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Fiat will buy the rest of Chrysler for $4.35 billion
Thu, 02 Jan 2014Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.
Honda reveals Urban SUV concept
Tue, 11 Dec 2012Honda's compact Urban SUV concept has been teased in a sketch ahead of its unveiling at the 2013 North American International Auto Show (NAIAS) in Detroit. From the sketch we can see pronounced wheel arches with a feature line flowing into the profile where it meets the concept's most striking aspect – an upwards-rising feature line that stretches until it meets the D-pillar. Although other details are sparse, the Japanese carmaker does say that the Urban SUV concept's interior is designed to maximize space using its center-tank layout.
How Google's autonomous car navigates city streets
Tue, 29 Apr 2014Google's self-driving car has been on the road for five years now, at various levels of autonomy. From the ease and relative serenity of California's arrow-straight highways, the car drove hundreds of thousands of miles with a greater level of concentration and mastery than the wandering attention spans of humans could accomplish. In 2012, Google shifted from the freeways to the cities, navigating a far more convoluted set of challenges: the slow-speed chaos that comes with any city, any suburb, any place with people and cars in it.