Lyft has reportedly raised a new round of funding to support its on-demand ride hailing service. It’s believed that investors have put $500 million more into the company’s coffers, probably invigorated by its recent market growth and Uber’s stumbles. A Lyft spokesperson declined to comment. DON'T MISS: Lyft will have self-driving... Lyft ridesharing service, part-owned by GM, said to raise half a billion dollars more
Lyft has reportedly raised a new round of funding to support its on-demand ride hailing service. It’s believed that investors have put $500 million more into the company’s coffers, probably invigorated by its recent market growth and Uber’s stumbles. A Lyft spokesperson declined to comment. DON'T MISS: Lyft will have self-driving... 
At the 2017 Geneva auto show, General Motors announced the sale of its entire European operations—comprising factories and the Opel and Vauxhall brands—to PSA Peugeot Citroën. German Opel and its British Vauxhall sibling have represented GM's main presence in Europe for decades, but the U.S. automaker was willing to let them go... 
Lots of people like horse races, win-or-lose competitions, and rankings. They're easy to understand, and definitive. They may also lose the forest for the trees, which is what we're tempted to suggest about a new article that addresses the launch of the 2017 Chevrolet Bolt EV electric car. GM's 238-mile battery-electric hatchback is rolling out... ![2013 Chevrolet Volt in Venice, California [photo: Chris Williams]](http://images.hgmsites.net/tmb/2013-chevrolet-volt_100407520_t.gif)
Unlike conventional hybrids and many plug-in hybrids, the first-generation Chevrolet Volt makes extensive use of both electric and gasoline power. With a fully-charged battery pack, it will drive on electric power alone until the charge is depleted, at which point the onboard gasoline engine activates. The gasoline engine serves as a generator... 
GM said today it will sell its European Opel division to PSA Peugeot Citroën, the French parent of the Citroën, DS and Peugeot brands, for 2.2 billion euros (approximately $2.33 billion). Among the questions surrounding the sale—which includes the U.K.-market Vauxhall brand—is where the change in ownership leaves Opel's... 
Diesel engines will continue to appear in pickup trucks, European luxury SUVs, and at least a few mass-market crossover utility vehicles. Two of those are the Chevrolet Equinox and Mazda CX-5 crossovers that will launch for the 2018 model year. But the future of diesel in U.S. passenger cars remains far more up in the air, due to a confluence of... 
Tesla Motors has spent more than 10 years beating the odds for startup automakers. Most new, independent makers barely survive long enough to produce a handful of vehicles, let alone sell more than 100,000 and garner praise from both customers and the media—as the electric-car startup has done. Now the Silicon Valley automaker can claim... 
The 2017 Chevrolet Bolt EV is a crucial car for General Motors in more ways than one. With an EPA-rated 238-mile range and $37,495 base price (before federal, state, and local incentives), the Bolt EV considered a groundbreaking electric-car game changer. But the Chevy hatchback is also GM's main platform for self-driving car development. DON'T... 
A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited. Once a manufacturer reaches sales of 200,000 plug-in electric cars (after December 31, 2009), the credits start to phase out for that company's cars...