Auto

Audi employee arrested in Germany amid diesel probe

German prosecutors say they have conducted further searches at two locations and had one person taken into custody in connection with their investigation into alleged manipulation of diesel emissions in Audi cars sold in the United States.

Lyft close to selecting IPO adviser - sources

Lyft is close to hiring an initial public offering (IPO) advisory firm, in the first concrete step by the second biggest U.S. ride service company to become publicly listed, according to people familiar with the matter.

Lyft close to selecting IPO adviser - sources

Lyft is close to hiring an initial public offering (IPO) advisory firm, in the first concrete step by the second biggest U.S. ride service company to become publicly listed, according to people familiar with the matter.

Uber shutting down U.S. car-leasing business

Uber confirmed it is shutting down its U.S. auto-leasing business, months after it discovered it was losing 18-times more money per vehicle than previously thought.