Cars Braking Themselves Boost Mobileye Q3 Past Views
Sales of advanced car safety systems for automakers surged in supplier Mobileye’s (MBLY) estimate-beating third quarter, sending its stock up Tuesday morning. With many new cars now capable of collision avoidance by keeping a car in-lane, and automatically braking on their own, the auto industry is on its way to self-driving cars. The safety systems use cameras and sensors. Mobileye supplies advanced driver assistance systems (ADAS) — its software