According to a new study, only a handful of car companies are likely to continue their ambitious AI investments in the years ahead, Reuters reports, citing technology research firm Gartner. By 2029, only 5% of automakers will continue with their AI investment growth, down from over 95% today, Gartner’s report showed. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- Going for Recall Gold: Ford Stock (NYSE:F) Slips as Another Recall Kicks In
- Trump Weekly: President approves U.S. manufacturing of ‘tiny cars’
- Trump Trade: President confirms approval for compact vehicle manufacturing
- Trump says ‘TINY CARS’ approved to be built in America
- Ford Stock (NYSE:F) Quiet as the Mach-E Mustang Gets a New Feature in 2026