Volkswagen will have to find another $1bn in its ever-rising bill for the emissions scandal. The Wall Street Journal has reported that VW is on the verge of agreeing compensation terms for drivers of its 3.0-litre diesel engines, including certain Porsche and Audi brands. It’s understood this includes taking back and fixing some 60,000 vehicles, [...]

Uber losses for the third quarter of 2016 are in excess of $800m, according to reports, with some saying those figures take the company’s total losses for the year past the $2.2bn mark. Despite those losses, Uber’s revenues have continued to grow even after pulling out of the Chinese market. It generated about $3.76bn in [...]

Mitsubishi, Nissan and Renault will join forces in an effort to bring the prices of electric cars down to gas car levels. The Nikkei newspaper has reported that three car manufacturers will combine their electric vehicle platforms. Renault and Nissan have long been advocates of zero-emission technology but have struggled to keep costs down with [...]

Fix Auto World is moving into the German collision repair market and has named Roy de Lange as head of business to lead operations. The announcement comes after recent Fix Auto launches in Australia, South Africa and China. David Lingham, head of business for Fix Auto World, said, ‘In 2016, Fix Auto underwent significant international [...]