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 [...]

The Volkswagen Group has joined the eRoaming platform Hubject GmbH as a shareholder. Hubject, founded in 2012 by BMW, Bosch, Daimler, EnBW, innogy and Siemens, provides EV drivers with easy access to charging stations as well as payment solutions. Almost 40,000 charge points on three continents are already available on this platform. With the strategic [...]

Reports indicate that China is set to penalise an unnamed US vehicle manufacturer for monopolistic behaviour. The report, from the official China Daily newspaper, revealed that investigators have found a US company had instructed distributors to fix prices starting in 2014. The anticipated penalty follows a government crackdown on what China has labelled as ‘monopolistic [...]