleveland-Cliffs Swings to Q1 Adjusted Earnings, Revenue Drops -- Shares Decline After Hours
Apr 22, 2024
04:44 PM EDT, 04/22/2024 (MT Newswires) -- Cleveland-Cliffs ( CLF ) reported Q1 adjusted earnings late Monday of $0.18 per diluted share, swing from a loss of $0.11 per share a year earlier. Analysts polled by Capital IQ expected earnings of $0.21 per share. Revenue for the quarter ended March 31 was $5.20 billion, down from $5.30 billion a year...
Copyright 2023-2026 - www.financetom.com All Rights Reserved