WEALTH

AUTOS

Ford Offers to License Its Hybrid and Electric Vehicle Patents to Other Automakers

– Calling all Chinese brands, Fiat-Chrysler, and other automakers without a developed electric-vehicle strategy: Ford’s got you covered. Starting now, Dearborn will license more than 1650 of its patented and patent-pending EV technologies to other manufacturers. – The goal, according to Ford, is to “accelerate the growth of electrified vehicle technology and deliver even better products to customers.” But unlike Toyota, which in January offered up 5680 fuel-cell patents under

Chrysler Reduces 2016 Powertrain Warranties by 40,000 Miles

Fiat Chrysler just announced that, beginning with the 2016 model year, its 5-year/100,000-mile powertrain warranty will become a 5-year/60,000-mile powertrain warranty in the U.S. market, Automotive News reports. The decision affects Chrysler, Jeep, Dodge and Ram vehicles with gasoline engines, while the automaker’s 3-year/36,000-mile bumper-to-bumper warranty coverage stays unchanged. – The decision follows a trend: Back in March, GM announced an identical powertrain warranty reduction on Chevrolet and GMC vehicles.

Apple Exec Says Cars Are “The Ultimate Mobile Device”

Tech news outlet Re/code is hosting The Code Conference this week, a gathering of important tech people talking about important tech things. GM CEO Mary Barra was there, touting Chevy’s biggest-in-the-industry-so-far commitment to both Android Auto and Apple CarPlay. Apple senior VP Jeff Williams was there, too—and while he didn’t outright say that the tech giant is heading into the auto industry, he dropped about as big a hint as a

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LUXURY