Renault is poised to take the first major step in reacquiring the Lotus F1 Team from Genii Capital by paying an outstanding tax bill to the UK government in order to stave off the team's financial collapse.
A new catalytic process yields up to 10 percent more biodiesel. A fraud case against A123 Systems executives has been dismissed. NextEV secures funding toward building a Tesla-fighting electric supercar.
Tesla is taking the possible rewards for its referral incentive even further. Now, there's no longer a limit of 10 recommendations, and the person with the most by October 31 gets a free Model S P90D with Ludicrous after trading in their current Model S.
Sergio Marchionne is hinting that a hostile takeover attempt could be in the cards to get GM at least to consider a merger with FCA. He believes the combined companies could have earnings of $30 billion annually.
Uber's rapid ascent is only going to continue, according to company data for investors obtained by Reuters. The ridesharing service predicts bookings to triple in 2015 and 2016, and an IPO might be on the way in that time.