It’s always fascinating to see how dictators spend big money on their hobbies while letting their people live in poverty. The takeover of Moammar Gadhafi compound this week unveiled a private side of the Libyan leader, and among the finds was an electric car by Fiat. Read more »
Chrysler and NASA plan to share data and research related to battery systems, energy storage, materials engineering, radar, robotics and other technologies over the next three years as part of a new alliance announced this morning. Read more »
Back in 2007, the Mac web rumor mill was abuzz for a while about a reported September meeting in California between Steve Jobs and Volkswagen CEO Winterkorn over possibly integrating the iPod, iPhone, and other Apple products into an automobile — with blogosphere speculation about possibly […] Read more »
General Motors’ European subsidiary, Opel, is up for grabs. It says it needs $4.3 billion to survive the downturn, and private equity investors, along with Italian automaker Fiat SpA and parts maker Magna International — the Canadian company whose supply contract with electric sportscar startup Tesla […] Read more »
The hours-old tie-up between Italy’s Fiat Auto and Chrysler, which finally toppled over the brink and filed for Chapter 11 today, is no Renault-Nissan. As we noted earlier this year when Chrysler chief Bob Nardelli (who’s now stepping down) announced Fiat’s 35 percent equity interest in […] Read more »
We recently ran a poll of jkOnTheRun readers that asked “how much of your quick web work is done on your phone?” The poll (now closed) only ran for a few days but had more than 700 responses. It’s clear from the results that you do […] Read more »
Chrysler-Fiat Deal Contingent on More Loans: Anonymous sources say Fiat’s agreement to take a 35-percent stake in Chrysler will not be binding unless Washington loans Chrysler an additional $3 billion. — Wall Street Journal Toyota the New Top Dog: For the first time since the Great […] Read more »
A new partnership between Italy’s Fiat Auto and Chrysler is no Renault-Nissan. It involves zero infrastructure deals or grand electric vehicle schemes. As Chrysler chief Bob Nardelli said today when he announced Fiat’s 35-percent equity interest in the smallest of the Big Three, the automakers’ markets line […] Read more »