New York Auto Show roundup (Part 1)
New York Auto Show roundup


Hotter Jaguar XE to take on BMW M3?

Jaguar is allegedly building a hotter, 550-horsepower version of the XE aimed right at the BMW M3 and the Mercedes-AMG C63. Powered by a supercharged V8, the model might make its debut this fall at the Frankfurt Auto Show.   


Uber could owe NYC drivers $45 million

Uber has admitted it accidentally underpaid drivers in New York City for two and a half years by calculating its commission before taxes and fees were factored in. The company might need to pay back at least $45 million, according to Reuters, which represents about $900 per driver.   


Workhorse wants to sell the W-15 to the public

The gasoline-electric Workhorse W-15 pickup is fleet-only for the time being. However, a post on the company's official Twitter account suggests it's building a variant of the truck for regular consumers.   


Roger Moore dies at 89

Actor Sir Roger Moore passed away at 89 after a short battle with cancer, according to a statement published by his family. Moore is best remembered as the third actor to play James Bond.   


Geely purchases stake in Proton, Lotus

Volvo parent company Geely has agreed to purchase a 49.9 percent stake in Proton, the Malaysian automaker that owns Lotus. The company also bought 51 percent of Lotus. "We aim to unleash the full potential of Lotus Cars and bring it into a new phase of development, thanks to our experience accumulated through Volvo Cars' revitalization," said Geely CFO Daniel Donghui Li in a statement.


Americans don't trust ridesharing companies to build autonomous cars

In the US, tech giants such as Apple and Google are trusted more than automakers to build autonomous vehicles, according to an Inrix study.


VW sold $26B worth of cheating diesels in France, watchdog claims

The Le Monde report suggests VW could face more steep fines as global regulators continue to pursue enforcement actions over diesel 'defeat devices.'


Faraday Future backer LeEco expected to slash US workforce

Only a few dozen employees out of 500 could remain, according to CNBC. The report will likely fuel skepticism over Faraday Future's production ambitions.   


Hyundai: No N models for Genesis

Hyundai is preparing to release an onslaught of high-performance cars developed by a new sub-division named N. However, officials have confirmed the N treatment will be reserved for members of the Hyundai lineup, and it won't extend to the more upmarket Genesis-branded cars.   


Lamborghini expands factory

Lamborghini is expanding its factory to build the Urus SUV. The new facility includes a logistics center, a paint shop, an assembly line, additional parking spots, and even test track.