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Careem, a ride-hailing app from the Middle East, raises $200M to expand
AUS: DriveMyCar teams with dealership to start car rentals with Mercedes
Momenta, a Chinese autonomous car company, receives over $1 billion
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LatAm Autos Limited releases quarterly cash flow statement

by Michael Hunt
LatAm Autos Limited is pleased to announce its quarterly cash flow statement for the September 2018 quarter. 3Q18 Highlights: LAA reports its highest ever cash collections combined with lowest ever net quarterly cash outflows, including record revenues in 5 of the last 6 months ...

Google's Waymo is currently trying to reach their self-driving goals

by Editor
Despite getting a lot of positive coverage during the beginning of this year, Alphabet's (aka Google) Waymo has been accruing more and more negative press recently. There are two distinct reasons for this. One is a better understanding of the reluctance that many top-tier automakers still...
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"This round of funding has strategic importance to the company," Momenta CEO Xudong Cao said, "Momenta will continu…

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This new collaboration will be promoted to Mercedes owners across Australia and new and existing DriveMyCar custome…

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Dubai-headquartered Careem, the main regional rival of Uber Technologies, said it expected to raise more than $500…

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