Ford Motor creates $4B unit to house autonomous car operations

Source: Dukascopy Bank SA
On Tuesday, Ford Motor announced it was establishing a separate $4B worth unit to house the self-driving car operations, in a similar to its rival General Motors's move made late in May.
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Wed, 25 Jul 2018 11:36:30 GMT

Tages to acquire stake in private equity firm VAM

Tages Group, the alternative asset manager, announced on Wednesday it would acquire a 34% stake in the private equity firm VAM Investments with a possibility to buy the entire group within three years.

Wed, 25 Jul 2018 09:51:28 GMT

China's Baidu and Daimler to deepen automated driving partnership

Germany's Daimler stated it is eager to deepen its alliance with the Chinese firm Baidu on the vehicle connectivity services and automated driving platform Apollo, established last year.

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