Google spins out car project with mission to sell

USA TODAY takes a look at three cars at this year's L.A. Auto Show that cost more than $100,000. Waymo, the newly renamed Google self-driving car company, showed off its two seat prototype and new logo in the lobby of a San Francisco building Tuesday. SAN FRANCISCO -- By renaming itself Waymo, Google's self-driving car project officially changes lanes from research project to business enterprise that, at some point soon, will have to turn a profit. "We'll continue to have access of infrastructure and resources Alphabet provides, but we also have this feeling of being a venture-backed startup," said John Krafcik, formerly CEO of Google Cars and now leader of Waymo, said at an event here Tuesday. Krafcik said "we are all in on fully driverless solutions, that's what we're all about."