The BBC reports that Apple has invested $1bn (£693m) in Didi Chuxing, the car-hailing app that has a greater marketshare than US rival Uber in China. Didi Chuxing provide more than 11 million rides a day and claimed to have 87% of the Chinese marketshare. The company is also backed by Chinese internet giants Tencent [...]

Norway has become the fourth country to register more than 100,000 electric vehicles – and the trend is only increasing. With a population of just over five million people, that figure represents a success story for the country’s approach to electric vehicles. At the end of 2010 there were just 3,366 electric vehicles registers in [...]

Paint makers Sherwin-Williams and Valspar remain confident their multi-billion pound merger will go ahead in the first quarter of next year despite a request for additional information from US regulators. Both companies say they expected the request from the US Federal Trade Commission (FTC), which was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements [...]

Nissan has agreed to a 34% controlling share in scandal-hit Mitsubishi Motors in a bid to rebuild trust in the car maker. Nissan has vowed to rebuild trust in Mitsubishi Motors following it admitting it had faked data to overstate the fuel efficiency of more than 600,000 cars. Nissan will pay 237bn yen ($2.2bn) for [...]

Sales of SUVs have quadrupled in Europe since 2005 and are expected to keep rising thanks to growing popularity with an unusually diverse group of buyers, according to a new survey. Sports utility vehicles (SUVs) have been embraced by ‘Modern Mums’, mothers with young kids, Millennials, 17- to 34-years-olds, and ‘Quintastics’, for active and youthful [...]