News you should have read today

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Tesla grapples with impact of battery fire, by Reuters – how one burning car can burn your net worth, especially when it’s all hyped-up.

Fiat CEO hopes IPO process will give clear valuation of Chrysler, by Reuters – How Marchionne makes us believe the UAW disaster was all part of his grand plan.

Daimler mulls new North America plant, by Reuters –  probably in Mexico (probably with Nissan). Volkswagen’s UAW flirtations should provide extra encouragement.

Mercedes-Benz sales jump 16 pct to all-time high in Sept, by Reuters – that according to BILD, watch for  the official numbers this Friday.