Product Development

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  • Newswire

    UPDATE 2-Opel chief rules out deal with Fiat  

    * Opel CEO sees need to improve volume, scale, utilisation * Opel to focus on efficiency sharing platforms with GM * Says eyeing high-def maps, Nokia not the only supplier (Adds additional comment from the company) By Edward Taylor RUESSELSHEIM, Germany, May 28 (Reuters) - Opel chief Karl-Thomas Neumann ruled out a deal with Fiat but said on Thursday he sees the need to improve volume, scale and utilisation in the auto industry and at his own company....More
  • Newswire

    UPDATE 2-Ford to offer access to electrified-vehicle patents for a fee  

    (Adds details on EV plans from Tesla, Ford, GM, Nissan, VW) May 28 (Reuters) - Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford's offer comes nearly a year after a move by Tesla Motors Inc, the California electric car maker, to share its patents with other companies, though at no charge....More
  • Newswire

    China's BYD to Raise Funds for Expansion Plans  

    The Chinese automaker, which is backed by U.S. investor Warren Buffett's firm, reportedly plans to raise RMB12 billion to raise battery-production capacity and develop new models....More
  • Newswire

    Source Says Lamborghini to Make SUV in Italy  

    A source familiar with the negotiations between the Italian government and Lamborghini says the Volkswagen-owned supercar manufacturer seeks up to €90 million in tax breaks and incentives for the project....More
  • Newswire

    Daimler, Chinese Tech Power to Team on Connected Cars  

    The German automaker's Mercedes-Benz cars will offer software made by web-services company Baidu that allows consumers to access content from their smartphones via their dashboards....More
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