Automotive News World Congress

Mergers and acquisitions are the norm for startups and established players in Silicon Valley. They've also become quite common in the retail and healthcare spaces. The auto industry is a whole other story. Carmakers rarely announce that they are buying a startup. Ford Motor Company (NYSE...

The tech sector was ruled by the auto industry this week, thanks to the North American International Auto Show and the Automotive News World Congress. During the latter event, Tesla Motors Inc (NASDAQ: TSLA) co-founder Elon Musk spoke about his risky decision to start Tesla and SpaceX. Google...

In September 2013, Ford Motor Company (NYSE: F) acquired Livio, a Ferndale, Michigan-based software development startup, to enhance in-car connectivity. After the acquisition was announced, Ford Global Technologies President and CEO Bill Coughlin told Benzinga that the company was open to...

Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) is eager to bring more driverless cars to the road -- but don't expect to see one if you live in an area where it snows. Chris Urmson, director of Google's self-driving car initiative, told Automotive News World Congress attendees that the...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is at the forefront of driverless car development, but the project didn't begin until after a futuristic movie hinted at what the future might hold. "Minority Report," directed by Steven Spielberg, told the story of a unique police unit...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Chris Urmson spoke on Wednesday at the Automotive News World Congress in Detroit. Here are the highlights of his discussion on self-driving cars. By 2013, Google developed a system that was considered to be robust enough to have 140 Google...

Tesla Motors Inc (NASDAQ: TSLA) may not be here right now if it weren't for Daimler AG (OTCMKTS:DDAIF). Tesla co-founder Elon Musk poured all of his money into the company to keep it going in 2008. Six months later, Daimler entered the fray -- and ultimately saved the day. "That...

Tesla Motors Inc (NASDAQ: TSLA) was at the Automotive News World Congress in Detroit Tuesday night, and Benzinga was in attendance. Here are four things he said that -- literally -- blew our minds. 1. "I want to enable large numbers of people to go to Mars." Musk focused on Mars...

Not many entrepreneurs are eager to get into the automobile space, but Tesla Motors Inc (NASDAQ: TSLA) co-founder Elon Musk risked everything to ensure the company's survival. "I put all the money that I had ever made into Tesla," Musk told attendees in Detroit at the 2015...

TrueCar Inc (NASDAQ:TRUE) plans to boost its business by bringing automakers into the picture, founder and CEO Scott Painter said Tuesday. The Santa Monica, California-based company offers price information to car buyers who are then referred to a network of dealers certified by TrueCar...

Benzinga was in attendance at the Automotive News World Congress in Detroit on Tuesday as Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk spoke to the media. Musk made it clear that his reason for attending was "to encourage other automakers to accelerate their electric vehicle programs...