Data-Gathering Partners GM, Mobileye Lead the D20

After a bull rush two weeks ago with all 20 stocks rising, the Driverless Transportation (D20) Stock Index settled down last week to eight gainers and 12 losers. Following four weeks of consecutive gains, the D20 caught its breath and slipped 0.40 to close at 149.18.

The D20’s leading price gainer was Mobileye (MBLY), up nearly 3 percent over last week’s close while partner GM (GM) was the biggest loser. GM’s dispute with regulators over the safety of updated Takata airbags and a disastrous May for new car sales conspired to knock 5.7 percent off its price. It closed the week at $29.59, its lowest price since early April.

But the data-gathering power of partners Mobileye  and GM is beginning to generate interest. Some realize that GM’s 3 million new cars a year equipped with OnStar coupled with Mobileye’s road-experience management (REM) localization product could overtake Google (GOOG) and Tesla (TSLA) in number of miles-per-day of detailed road data collected. This data gathering exercise is becoming increasing important to the goal of totally autonomous vehicles.

The D20 kept pace with the Dow, which lost 0.4 percent to finish the week at 17807.06, while the S&P 500 essentially remained unchanged.

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