
Daimler today completed its purchase of a 12 percent stake in BAIC Motor. The German company paid 625 million euros ($845 million) for a share in the passenger-car unit of its Chinese joint-venture partner, Beijing Automotive Group Co.

Daimler today completed its purchase of a 12 percent stake in BAIC Motor. The German company paid 625 million euros ($845 million) for a share in the passenger-car unit of its Chinese joint-venture partner, Beijing Automotive Group Co.

The latest iteration of the iconic small car has been totally redesigned from the ground up but is still unmistakably a Mini.

Self-driving cars are getting a lot of buzz, and a new survey suggests nine of 10 drivers would consider buying one — if it meant paying a lot less for auto insurance.
By 2021, Ann Arbor. Michigan could become the first American city with a shared fleet of networked, driverless vehicles.
That’s the goal of the Mobility Transformation Center, a cross-campus University of Michigan initiative that also involves government and industry representatives.