Toyota Motor Corp (ADR) (NYSE:TM), one of the largest automakers of the world, is ready to recall as many as 57,000 vehicles for potential safety concerns with the air bags. The air bags manufactured by Takata Corp have faulty air bag inflators and up to 2.6 million vehicles with Takata air bags have been recalled…
Tesla Motors Inc (TSLA) To Collaborate With Bayerische Motoren Werke AG (BMW) Over Parts and Standardized Battery Technology
Tesla Motors Inc (NASDAQ:TSLA) has announced it is in discussions with German automaker Bayerische Motoren Werke AG (ETR:BMW) for possible collaboration regarding car parts and batteries. An earlier report by Reuters, citing an interview of Tesla CEO Elon Musk with Der Spiegel, a German weekly, related that alliance is being sought in areas of lightweight…