Information Technology

U.S. underestimates cost of fuel and CO2 goals, automakers say

U.S. regulators have underestimated the cost and difficulty of achieving their vehicle fuel-economy and greenhouse-gas targets for 2025 and are giving California too much power to shape the country's policies on those issues, an automaker group said.

Lyft hires investment banker Qatalyst to explore options, report says

Lyft, the U.S. ride-hailing startup with ties to General Motors, is working with Qatalyst Partners to explore deal options, a person familiar with the matter told Bloomberg.

U.S. underestimates cost of fuel and CO2 goals, automakers say

U.S. regulators have underestimated the cost and difficulty of achieving their vehicle fuel-economy and greenhouse-gas targets for 2025 and are

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