Uber sees gradual return of U.S. drivers, modest decrease in wait times

The week of May 17th marked a new record for drivers returning to the road since the start of 2021, the ride-hailing company said.

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Judges question Carlos Ghosn in Beirut

The architect of the Renault-Nissan alliance has been fighting multiple probes since fleeing to Lebanon from Japan in late 2019.

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Cruise urges Biden to back autonomous vehicle deployment boost

Cruise CEO Dan Ammann wrote a letter May 17 asking Biden to raise a cap that limits AV production in the U.S.

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Musk says Tesla prices increasing due to supply chain pressure

The cost of vehicles is rising due to pressures across the industry, particularly for raw materials, the CEO said in response to a tweet.

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Daimler to pay Nokia patent fees, ending legal fight

Tech firms such as Nokia want automakers to pay royalties for technologies used in navigation systems, vehicle communications and self-driving cars.

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Ex-VW CEO Winterkorn said to pay $12M in diesel scandal damages

VW's supervisory board is scheduled to discuss an agreement this week, sources told Reuters.

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Porsche, Piech families may take direct stake in possible Porsche IPO, report says

Speculation about a listing of the sport-car brand earlier this year included estimates of a standalone valuation ranging from $55 billion to $110 billion.

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