Industry

 
Lyft

Fresh funding pushes Lyft's value to $15.1B

After the company's latest round of investor funding, Lyft is now worth an estimated $15.1 billion. Fresh cash in the amount of $600 million pushed the ride-sharing company to its latest heights. Tech Crunch reported on Thursday that Fidelity Management & Research Company led the investments... read more

June 29, 2018 by
 
2019 Jaguar I-Pace S

Jaguar Land Rover increase electrification investment to $18B

Jaguar Land Rover plans to increase its investment into electrification for future electric cars by 25 percent, the automaker said in an investor presentation Monday. The... read more June 27, 2018 by


 
Volkswagen MOIA electric ride-pooling van

VW's MOIA mobility group wants to take on Uber and Lyft

The Volkswagen Group has lagged behind in the mobility segment, but the automaker jumped in with both feet in 2016 with the launch of the MOIA mobility unit, which last... read more June 27, 2018 by


 
Wolfgang Hatz

Former Audi and Porsche exec Wolfgang Hatz released from jail

Veteran Volkswagen Group engineer Wolfgang Hatz has been released after nine months in jail after providing $3.5 million in bail money, German prosecutors have confirmed. He... read more June 27, 2018 by


 
Volkswagen Group Sedric concept, 2017 Frankfurt Motor Show

VW, suppliers form alliance to help standardize self-driving car tech

As numerous automakers and technology companies continue to race toward the commercialization of self-driving cars, some fear a lack of standardization will harm innovation... read more June 26, 2018 by


 
Mike Flewitt, CEO of McLaren Automotive

McLaren CEO calls for "weight race" instead of power race

If you're a fan of horsepower, then you are living in a golden age. For example, there's a Dodge sedan out there with over 700 horsepower. If you're playing in the hypercar... read more June 26, 2018 by


 
Ford and Volkswagen logos

Ford and VW Group explore potential of joint vehicle development

Ford and the Volkswagen Group announced last week plans to discuss various partnerships, including the joint development of vehicles. The two auto giants specifically... read more June 26, 2018 by


 
2017 Volkswagen e-Golf

VW targets solid-state battery production by 2025

Solid-state batteries have the potential to realize a major step up in performance and safety of electric cars, which is why every major automaker worth its salt is... read more June 25, 2018 by


 
Pop.Up Next concept

Germany plans to test Audi-Airbus flying taxi

At this year's Geneva auto show, Audi joined Airbus and Italdesign to show off the Pop.Up Next concept. But, the flying taxi may not be a concept for long. The German... read more June 23, 2018 by


 
2019 Volvo XC40

Volvo's Netflix-like subscription plan is finally delivering cars

Volvo announced its car-subscription plan, Care by Volvo, last year, but the service has been held up, frustrating some customers. Now it appears that hold-up has been... read more June 21, 2018 by


 
2019 Cadillac CT6, 2018 New York auto show

GM pumps $175M into manufacturing next-generation Cadillac sedans

Cadillac will roll out a new vehicle every six months through 2021, and parent automaker General Motors has just ponied up the funds to build two of them. The automaker's... read more June 21, 2018 by


 
2018 Genesis G90

Genesis, Kia, Hyundai top 2018 J.D. Power quality study

For the first time ever, the three major Korean auto brands in the United States topped the J.D. Power Initial Quality Study. For 2018, Genesis took the number one spot... read more June 21, 2018 by


 
Tesla Autopilot

Feds order cease and desist for safety-inhibiting Tesla Autopilot Buddy

The controversial Autopilot Buddy product, made for Tesla vehicles that feature the semi self-driving technology, has been ordered to be pulled off the market. The National... read more June 21, 2018 by


 
Hyundai Nexo

Hyundai and Audi partner on hydrogen fuel cell tech

Two unlikely partners will join forces for the greater good of zero-emission driving. In a Tuesday announcement, Hyundai and Audi said both will partner for future fuel-cell... read more June 20, 2018 by


 
Rimac C_Two

Porsche buys 10-percent stake in electric supercar maker Rimac

Porsche has big plans to be a leader in the electric-car segment, and it has just inked a new partnership with a familiar company to bolster its position. The German sports... read more June 20, 2018 by


 
Fast and the Furious

"Fast & Furious" still driving some car prices nearly 20 years later

Seventeen years ago, the movie "The Fast & the Furious" injected some fresh interest in the car culture and, nearly two decades later, is still driving the prices of... read more June 18, 2018 by


 
 

 
© 2018 MH Sub I, LLC dba MotorAuthority All Rights Reserved. Stock photography by izmostock. Read our Cookie Policy.