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Didi raises $7.3B as it battles against rideshare rival Uber over China market

In the ongoing battle for dominance of China's ride sharingmarket, Didi may have pulled ahead just a bit again. As favor continues to oscillate between Uber and its biggest rival in the country, Didi managed to raise another $7.3 billion.
Cars

Become a 24 Hours of Le Mans expert with this quick primer

The 24 Hours of Le Mans is arguably the most prestigious event on the racing calendar, but what’s it really all about? We’ve got the full story on this epic endurance race right here.
Cars

Short lines, no waiting: Telsa Model 3 list dropouts buy Model S

Tesla hit its 2,000 vehicle weekly production goal and it appears the company is mining the Model 3 reservation list for Model S buyers. The new, lower-priced Model S 60 may appeal to buyers who've made the Tesla decision but don't want to…
Cars

Mercedes-AMG is preparing a different kind of GT R

Mercedes-AMG is preparing to unleash a hotter version of the GT called GT R. Inspired by the GT 3 race car, the GT R likely uses a twin-turbocharged 4.0-liter V8 engine rated at 585 horsepower.
Cars

Judge extends Volkswagen diesel settlement deadline

Volkswagen and U.S. regulators will get one more week to finalize the diesel settlement announced in April. U.S. District Court Judge Charles Breyer extended the deadline from June 21 to June 28.
Cars

VW’s new direction: 2 to 3 million all-electric cars annually by 2025

Shifting focus from DieselGate, Volkswagen quantifies e-car plans, promising 2 to 3 million all-electric cars yearly by 2025. Self-driving technology and ride-hailing services are also part of VW's ten-year plan.
Cars

Why you can’t order a Toyota Prius with a roof-mounted solar panel

Toyota will offer the plug-in hybrid variant of the Prius with a roof-mounted solar panel in Japan and in Europe. We won't see the panel -- which boosts efficiency by 10 percent -- in the U.S. until later in the production run.
Cars

British Olympian Chris Hoy trades his bicycle for a Nissan Le Mans race car

British Olympic cyclist Chris Hoy will race at the 2016 24 Hours of Le Mans this weekend, driving a Nissan-powered LMP2-class prototype car. He's the first Summer Olympic medalist to race at Le Mans.
Cars

Mercedes-Benz will have you covered for every kind of motor in the next few years

The mobility industry is going electric, but Mercedes-Benz and parent company Daimler are investing in cleaner versions of all power types. Daimler is investing in diesel, gasoline, fuel cell, mild- and high-power hybrid, and electric…