Business Report: Fiat venturing into self-driving cars development

Another automaker is set to take the leap into self-driving cars.

Fiat has announced plans to start development on self-driving cars. Fiat is the latest manufacturer to venture into the development of this still new technology. Fiat Chrysler is joining BMW, Intel and its subsidiary Mobileye in a partnership to develop autonomous-drive vehicles. As part of the partnership, the automakers will co-locate engineers in Germany and at other locations around the world. Fiat Chrysler gives the BMW and Intel team a boost in the race among automakers to develop the technology that allows vehicles to drive with little or no driver interaction.