Nissan

Nissan designs golf ball to help sink a 60-foot putt

For struggling golfers out there, take heart: Nissan has an autonomous golf ball that will let you sink that 60-foot putt every time, according to Golf.com.

Automakers' big profit squeeze

Car exhaust in the shape of dollar signs
Illustration: Sarah Grillo/Axios

Carmakers are in a tough spot: Global auto sales are slowing faster than they can reinvent themselves as transportation service providers.

Why it matters: It will be years before investments in new technologies like electric, self-driving cars pay off — if ever. With sales stagnating in major markets like the U.S. and China, and traditional sources of revenue drying up, carmakers are slashing fixed costs and contemplating their place in the new order.