Toyota is set to back Cartivator group engineers in a bid to develop a flying car. The vehicle manufacturer has agreed in principle to support the project to the sum of 40 million yen (£274, 000) reports the Nikkei Asian Review. To date crowdfunding has paid for development of the ‘Skydrive’ car, which uses drone [...]

The BBC reports that the South Korean government has ordered Hyundai and Kia Motors to recall some 240,000 vehicles, after a tip off from a whistleblower. The whistleblower, an ex-Hyundai employee, raised concerns about defects which affected 12 different car models including Hyundai’s i30, Sonata, Genesis and Kia’s Mohave as well as its Carnival. The [...]

Volkswagen is refusing to share the results of its investigation into dieselgate, despite demands from shareholders. It claims there is no final report to share, and won’t be one. ‘There is no written concluding report by Jones Day and there will not be one,’ said Chairman Hans Dieter Poetsch to 3,000 investors at the company’s [...]

Uber has been labelled as a transport business that requires a licence to operate by senior members of European Union’s top court. If enforced, it could mean Uber has to operate under the same conditions and safety rules as established taxi firms. Uber has always maintained it only provides technology to help drivers find passengers [...]

Nissan has seen annual profits jump 27%, boosted by better sales in China, the US and Europe. Japan’s second biggest carmaker had net profits of £4.5bn in the year to the end of March. But Nissan forecasts profits would drop by about 20% this financial year, partly due to currency fluctuations. Earlier this week rival [...]