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Daimler takes 10 percent stake in EV maker Tesla
Tue, 19 May 2009Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.
Ford celebrates 65 years of the F-series
Wed, 16 Jan 2013On the heels of this week's reveal of the Ford Atlas concept pickup, a preview of the next-generation F-150, Wednesday marks the 65th anniversary of the venerable Ford F-series. The first F-series truck was introduced to the public on Jan. 16, 1948.
News watch Sept 2012: today's auto industry news
Fri, 21 Sep 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 24 September 2012• Volkswagen has dropped its appeal in the brand infrigement case against former partner Suzuki. The spat dates back to 2004, when VW contested an approval allowing Suzuki to brand a variant of its Swift supermini as 'Swift GTi'.