,,, Fiat Chrysler Chief Executive Officer Sergio Marchionne thinks it makes no sense for carmakers to spend billions of dollars developing competing, yet largely identical systems. To share some of the risk—and the cost—the incumbent automotive giants and their would-be disruptors are teaming up in an ever-growing, ever more complex series of alliances.So Fiat Chrysler, for instance, has paired up with Google to develop 100 self-driving minivans, and is in discussions with about a similar venture. Google has, in turn, invested in , as have Toyota, Microsoft and Tata, owner of Jaguar Land Rover. Bill Ford, chairman of the eponymous carmaker, has meanwhile invested in , as has General Motors, and has partnered with China’s , itself the subject of a $1 billion investment from Apple.
HT: The Big Picture
