The contact was brief and the discussions did not advance to senior management level, the report added, citing people briefed on the matter

\"The car industry is not a typical tech-sector that you could take over at a single stroke,\" Diess was quoted as saying an interview with Frankfurter Allgemeine Sonntagszeitung

Hyundai is traditionally known for its reluctance to work with outsiders, making engines, transmissions and even its own steel in-house in a vertically integrated supply chain as South Korea's second-largest conglomerate

Shares in Hyundai and its affiliate Kia Corp slumped 6.6% and 14% respectively as of 0204 GMT while the broader market KOSPI benchmark dropped 1%

Kia's comment came after a online publication said Kia's parent, Hyundai Motor, had decided Kia would be in charge of proposed cooperation with Apple on electric cars

Citing industry sources, a recent report by Korea IT News said the pair plan to build the cars at Kia Motors' factory in Georgia, or jointly invest in a new factory in the United States

In December, Reuters reported that the Apple is moving forward with self-driving car technology and is aiming to as early as 2024 produce a passenger vehicle that could include its own breakthrough battery technology

Apple is working on a self-driving car and could launch the car in the market in 2024.

The iPhone maker's automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch

Started as the perfect flagship killer at half the price of the competition, OnePlus One was 'the' perfect smartphone. While living up to what it offered seems challenging, the OnePlus 8T has just the right bunch of features at the right price

Air pollution could badly affect your health as Diwali crackers and winter smog make a deadly combination. Here is how to stay safe when you are indoors or travelling in a car

Two variants with automatic transmission were also launched with the petrol engine priced at Rs 9.18-9.95 lakh.

After releasing a flagship device recently, the chief executive of OnePlus, Pete Lau, talks to Prosenjit Datta, Editor of Business Today, about how the company and the smartphone industry have grown and will continue in future.

Apple has even compiled and shared the data on how long some of the household names and consumer goods took to reach one billion milestone, which reports cars took 131 years, while personal computer took 27 years.

Apple Inc is investigating how to charge electric cars, talking to charging station companies and hiring engineers with expertise in the area, according to people familiar with the matter and a review of LinkedIn profiles.

Analysts say this week's news might not seem as dramatic. But the event could reveal more about the company's strategy and its aspirations to be an indispensable part of daily life.

Take a look at the most-awaited gadgets and trends in technology, from virtual reality and connected cars to the Apple Watch.

The CES 2015 showcased revolutionary consumer technologies ranging from connected cars to virtual reality.

Analysts said Google's plan could face various technical and business challenges, including convincing automakers to integrate its services so tightly into their vehicles.

We bring you some of the best gifts you can purchase this festive season for yourself and your loved ones.