BlaBlaCar, a French online ride-sharing company which pairs people travelling between cities with drivers with empty seats in their car has been valued at £1.2bn. Founded in 2006 by Nicolas Brusson and Frederic Mazzella a latest round of funding has valued the business at more than £1.2bn. Initially the business struggled to persuade customers or [...]

Nissan will test its autonomous technology on public roads for the first time next month when real-world demonstrations take place in London. Passengers, including government officials and technical and safety experts, will be given the opportunity to experience and test the technology in a live environment in a modified Nissan LEAF. These will be the [...]

Service King Collision Repair Centers, one of the fastest-growing collision repair services in the US, has opened its 38th repair centre in the Chicago area. Service King has benefitted from explosive growth across the Chicagoland area, with the opening of more than 30 high-quality repair centres since 2015. Today, Service King operates 38 locations in [...]

Volkswagen’s compensation bill in the US has risen to $22bn after it agreed to pay $4.3bn in US civil and criminal fines and pay California $153.8m. Meanwhile, six current and former senior VW executives have also been charge for their roles in the scheme, according to Reuters. A seventh pleaded guilty last September and is [...]

Digital motor insurance policies could be worth €20bn in just three years, according to Deloitte. Its research found that half of drivers would be happy to share their driving data in return for more personalised policies offering greater discounts based on their driving habits. Deloitte UK head of insurance, David Rush, said, ‘This year’s survey [...]