Uber founder Travis Kalanick has resigned from US President Donald Trump’s Strategic & Policy Forum. He and Tesla’s Elon Musk were among 16 people chosen for the group, his participation created a backlash on Social media, where campaigns targeting Uber urged users to delete their accounts and choose rivals such as Lyft. In an email [...]

Daimler and Uber have agreed to work together to introduce more self-driving vehicles onto the platform. Daimler is the first auto company to join with Uber as it opens up its platform for manufacturers to introduce their own self-driving cars. With its new corporate strategy entitled CASE – Connected, Autonomous, Shared & Services and Electric [...]

Volkswagen will give its departing head of compliance an £8.6m pay-off after only 13 months in the job. It’s been reported that Christine Hohmann-Dennhardt, who joined VW on a three-year deal to help it improve culture and processes following the emissions scandal, will receive the sum when she leaves this month. Part of the package [...]

Kartesia, a provider of financing solutions for small and mid-sized European companies, has provided €10m financing to GT Motive, a software provider for the European automotive insurance market. The company was born out of an alliance between the European company GT Motive and America’s Mitchell International. The new company formed from this alliance is seeking [...]

Toyota Motor Corp has conceded top spot as the world’s highest-selling automaker as it global sales for 2016 fell short of Volkswagen AG’s. Having held the title for the past four years, and despite an increase in sales on 2015, Toyota said global sales across its Toyota, Lexus, Daihatsu minicar and Hino Motors Ltd truck [...]