Latest news


Unexpected car sharing trend emerges in Japan

11 July 2019

A new trend reportedly has emerged in car sharing in Japan.


Rebounding from crash, Volvo and Uber show production autonomous car

12 June 2019

An unfortunate crash last year that killed a jay-walking pedestrian was a setback to Uber's autonomous driving programme with Volvo Cars but the ride hailer and automaker have now presented a "production vehicle ready for self-driving".


Toyota tops global brand rating

11 June 2019

Toyota was top automotive brand in the latest BrandZ Top 100 Most Valuable Global Brands 2019 listing but only 41st overall with a US$29,151m valuation, down 3% and five places.


Toyota eyes big investment in Didi - report

30 May 2019

Toyota is reportedly considering a large investment in Chinese ride-hail giant Didi.


Uber valued at $82bn ahead of IPO

10 May 2019

Ride-hail firm Uber has been valued at USD82bn ahead of its NYSE listing in what is expected to be one of the biggest stock market flotations this year.


Uber attracting investors to self-driving unit - report

18 April 2019

Ride-hail giant Uber Technologies is reported to be nearing a deal with a group of investors prepared to invest in its self-driving car unit.


Ubiquitous Uber autonomous will take "a long time"

9 April 2019

Don't expect self-driving cars to become ubiquitous for a long time, a key Uber executive has said.


Lyft beats Uber to IPO

29 March 2019

Ride-hail firm Lyft is set to debut on the Nasdaq stock market today (29 March) with shares priced at US$72, ahead of the initial guidance range of $62-$68 amid expectations of high demand from investors. If demand for the shares proves high, the company could achieve a valuation in excess of $24bn.


Toyota, SoftBank, eye $1bn Uber investment - reports

14 March 2019

Investors led by SoftBank Group Corp and Toyota Motor are in talks to invest at least US$1bn into Uber Technologies' self-driving vehicle unit which would value the unit at $5bn to $10bn, two sources told the Reuters news agency.


Hyundai eyes China capacity cuts as Ford lays off workers

4 March 2019

Hyundai Motor, whose sales are falling in China, is considering cutting capacity at its factories in its biggest market, chief executive Lee Won-hee has said, according to Reuters sources. Meanwhile, Ford's joint venture in China has quietly begun dismissing thousands of its 20,000 workers due to weak vehicle sales, according to the New York Times.

Uber news

Unexpected car sharing trend emerges in Japan

11 July 2019

A new trend reportedly has emerged in car sharing in Japan. People are renting cars but not dr...


Rebounding from crash, Volvo and Uber show AV

12 June 2019

An unfortunate crash last year that killed a jay-walking pedestrian was a setback to Uber's a...


Toyota tops global brand rating

11 June 2019

Toyota was top automotive brand in the latest BrandZ Top 100 Most Valuable Global Brands 2019 lis...


Toyota eyes big investment in Didi

30 May 2019

Toyota is reportedly considering a large investment in Chinese ride-hail giant Didi. The Nikke...


Uber valued at $82bn ahead of IPO

10 May 2019

Ride-hail firm Uber has been valued at USD82bn ahead of its NYSE listing in what is expected to b...


Uber attracting investors to self-driving unit

18 April 2019

Ride-hail giant Uber Technologies is reported to be nearing a deal with a group of investors prep...



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