From Samsung's new high-bandwidth memory chip and Aston Martin's delayed electric car launch, to Google fixing its Gemini AI tool, here's a look at recent business developments from around the world.
Under the terms of the draft MoU, PSA and Fiat Chrysler would each have five seats on the board of the merged entity.
While it retains its original shape and structure, it has undergone many updates and changes
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
"Tesla has made great strides in raising the profile of OTA, making it appear somewhat sexy by showing how features could be added," said Strategy Analytics consultant Roger Lanctot. "They're almost poking the traditional carmakers in the eye by making it look so easy."
US automaker General Motors has lined up an investment of Rs 6,400 crore and plans to roll out 10 new models from its plant in Maharashtra, state's Chief Minister Devendra Fadnavis said on Thursday.
Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the US just days after two hackers detailed how they were able to take control of a Jeep Cherokee SUV over the Internet.
Mayur Uniquoters expects its exports to double over the next 3-4 years, Suresh Kumar Poddar, CMD and CEO of the company said in an interview to CNBC-TV18.
Delaware Court of Chancery Judge Donald Parsons stopped short of ordering VEBA, the United Auto Workers trust, to sell 54,154 Chrysler shares to Fiat for USD 139.7 million, as the Italian carmaker had sought in its lawsuit filed last year.
Five separate recalls include nearly 500,000 cars and SUVs for the active-restaint head rest issue, and another 282,000 minivans for possible malfunctioning air bags, Chrysler said.
Chrysler Group is recalling about 469,000 SUVs worldwide to update software after some vehicles' circuit boards were found to be transmitting signals that trigger inadvertent gear shifts to neutral, the No. 3 US automaker said.
Fiat Chief Executive Sergio Marchionne said the Italian automaker is open to an initial public offering of a stake in its US unit Chrysler, adding "the faster we do it, the better it is."
Italian carmaker Fiat, which is struggling with sluggish demand for its Punto and Linea cars in India, plans to shake up the operations here, with 9 new launches planned over next four years.
Chrysler, the US carmaker controlled by Italy's Fiat, was the first of the big three Detroit automakers to unveil strong November sales figures, boosted by economic optimism and replacements following superstorm Sandy.
Ford Motor Co is recalling 140,310 Focus cars from model year 2012 in the United States to repair a potential problem with the passenger-side windshield wiper motor, according to U.S. safety regulators.
It is now a known fact that the IPL is the child of controversy. Every year, since its started it has been the centre of ugly business and political wrangling.
It's a new year but we haven't forgotten our old muse- the Companies Bill, 2011 and we doggedly continue our analysis of teh new provisions in that Bill.
Several major auto makers on Friday embraced the Obama administration's proposal to push the industry further away from once-dominant gas guzzlers to more lean and efficient vehicles.
Italy's Fiat SpA bought the US and Canadian governments' stakes in Chrysler Group LLC, becoming the majority shareholder in the US automaker with the ability to appoint more board members.
A public share offering for Chrysler is the easiest option as of today, the chief executive of Fiat and Chrysler said, as the two companies draw operationally closer.
U.S. to sell remaining Chrysler stake to Fiat
Fiat SpA plans to exercise an option to buy the US Treasury's stake in Chrysler, which paves the way for the Italian automaker to clinch a majority share in the company by early next month.
The longer Italian carmaker Fiat SpA waits to add to its stake in Chrysler Group LLC, the more expensive the purchase will be, the chief executive of both companies said on Wednesday.
Chrysler Group LLC on Tuesday paid back USD 7.6 billion in US and Canadian government loans from its 2009 bailout, a move that allows the US automaker to distance itself from an unpopular bailout and deepen its ties with Italian automaker Fiat SpA.
Italian automaker Fiat SpA has agreed to pay USD 1.27 billion euros for another 16% stake in US peer Chrysler this quarter, the Italian automaker said on Thursday, in a deal that was faster and cheaper than expected.