The consortium of German automakers hoping to buy Nokia's Here mapping division may have won with a bid for the equivalent of about $2.7 billion. The official details of the purchase haven't been made public, and some insiders claim the negotiations aren't done yet.
Daimler boss Dietzer Zetsche doesn't think Google is serious about actually building cars and is just investigating how people use vehicles. He said he sees opportunities to work with the search giant in the future but thinks there is a possibly antagonistic relationship when it comes to data privacy.
Reuters reports that BMW has agreed to pay its Chinese dealers 5.1 billion yuan ($820 million) to help them overcome huge inventories and poor profits last year. Audi and Daimler have are also subsidizing Chinese dealers with hundreds of millions of dollars as the local auto market slows down.
The Mercedes-Benz S-500 Plug-In Hybrid has earned an Environmental Certificate from the TÜV Süd technical inspection authority. The award is based on a lifecycle assessment of the vehicle. This includes the ability to reduce CO2 emissions by 43 percent through charging, and by 56 percent if charged using hydroelectricity. Read more in the press release below.
Saleen has renamed its Tesla Model S the Saleen ST and has added a version the P85D to its modified lineup. Formerly called the Saleen FourSixteen, referencing the car's 416 horsepower, the ST stands for "Saleen Tesla." While the ST receives no increase in output, modifications include aerodynamic, suspension and brake tuning, as well as some aggressive looks to go along with it. Customers can also opt for Saleen drive ratios, making the 691-horsepower, dual-motor version accelerate from 0-60 in
7Recharge Wrap-up: Daimler To Stop Battery Production At Li-Tec, House approves Keystone XL pipeline
Andromeda Interfaces has launched its Electric Vehicle Interface Controller (EVIC), which displays and allows the user to visualize various vehicle systems. Users can monitor their EVs battery usage, motor controllers and vehicle charging. The EVIC gathers various data - voltage, cell temperatures, amperage, etc. - from the car and displays it in a user-friendly way using easy-to-understand graphics. The EVIC is currently available through Andromeda Interfaces' website. Read more in the press re
The Toyota FCV will compete in the last stage of the 2014 Japanese Rally Championship. The sport-tuned hydrogen-powered car will tackle the 177-mile Shinshiro Rally on November 1 and 2, emitting no greenhouse gases in the process. The rally course will help prove the safety of the vehicle before it goes on sale in Japan in the next several months. The Toyota FCV, rumored to be called "Mirai" in Japan, will begin sales there before April, according to Toyota, and in the summer in the US and Europ
Back in 2009, Daimler acquired over 9 percent of Tesla. A couple of months later, it sold 40 percent of that stake to Abu Dhabi-based Aabar Investments. The following year, Tesla listed on the stock exchange and Daimler's interest was reduced to 4 percent. But now the German industrial giant has announced it is selling that 4 percent and divesting from Tesla altogether in a liquidation that is expected to raise approximately $780 million for Daimler. The divestment has also triggered speculation