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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Techrobot

This German-made robot will park your car

By
Sam Frizell
Sam Frizell
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By
Sam Frizell
Sam Frizell
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February 9, 2015, 5:00 PM ET
Courtesy of Serva Transport Systems
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Thank you, your robot will park your car now.

At Germany’s Dusseldorf airport, a robotic valet is helping fliers park and retrieve their cars. It’s not a humanoid driver, rather, a parking bay that lifts up your car and slots it into a spot.

The automated forklift truck allows travelers to drop the car off in the designated area before lifting the car up and dropping it in place. You can also notify the robot from your smartphone when you’ve landed, and RAY will deliver your car for you.

Serva Transport, the German maker of the so-called RAY, says the space-saving system can park 60% more cars than a human driver.

Dusseldorf’s airport charges 29 euros a day or 4 euros an hour for the service, CNN reports.

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