Now

Mercedes-Benz expects record sales in 2017

Mercedes-Benz is expecting another record year in 2017. "The positive sales trend continued in March," the company explained in a statement. The company's vans division is also on track to set a new record.   

 13m

Lexus previews updated NX

Lexus has published a teaser image to preview the updated NX. The crossover will make its debut next month at the Shanghai Auto Show.   

 1h

Tencent takes 5% stake in Tesla

Chinese tech firm Tencent has purchased a five percent stake in Tesla, Inc., for $1.78 billion. Tencent has been investing in electric vehicle and autonomous technology firms, including at least two Chinese startups, Reuters reports.   http://reut.rs/2mMvSfC

 17h

Accident won't derail Volvo/Uber partnership

Uber's self-driving car program has faced significant setbacks in the past few weeks. Notably, the program was banned in California after Uber failed to get a permit, its XC90-based prototypes were widely accused of running lights and cutting off cyclists, and one of them was involved in an accident. However, Volvo remains committed to the partnership, and it will continue to support Uber.   http://bit.ly/2nbZrCL

 18h

Uber sets exit date for Denmark, citing new taxi law

Uber plans to cease operating in Denmark on April 18, 2017 thanks to a new law which requires taxi services to equip their cars with items such as permanent fare meters and seat sensors, TechCrunch reports. The law seems to be deliberately tailored to disrupt services such as Uber, where drivers' and customers' smartphones take the place of permanently installed equipment.   http://tcrn.ch/2ndjqkJ

 19h

Jaguar planning long-wheelbase XE for China

Jaguar is in the final stages of developing a long-wheelbase variant of the XE, its entry-level sedan. Likely called XEL, the model is being developed exclusively for the Chinese market. We'll see it next month during the Shanghai Auto Show.    http://bit.ly/2nbG4K8

 21h

Uber wants Waymo's lawsuit to be negotiated privately

Mobility giant Uber is fighting to keep Alphabet Inc. (Owner of Google and autonomous vehicle developer Waymo) from arguing the intellectual property theft and unfair competition elements of its lawsuit in public court, Automotive News reports. Uber's lawyers filed a motion Monday to request an arbitration hearing.   http://bit.ly/2ncxZ83

 21h