China's BAIC seeks to buy 5% Daimler stake, report says
China’s BAIC wants to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Beijing Benz, the automakers’ Chinese joint venture, Reuters reported.
Fiat Chrysler to spend $2 billion on CO2 fines and credits
The $2 billion to be spent by FCA in fines and credit purchases over three years compares with $10 billion that it plans to invest in EVs within the 2018-22 business plan.
Startup suggests verifying self-driving cars like computer chips
Israeli startup Foretellix wants the auto and tech industries to reconsider the way self-driving systems are vetted and validated.
Hyundai Venue's goal: Redefine 'entry level'
Hyundai’s goal in offering a stylish urban crossover at an economy car price is to convert used-car shoppers into new-vehicle buyers and bring them to the brand’s fold.
Turning a liability — a mothballed plant — into an asset
FCA’s fast-moving plan to turn a brownfield into a vehicle assembly plant is a reminder that mothballed plants can enable an automaker to chop months or years off the timetable to add capacity and seize on a market opportunity.