Automakers: Page 3
The deal is a lifeline for Mitsubishi Motors, which is mired in its third scandal in two decades and has had $3 billion wiped off its market value
A car running on electricity, which costs Rs.7 per unit, could bring your per kilometre cost down to 85 paise!
As a comparison, consider that General Motors Co.'s $48 billion market value is equivalent to about $4,800 for every vehicle it sold last year.
This is the first time that a Silicon Valley company has partnered with a traditional automaker to create a driverless vehicle.
Anonymous sources say the partnership could be announced soon.
Automakers are trying to appeal to younger consumers in major global cities who are less likely to buy a car.
You can order a full tank of gas from your smartphone with the app from Seattle-based Booster.
Sidecar closed shop at the end of December after a multi-year fight to stay in the race against rivals Uber and Lyft and their ever-growing war chests and market shares.
The shared leasing pilot aims to attract customers who don't need a vehicle on a full-time basis, but still want some kind of ownership
The San Francisco-based Uber competitor announces a new $1 billion funding round that values it at $5.5 billion.
Europe's biggest motor manufacturer is battling a wider diesel emissions scandal affecting up to 11 million cars.
But this still only represents 1 percent of the vehicles that will be on the road.
With superior hauling capacity, killer pricing and lease deals to boot, the cargo van may put the pickup out to pasture.