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    BMW   DE0005190003

BMW AG

(BMW)
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Real-time Estimate Tradegate  -  04:08:27 2023-01-27 am EST
92.78 EUR   +0.46%
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Tesla Autopilot scores low for driver engagement in European safety rating

10/01/2020 | 04:10am EST
FILE PHOTO: Advertisement promotes Tesla Autopilot at a showroom of U.S. car manufacturer Tesla in Zurich

Tesla Inc's Autopilot has ranked sixth in 10 driver assistance systems evaluated in a European safety assessment, scoring low on its ability to keep drivers engaged.

The Tesla Model 3's Autopilot scored just 36 when assessed on its ability to maintain a driver's focus on the road. But it gained the highest marks for performance and ability to respond to emergencies, receiving an overall score of 131 and a rating of 'moderate'.

In contrast, the Mercedes GLE's system, which had the highest overall score of 174 and received the top rating of 'very good', received a score of 85 for driver engagement. Most other vehicles had scores of 70 or above for driver engagement.

The European New Car Assessment Program (NCAP), which worked with UK insurance group Thatcham Research, called the assessments the first consumer ratings specifically focused on driver assistance systems - technology that automates some tasks, including acceleration, braking and steering support.

Safety and insurance researchers have frequently warned of the risks of consumers overestimating the systems' abilities, a misconception increased by some automakers calling their products Autopilot, ProPilot or CoPilot.

Tesla's Autopilot has been criticized by the U.S. National Transportation Safety Board for allowing drivers to turn their attention from the road and U.S. regulators have investigated 15 crashes since 2016 involving Tesla vehicles equipped with Autopilot.

"Unfortunately, there are motorists that believe they can purchase a self-driving car today. This is a dangerous misconception that sees too much control handed to vehicles that are not ready to cope with all situations," said Matthew Avery, a Euro NCAP board member and research director at Thatcham Research.

In addition to the Mercedes GLE, the BMW 3-Series and the Audi Q8, received the highest rating of 'very good' while two models, the Renault Clio and the Peugeot received the lowest rating of 'entry'.

By Tina Bellon


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BMW AG 0.62% 92.94 Delayed Quote.10.76%
PEUGEOT SA -4.21% 21.85 End-of-day quote.-2.32%
RENAULT 0.50% 38.01 Real-time Quote.20.96%
STELLANTIS N.V. 0.56% 14.132 Delayed Quote.5.96%
TESLA, INC. 10.97% 160.27 Delayed Quote.30.11%
VOLKSWAGEN AG 1.04% 126.26 Delayed Quote.7.37%
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Financials
Sales 2022 138 B 149 B 149 B
Net income 2022 17 903 M 19 428 M 19 428 M
Net cash 2022 25 397 M 27 561 M 27 561 M
P/E ratio 2022 3,52x
Yield 2022 7,72%
Capitalization 59 144 M 64 182 M 64 182 M
EV / Sales 2022 0,25x
EV / Sales 2023 0,23x
Nbr of Employees 118 909
Free-Float 57,3%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 92,35 €
Average target price 101,37 €
Spread / Average Target 9,77%
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Managers and Directors
Oliver Zipse Senior VP-Corporate Planning & Product Strategy
Nicolas Peter Group Leader-Corporate Finance
Norbert Reithofer Chairman-Supervisory Board
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Chairman-General Works Council
Sector and Competitors
1st jan.Capi. (M$)
BMW AG10.76%64 182
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MERCEDES-BENZ GROUP AG11.24%78 772
VOLKSWAGEN AG7.37%78 721
GENERAL MOTORS COMPANY8.44%51 600
FORD MOTOR COMPANY9.97%51 422