The European automotive industry continued to thrive in November, despite the continuing questions over the Brexit referendum and the future of the EU knocking consumer confidence. European car registrations in November showed that the automotive industry is proving resilient. Total registrations in the 29 European markets analysed by JATO Dynamics totalled 1,184,140 – an overall [...]

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 [...]