Latest News

Jul 11, 14
Infiniti President Johan de Nysschen jumps ship for Cadillac
Infiniti President Johan de Nysschen has resigned from his position to become the head of Cadillac.
Jul 10, 14
Bertone declared bankrupt as the company fails to find a buyer
Bertone entered bankruptcy proceedings earlier this year and has finally been declared bankrupt because the company failed to find a buyer or produce a credible business plan to keep them going.
Jul 07, 14
Spyker pays tax debts, auction to sell assets canceled
Dutch automaker Spyker has managed to pay its tax debts so now the auction to sell assets has been canceled.
Jul 04, 14
$1 billion BMW plant in Mexico officially confirmed
The BMW Group officially confirmed it will build a new plant in Mexico near the city of San Luis Potosi
Jul 03, 14
New Ford CEO Mark Fields to receive a $1.75M base salary
Ford’s new chief executive, Mark Fields, will be paid no less than $1.75 million (1.28M EUR) per year
Jul 02, 14
Spyker assets being auctioned off over tax debts - report
According to reports out of the Netherlands, a "large part" of Spyker's assets are being auctioned off to settle a tax debt.
Jun 24, 14
Ford opens 88 China dealerships in a single day
According to a recent report, Ford opened a whole 88 new dealerships in China on June 19.
Jun 10, 14
Renault purchases Caterham's stake in Alpine business, confirms 2016 launch
Renault has announced the acquisition of Caterham's stake in Société des Automobiles Alpine Caterham.
Jun 04, 14
McLaren announces 2013 results, confirms P1 track edition
McLaren has announced plans to produce a track-only version of the P1. It will be available exclusively to customers who have already purchased a street-legal P1
May 27, 14
Caterham dismisses rumors of a sale
Caterham has dismissed reports that the company is up for sale. In a statement, the company called the reports "factually incorrect" and said Tony Fernandes is "wholly committed to the Caterham brand...
May 26, 14
Caterham Group on sale for 589M USD - report
Caterham Group owner Tony Fernandes has allegedly decided to sell the UK-based company, according to a Malaysian business journal.
May 21, 14
Toyota remains world's most valuable car brand
Toyota has managed to defend its title of world's most valuable car brand in a study released by market researcher Millward Brown.
May 20, 14
Saab halts production due to cash flow problems, announces two pending partnerships
National Electric Vehicle Sweden (NEVS) has been forced to stop production of the Saab 9-3 due to a "short term cash problem."
May 06, 14
Ram Dakota successor nowhere in sight, Ram 1500 to receive two facelifts by 2018
Ram has been on a tear lately so it's disappointing to learn the long-rumored Dakota successor is nowhere on the company's five year business plan.
May 06, 14
Ferrari confirms plans to launch a new model every year
Ferrari has revealed some new details about their future product lineup. As part of their five year plan, the company will offer a "full line" of high-performance models with V8 and V12 engines.
May 06, 14
Maserati Alfieri confirmed for production, will be offered as a coupe & cabrio
Fresh off the successful launch of the Ghibli and Quattroporte, Maserati has announced plans to launch a handful of new models.
May 06, 14
Fiat 500X coming later this year, mysterious specialty model due in 2015
If you were expecting major changes from Fiat today, you'll be disappointed as the company's North American strategy only calls for releasing two new models.
May 06, 14
Dodge to focus on performance, confirms Dart SRT with AWD
The Fiat Chrysler Automobiles shindig continues as Dodge has introduced their performance-oriented five-year plan.
May 06, 14
Alfa Romeo five year plan to usher in a new era of rear-wheel drive models
After months of speculation, Alfa Romeo has officially unveiled their five year business plan.
May 06, 14
Chrysler five year plan calls for an entry-level 100 & two new crossovers
Chrysler has taken the wraps off their new five-year business plan. It calls for the company to launch three new models by 2018.
May 02, 14
Lotus appoints new CEO, hints at a transformation plan
Proton and DRB-HICOM have announced Jean-Marc Gales will become the new CEO of Lotus.
May 01, 14
Ford CEO Alan Mulally to retire, will be replaced by Mark Fields
Ford CEO Alan Mulally has announced plans to retire on July 1st. He will be replaced by Ford COO Mark Fields.
Apr 28, 14
Toyota to build a new North American headquarters in Texas
Following rumors this weekend, Toyota has officially announced plans to establish a new North American headquarters in Plano, Texas.
Apr 28, 14
Aston Martin quietly confirms development of an all-new architecture
Aston Martin's VH platform has been around for nearly a decade so it's interesting to note the company has confirmed the development of a "completely new architecture."
Apr 06, 14
BAIC to buy 'mid to high-end' European or U.S. automaker
A Beijing Automotive representative announced the company is interested in acquiring a “mid to high-end” European or U.S. carmaker.
Mar 27, 14
Bertone bankruptcy now official, could shut down next month
After a rumor which emerged earlier this month, a Bertone representative has officially confirmed the famous Italian automotive design house has entered court bankruptcy proceedings.
Mar 17, 14
Mercedes-Benz plotting Aston Martin takeover - report
A rumor has emerged concerning Mercedes-Benz's plans to purchase Aston Martin, following last year's collaboration agreement.
Mar 14, 14
Porsche made $23,200 on every vehicle they sold last year - report
According to a recent report, Porsche made $23,200 on every vehicle they sold last year.
Mar 03, 14
Spyker B6 Venator reaffirmed for production, company wants customers to become investors
Spyker hasn't said much about the B6 Venator lately but the company has just announced plans to fund the model with an "innovative corporate financing initiative."
Feb 24, 14
Volkswagen resumes their buying spree, moves to takeover the rest of Scania
Volkswagen has resumed their buying spree as the company has offered Scania shareholders approximately €6.7 ($9.2) billion to purchase the rest of the company.