Is This Self-Driving Deal Bullish for Fiat Chrysler Automobiles?
Fiat Chrysler Automobiles (NYSE: FCAU) has finally joined the self-driving revolution.
The Italian-American automaker, which hasn't had a significant autonomous-driving research effort of its own, has agreed to join the self-driving research-and-development partnership established last year by BMW AG (NASDAQOTH: BAMXF), chip giant Intel (NASDAQ: INTC), and soon-to-be-Intel-subsidiary Mobileye (NYSE: MBLY).
The partnership intends to bring a scalable self-driving technology platform to market by 2021. Here's what we know about the deal, and what it could mean for FCA's long-suffering shareholders.
Source: Fool.com
Intel Corp. Stock
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