Apple Stock News: Car Speculation Builds Up Again
Speculation over a potential Apple Car built up again last week after another hire in the automotive industry and rumors of cooperation with BMW. On Monday, Apple hired former Chrysler executive Doug Betts, according to the Wall Street Journal. His hire was only the latest in a string of automotive hires over the last few months. Now, a German magazine has reported that Apple is hoping to base its own vehicle on BMW’s i3.