Category: Automotive

Cargo raises $5.5M to let Uber drivers sell snacks and essentials nationwide

Cargo, a startup that wants to let every rideshare driver open their own convenience store in their car, has just raised $5.5M in a round it’s calling seed preferred financing. Over the summer we covered the company’s $1.75M seed round, at which point they were just getting started. Now they have 2,500 cars on the… Continue reading Cargo raises $5.5M to let Uber drivers sell snacks and essentials nationwide

Uber Eats acquires Ando, the food delivery startup from David Chang that makes its own food

As food delivery hopefuls like Deliveroo and Amazon get more involved in the making of food themselves, Uber’s food delivery branch Uber Eats has made an acquisition that could see the company also producing more of the product it’s bringing to its customers. Ando — the delivery-only ‘restaurant’ founded by Momofuku chef David Chang —… Continue reading Uber Eats acquires Ando, the food delivery startup from David Chang that makes its own food

Aston Martin hit by Daimler steering-column recall

PARIS (Reuters) – Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler (DAIGn.DE) steering-column components that can cause unintended airbag deployments. The British sports car maker is recalling all 3,873 DB11 coupes built since late 2015, when production of the flagship model began, sources with knowledge… Continue reading Aston Martin hit by Daimler steering-column recall

Germany confirms Audi recall due to illicit emission-control device

BERLIN (Reuters) – Germany’s transport ministry confirmed a media report on Monday that the KBA automotive watchdog detected illicit emission-control software in Audi’s (NSUG.DE) latest Euro-6 diesel models and ordered a recall of the vehicles. Some 127,000 vehicles from Audi, a unit of Volkswagen (VOWG_p.DE), are affected worldwide including 77,600 vehicles are registered in Germany,… Continue reading Germany confirms Audi recall due to illicit emission-control device

Vroomly completes fundraising with Via ID

Two years after its creation, Vroomly has moved closer to Via ID to raise 2 million euros. Thanks to the start-up accelerator specialized in new mobility, the garage comparator hopes to boost its development. Vroomly wants to spend the second. The garage comparator has just closed a € 2 million fundraising campaign with Via ID,… Continue reading Vroomly completes fundraising with Via ID

GCA takes over BMW in Meaux and Fiat in Avranches

The group led by David Gaist begins the 2018 exercise with two new developments. With the German brand, the operator is opening a new geographical map … It’s hard to start the year 2018. Indeed, the GCA group continues to grow in the BMW / MINI brands by taking over the JDB concession from Meaux… Continue reading GCA takes over BMW in Meaux and Fiat in Avranches

Uber rival Cabify has raised another $160M at a $1.4B valuation

Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion,… Continue reading Uber rival Cabify has raised another $160M at a $1.4B valuation

Jaguar Land Rover to cut output due to Brexit, diesel uncertainty to hit sales

LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) will temporarily reduce production at its northern English car plant in Halewood later this year in response to weakening demand due to Brexit and tax hikes on diesel cars. Jaguar Land Rover’s sales in Britain and Europe were flat in 2017 and it expects tough… Continue reading Jaguar Land Rover to cut output due to Brexit, diesel uncertainty to hit sales

Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017

Two auto‑mechatronics apprentices, Alexander Herbig and Alexander Ochsenkühn (r.), had the idea of marking torque‑wrench sockets green and red. The color system eases the fitting of the sockets, prevents the wrong use of the tool and therefore saves time. Audi Ideas Program sets new record in full-year 2017 Implementation of 15,000 improvement suggestions from Audi… Continue reading Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017