Driverless Transportation

The Driverless Transportation (D20) Stock Index soared to an all-time high of 147.326 last week, closing Friday up 6.8 points, or 4.8 percent, driven largely by Google (GOOG), which rose nearly 8 percent. Google announced quarterly net income of $3.6 billion as revenues rose 12 percent. The Internet giant also launched its Project Fi phone service designed to offer a seamless blend of wireless and cellular technology.

The week was positive for all but three of the 20 stocks making up the D20, with French auto-parts supplier Valeo (VLEEY) rising more than 7 percent to 82.04, China’s BYD Co. (BYDDY) rising 9.3 percent to 12.37, and Volvo (VOLVY) skyrocketing 22 percent to close Friday at 13.86. Volvo fired its CEO and hired the chief of rival Swedish truck maker Scania. GM was the worst D20 performer, falling nearly 3 percent to 35.59.

The D20 Index began on August 1, 2014 valued at 139.694, and was launched publicly October 7. It includes OEMs, parts suppliers, technology companies, and technology OEMs, from around the world.

Visit the Driverless Trans D20 Stock Index page to learn more about it and its component stocks.