Uber plans to deliver flying cars to commuters within a decade through a network of on-demand electric aircraft. It’s published a white paper outlining the objectives of a new project called Uber Elevate, which reveals plans for the development of  Vertical Take-Off and Landing (VTOL) aircraft  which it says could turn a two-hour drive into a [...]

Despite the fall-out from the emission scandal the Volkswagen Group has reported an operating profit before special items of €11.3bn in the first nine months of the year, representing an increase of 10.5%. The sales revenue of €159.9bn was on a level with 2015 figures, while profit after tax was €5.9bn. Chairman Matthias Müller said, [...]

New car registrations in the 29 European markets analysed by JATO Dynamics hit a 10-year high in September, with 1,495,815 units registered. That is an increase of 7.1% compared to the same month last year. For the year to date, registrations have reached 11.6 million units, an increase of 7.7% when compared to 2015. This [...]

Volkswagen will give US owners of cars affected by the emissions scandal more than $10bn after the largest ever civil settlement with an automaker accused of misconduct was approved. The German car manufacturer will spend a further $4.7bn on programmes to offset excess emissions and boost clean-vehicle projects. The $10.033bn buyback will begin next month, [...]

A new car brand has been launched with a digital backbone to challenge the traditional business model around car ownership. LYNK & CO, from Sweden-based Geely Auto Group, is a global brand that introduces a new business model, an open Application Programme Interface (API), personalized services, sharing possibilities and the first dedicated app store for [...]