Report: Second Chinese Automaker Amassing Big Daimler Stake

A year after Chinese automaker Geely announced the purchase of a nearly 10-percent stake in auto giant Daimler AG, a second carmaker from the People’s Republic is reportedly interested in acquiring a piece of the German company’s action. A stealthy accumulation of shares could already be underway.

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Nissan Wants to Take Control of Mitsubishi Motors: Report

Nissan Motor Company wants to buy a controlling stake in Mitsubishi Motors, according to a report by the Japanese broadcaster NHK.

The deal would see Nissan invest 200 billion yen ($1.84 billion) into the scandal-plagued automaker, giving Nissan control, Bloomberg reports.

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Future Of Industry, Mobility To Be Shaped At Detroit Tech Conference

Part of the automobile’s future may be linked to concerns of safety, fuel efficiency and the environment, but connected- and autonomous-vehicle technologies, among other disruptors, look to flip the table on the century-old game as the 21st World Congress on Intelligent Transport Systems gets underway this week in Detroit.

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  • Surakmn Wrong question, for a lot of people even a PHEV has enough range for commute or errands. The problem is lack of a cost effective, speedy and available charging infrastructure. With an ICE you're usually never more than a few miles away from a ten minute fill up. THAT is what makes me comfortable on a cross country trip. Electrics can manage more routes than many people realize but you have to plan it out and allow for charging times and pray charging stations are real and working shopping the way. It's a few years out yet.
  • John I had an 87 escort GT that was silver, it was a fun little car and got 35+ mpg average, one time I got 42 average on a turnpike trip.
  • Jho65697139 That's going to take a lot of buffing.
  • Corey Lewis No need for unique qualifications to care for this thing, it's just a Corolla with a different body on it.
  • Jeff S How's you Fiat doing?