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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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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.
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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,
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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
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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
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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
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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,
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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
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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
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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
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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 —
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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,”
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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
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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
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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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