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Section Page News - Automotive News

Section Page News - Automotive News
  1. FCA plant project rests on complicated Detroit land deal

    Detroit's Moroun family is sitting on what's arguably the hottest piece of industrial real estate in Detroit -- the linchpin to unlocking $2.5 billion of investment by FCA to modernize the adjacent Jefferson North Assembly Plant.

  2. Daimler to decide Smart future by year-end, report says

    Daimler will decide on the future of Smart by the end of this year as it loses patience with losses at its microcar brand, German business paper Handelsblatt reported.

     

  3. Texas two step: Drive.Ai focuses self-driving efforts in Arlington

    Self-driving startup Drive.Ai plans to concentrate testing efforts in Arlington, Texas, where a handful of cars already have been on the road.

  4. Tesla to raise prices on cars in inventory 3% next month

    CEO Elon Musk tweeted that the latest increase would bring inventory prices in line with order prices.

  5. Uber said to prepare $3B offer for Dubai rival

    Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes, which will be convertible into Uber shares at a price equal to $55 per share, according to a Bloomberg report.

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