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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  • FreedMike Ah, Chesterfield Mall...my old teenage stomping grounds. Bummer what happened to it, that's for sure. But that's what happens when the city council approves not one, but two "premium" outlet malls right down the road to be built. That killed this mall dead.And in case anyone's interested...yes, Teslas and other EVs are very popular in that neighborhood.
  • MaintenanceCosts Subarus can be durable, but they are going to demand more frequent and expensive regular maintenance than your typical Honda or Toyota. I suspect for a lot of third and fourth owners that means the economic equation favors scrapping them a bit earlier.
  • Bd2 Hyundai and Kia have zero problem selling their respective Ioniq and EV models at or above MSRP. EV9 is the top seller in it's segment.
  • Redapple2 366,000 miles is no small thing. The owners and the manufacturer: tip o the cap.
  • ToolGuy The 6 million residents of Missouri purchase twice as many Tesla vehicles as do the 5 million residents of Alabama. So now you know.