Luxury-Car Rivals Team Up to Develop Self-Driving Cars
Harald Krueger, chief executive officer of BMW, left, and Dieter Zetsche, chief executive officer of Daimler AG, shake hands as they pose for photographs following a news conference in Berlin, Germany. (Photographer: Krisztian Bocsi/Bloomberg)

Luxury-Car Rivals Team Up to Develop Self-Driving Cars

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(Bloomberg) -- Daimler AG and BMW AG have agreed to cooperate on developing self-driving cars, the latest move by the luxury-car rivals to share cost as a technology shift shakes up the industry.
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