Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered. The all-stock deal is a modest outcome for Postmates, once a pioneer of the gig economy that was outmaneuvered by
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Getting everyone to drive an EV is not just a matter of will. Above all, it is a matter of (financial) possibilities and convenience. It is not enough to convince someone they will save a lot of money with an electric car if they cannot afford to buy one. That is the role the Nissan
Chris Harris, like all of us, absolutely loves performance cars and in this 47-minute video, we can relive some of his finest moments behind the wheel of some cars most can only dream about. Kicking off the video is a review of the current Ford GT, painted in a bright shade of yellow and complete
FRANKFURT — Volkswagen said it has fulfilled its obligations under a civil settlement over its diesel emissions scandal reached three years ago with the U.S. Department of Justice. Larry Thompson, the former U.S. deputy attorney general appointed by the department to monitor VW, has concluded in his third and final report that the automaker has
Toyota will reproduce and sell parts for the 2000GT sports car through its Gazoo Racing (GR) division. Parts will be sold both in Toyota’s home country of Japan and overseas, the automaker said in a press release Monday. Launched in 1967, the 2000GT is one of Toyota’s earliest performance cars, and one of its rarest.
The 2020 Jaguar XE has put on new blinders. The pursuits for diesel economy and supercharged V-6 performance always were at the fringes of its talents. For 2020, they’re out of sight, out of mind. With the 2020 XE, Jaguar focuses on turbo-4 engines, smartly tuned ride and handling, an excellent warranty and maintenance plan,
After becoming the world’s most valuable carmaker, Tesla and its CEO Elon Musk decided to make fun of the company’s short-sellers by offering red satin shorts on their merchandise store. The announcement came from Elon Musk himself on Twitter, who has repeatedly expressed his dismay against investors betting against Tesla stock prices. Tesla’s stock has
The pickups that dealers have been clamoring for are at last arriving on their lots — at least in small numbers. But the dealers’ sigh of relief is followed by a jolt of fear: How will such small shipments get them through the rest of the summer? Bert Ogden Auto Group typically carries about three
Manheim said Monday it is adding 12 more auction sites where it’s allowing dealers to bid in-lane, bringing its total to 17 such locations. The latest pilot locations include Manheim Denver, Manheim Nevada and Manheim Utah. While bidders are allowed in lanes, vehicles are still not running through them, instead being shown on large screens
By Eric Ralph Posted on July 6, 2020 SpaceX’s fifth full-scale Starship prototype is fast approaching its first Raptor static fire tests after the company recently delivered one of the newest engines to the launch site. Known as Starship SN5, the ship is the fifth SpaceX has built since full-scale prototype development began in early
Sure, there are plenty of relatively affordable camper vans out there. But if you’re looking to take your midsize pickup truck on an extended adventure, Scout is offering a cool solution that sleeps up to four people. Not bad for something that weighs under 1,000 pounds. The new Scout Yoho is a lightweight camper with
ISTANBUL — A Turkish jet executive on trial over Carlos Ghosn’s dramatic escape from Japan told a court on Friday that the former Nissan boss spoke about Hollywood making a movie of his getaway as he flew in a private jet to Beirut. Ghosn was arrested in Japan in late 2018 and charged with underreporting
With approximately 900,000 company cars on UK roads, it’s important for businesses to consider how they can help move their drivers to cleaner and greener motoring. Many drivers are often given a limited choice of what car they have, perhaps from a certain brand or engine type. Some drivers are motivated by the current tax
Two months ago, BMW started accepting orders for the 330e and 330e xDrive models – aka the plug-in hybrid 3-Series with rear- and all-wheel drive, respectively. Pricing starts at $44,550 and $46,550, excluding the $995 destination and handling fee, which puts them between the $40,750 330i, with its 255 HP 2.0-liter four-pot, and $54,000 M340i,
MADRID — Patricia Notario’s life started unraveling when she first heard rumors that Nissan would shutter its car factories in Barcelona. It was during Spain’s state of emergency to contain the coronavirus, and the 36-year-old and her partner, also a Nissan employee, were confined to their home like millions of others. The couple had put
Lamborghini has teamed up with the Italian Sea Group to launch a yacht inspired by supercars. Deliveries are scheduled to begin in 2021. The new yacht is called Tecnomar for Lamborghini 63, in reference to the automaker’s 1963 founding, and it borrows styling elements from a number Lamborghini cars. The Y-shaped bow lights reference the
The 2020 Infiniti QX60 is reasonably well-equipped as standard, but more popular features most are options—and they’re bundled in expensive packages. We give it a 7 out of 10 here. For 2020, the QX60 has changed very little. The Premier trim is gone, which leaves the $45,345 Pure edition as the base model, with the
If you own a fast car, handing over the keys to a valet could very well be the worst thing you could do if the latter is irresponsible. Case in point, this white Tesla Model S Performance that was recently wrecked by a valet driver. The incident in question happened at the La Cantera Resort
TOKYO — Nissan CEO Makoto Uchida tried selling the automaker’s new revival plan to skeptical shareholders last week amid an angry showdown over everything from his management style and corporate vision to board member pay and the company’s plunging share price. Some attendees at the June 29 annual shareholders meeting even harked back wistfully to
Dale Earnhardt Jr. may no longer spend his weekends competing in NASCAR, but the North Carolina native’s mark on the sport remains as deep as ever. So why not let the world know you’re a Dale Jr. fan by bidding on one of his old racing machines? This NASCAR Chevy was driven by the son
China has changed the global auto industry over the past couple of decades. But China itself has changed, too. During the previous recession — the Great one — while the U.S. was stumbling and shepherding two automakers through a bankruptcy reorganization, China was growing like mad. It became the largest market in the world —
Tesla has updated its warranty for its already problematic media unit and touchscreen with a ridiculously shorter 2-year or 25,000-mile limit. As we previously reported, Tesla had a problem with the embedded Multi-Media-Card memory (eMMC) in its original MCU (the central media unit with a touchscreen). It is being overwritten to the point of failure
LOS ANGELES — Hyundai Motor America COO Brian Smith is leaving the automaker just short of three years on the job. His exit is effective Monday. “The position of Hyundai Motor America COO will not be replaced at this time as the company continues to prioritize and consolidate its regional management structure around the world,”
ElectReon Wireless raises US$50 million in an equity offering ElectReon Wireless, a leader in developing and implementing wireless charging for electric vehicles in motion, raises US$50 million in an equity offering to boost a global shift to the cleanest form of mobility – electric vehicles with minimal batteries. Some of Israel’s biggest institutional Investors led
People scouring the market for fully electric SUVs with premium badges have a host of new models to choose from. There’s the Tesla Model X and Y, the Audi e-tron and e-tron Sportback, Volvo’s XC40 Recharge, the Jaguar I-PACE and the Mercedes EQC, with BMW prepping its own iX3 for later this year. Mercedes‘ offering
ISTANBUL — A Turkish jet executive on trial over Carlos Ghosn’s dramatic escape from Japan told a court on Friday that the former Nissan boss spoke about Hollywood making a movie of his getaway as he flew in a private jet to Beirut. Ghosn, once a leading light of the global car industry, was arrested
Dodge unleashed a new version of its Challenger muscle car that packs a heady 807 horsepower. It features many of the mods from 2018’s Challenger SRT Demon, but unlike the drag special the new Super Stock isn’t a limited edition. It’s available for 2020 and will continue to be available for 2021. 2021 Dodge Durango
The 2020 Infiniti Q50 is often forgotten among luxury sedan buyers, but it’s not without merit. Good looks, impressive powertrains, and decent value in the right form warrant a rating of 6.0 out of 10. (Read more about how we rate cars.) For 2020, the Q50 gets a twin-turbo V-6 power as standard, improving the
While we are waiting for Lamborghini to unveil the SCV12 track-exclusive monster later today, the automaker has surprised us with an exclusive motor yacht. Called the ‘Tecnomar for Lamborghini 63’, it’s the result of a collaboration between Automobili Lamborghini and The Italian Sea Group. The name is a clear reference to Lamborghini’s 1963 foundation as
Britain’s Ineos Group, one of the world’s largest chemical companies you’ve likely never heard of, is preparing to enter the auto industry with a new-from-the-wheels-up utilitarian SUV. It’s a boxy, rugged-looking, midsize four-by-four whose size and shape makes it a near doppelganger for the classic Land Rover Defender 110 wagon that ended production in 2016.
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