Europe's largest automaker will this month unveil a new business strategy aimed at improving accountability and speeding up model development, with greater investments in electric cars, new technologies and mobility services among the key elements, company sources have said.
The Japanese automaker is discussing an acquisition of Boston Dynamics -- known for the Cheetah, which is claimed to be the world's fastest-legged robot.
The company is aiming to better compete with other electric car makers such as Tesla.
The snoozy GIF says it all -- or does it?
Companies such as Ford and Toyota now recognize they may turn ride-hailing services and car sharing companies into steady customers for all sorts of vehicles.
BMW's move is the latest in a flurry of investments by automakers in technology industry startups that appear to be aimed at convincing consumers to do without owning their own cars, or driving vehicles as often.
Toyota Motor Corp said on Monday it will recall almost 1.6 million additional U.S. vehicles for front passenger side Takata air bag inflators that could rupture.
The deal is a lifeline for Mitsubishi Motors, which is mired in its third scandal in two decades and has had $3 billion wiped off its market value
You need to see it to believe it.
Anonymous sources say the partnership could be announced soon.
Tile, a startup that makes Bluetooth-enabled trackers, and Jaguar Land Rover are working together so its vehicles will know where you left your stuff.
'EVs for us are just another screen. We see cars in the future as an extension of the Internet, another entry point for us to sell web-based content and services,' says Jia Yueting.
That would include versions of the Jetta sedan, the Golf compact and the Audi A3 sold since 2009.
Cruise founder and CEO Kyle Vogt has filed a complaint in San Fracisco Superior Court against a man he says is falsely claiming a stake in the company.
Copyright © 2016 Entrepreneur Media, Inc. All rights reserved.
© 2016 Entrepreneur Media, Inc.