The automotive industry is a capital-intensive industry. Fiat Chrysler CEO Sergio Marchionne knows it and that’s why he is open to work with Google or Apple:
“Google can buy every automaker out of petty cash. And Apple — they made a net profit of $24 billion in one quarter. This is nonsense. What are we defending? What?”
In a not yet released 2-hour interview with Automobile Mag‘s Georg Kache, Marchionne discusses the recent rumors of a FCA partnership with Google for self-driving cars and how the automaker wants to position itself in an industry disrupted by the likes of Apple, Google, Tesla and Uber. expand full story
Apple has previously partnered with designer brand Hermes for a set of premium Apple Watch bands, sold separately from $340 per strap. It now appears that a second high-profile fashion designer, Coach, is coming on board with its own range of Apple Watch bands.
David Boglin De Bautista reports a sales associate in a Coach boutique told him about the upcoming collection, set to debut as early as June. The sales representative sent photos of the as-yet-unreleased bands (shown above), priced at $150 each.