The Kerkorian bid is slightly lower than at least one competing offer from Canadian auto parts supplier Magna International Inc., worth a reported $ 4.7 billion. (cnbc.com)
Meanwhile, Bosch, a German auto parts supplier and home appliance maker, has a permit authorizing two drivers to test a self - driving BMW 325d sedan and a Tesla Model S. Nissan, which hopes to develop a «commercially viable» self - driving car by 2020, has eight drivers experimenting with two Nissan Leaf electric cars. (fortune.com)
Lyft teams up with auto parts supplier Magna to develop self - driving car systems that can be integrated into just about any vehicle. (techradar.com)