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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  • SCE to AUX "...since the truck’s molasses-speed rollout". Except that it's the best-selling electric truck - to my surprise. What do you not get in this cheaper version? That would have been useful information to include when writing about a less-configured vehicle.
  • Kars in Canada you can buy a base Toyota corolla hybrid for $30,000 while the Fiat costs nearly $38,000 with the $5000 provided by the Feds - need I say more.
  • SCE to AUX "Like us, Europe has also seen consumers shifting away from all-electric vehicles. Early adopters have already adopted and prices for EVs remain comparatively high." Interesting, except none of that is true.
  • SCE to AUX "sales have been abysmal since the brand dumped its combustion counterpart". Sales were abysmal even with the combustion counterpart. Fiat is not an EV bellwether.
  • Pianoboy57 Oh the looks you're going to get showing up at the club in the non-foundation model. I hope your self-esteem can take it.