Google parent company Alphabet's investment arm, CapitalG, led a $1 billion investment in Lyft that values the ride-sharing startup at $11 billion, the ride-sharing startup said.
For the fifth year in a row, Toyota and Lexus rank as the top two brands for reliability based on a survey of Consumer Reports subscribers. The rankings of the remaining 25 brands reflect a game of musical chairs, however.
General Motors agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general said.
Millbrook, an independent vehicle test and validation services provider, in collaboration with the United Kingdom Atomic Energy Authority's centre for Remote Applications for Challenging Environments (RACE) has announced plans to launch a unique, controlled test bed representative of an urban environment for the development of connected and autonomous vehicle (CAV) technologies.
SF Motors, a California-based electric vehicle unit of China's Chongqing Sokon Industry Group, acquired an EV and battery tech firm headed by former Tesla executive Martin Eberhard for $33 million.
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19 Oct, 2017
Owners of driverless cars will need to update software and know when to engage autonomous modes to avoid invalidating their insurance
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19 Oct, 2017
An investigation by Japanese authorities revealed that unauthorised workers conducted final vehicle checks affecting 34,000 cars
Hedge fund manager David Einhorn said he bungled his campaign to get GM to split its stock and conceded he was outmaneuvered by the auto giant.
Media reports in South Korea suggest the innovation is designed largely for panoramic sunroofs in SUVs. It is also claimed as a world first for the system that addresses the risk of passengers getting ejected through the roof during accidents.
South Korea's government has said it will require all vehicles to have an autonomous emergency braking (AEB) system and lane departure warning system to improve safety on the road.
Ford president and CEO Jim Hackett has opened the company's Smart Mobility Innovation Office in London which will target the near term development of smart mobility technologies while focusing on the specific requirements of European cities.
Tesla is reportedly planning to modify its models sold in China and its charging network there in order to boost sales.
Mitsubishi Motors Corporation (MMC) announced the implementation of a vehicle to grid (V2G) pilot in the Netherlands with the first charge point already being used with Outlander PHEV vehicle storage batteries.
Nissan will suspend all Japanese car production for about two weeks as the fallout from the company's lapse in vehicle quality inspection worsens.
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19 Oct, 2017
Toyota test mule bares a RAV4 shape but with a Prius front end, hinting of a possible evolution of the Prius+ MPV
Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street's love.
Sweden's Northvolt has selected a site in the far north of its home country to build Europe's biggest battery factory to rival to Tesla's U.S. Gigafactory, as the company continues to seek the billions of euros needed to finance the scheme.
Taxi-app provider Gett is struggling to raise new funds as VW Group, its most significant investor, leans toward backing its own ride-hailing division in the battle against Uber.