Latest News

28 hours ago
After Daimler, Toyota also sold some of its shares in Tesla Motors
Japanese financial daily Nikkei has announced Toyota has sold some of its shares in Tesla Motors.
Oct 22, 14
Daimler sells off their stake in Tesla, says they will still cooperate
Daimler has announced they have reorganized their partnership with Tesla and sold off their roughly four percent stake in the automaker.
Oct 21, 14
Total president killed in plane crash
The president of F1 sponsor Total has been killed in a plane crash, the Russian news agency Ria Novosti reports. The French oil multinational is closely aligned in formula one with Renault-powered...
Oct 06, 14
Mercedes rules out a takeover of Aston Martin
Rumors of an Aston Martin takeover have been swirling for months but Daimler Chairman Dr. Dieter Zetsche has downplayed the possibility.
Oct 06, 14
NEVS unveils their reorganization plan, confirms partnership talks with Asian automakers
National Electric Vehicles Sweden (NEVS) has unveiled their reorganization plan, ahead of a Meeting of Creditors on October 8th at the District Court of Vänersborg.
Sep 30, 14
Ford 2020 Vision plan calls for four new / redesigned Lincoln models
Ford has unveiled their 2020 Vision plan which calls for the automaker to increase global sales - by 45 to 55 percent - to approximately 9.4 million units by the end of the decade.
Sep 23, 14
Cadillac to become a standalone business unit, will move to New York City
General Motors has announced plans to turn Cadillac into a "separate business unit."
Sep 23, 14
Former quattro GmbH boss defects to BMW M GmbH
BMW has announced former quattro GmbH boss Franciscus van Meel will succeed Dr. Friedrich Nitschke when he retires from his position as Chairman of the Board of Management of BMW M GmbH on January 1st...
Sep 18, 14
Lotus restructuring could see a a quarter of their workforce being let go
The turmoil at Lotus continues as the company has announced a major restructuring which could see the elimination of up to 325 jobs.
Sep 15, 14
Next-generation Nissan Micra due in late 2016
Renault has released some new details about the next-generation Nissan Micra.
Sep 11, 14
Spyker quits paying employees, is the end near?
According to reports out of the Netherlands, Spyker has quit paying their employees.
Sep 05, 14
Tesla Gigafactory to be built in Nevada
Tesla CEO Elon Musk has announced plans to locate their Gigafactory in Nevada.
Sep 02, 14
Nissan chief Andy Palmer named CEO of Aston Martin
Financial Times is reporting Andy Palmer has been appointed as Aston Martin's new chief executive officer (CEO).
Aug 29, 14
NEVS granted creditor protection, might lose right to Saab name
National Electric Vehicle Sweden (NEVS) has announced the District court of Vänersborg has granted their request for creditor protection.
Aug 28, 14
Saab bankruptcy protection rejected, sale of assets possible
Saab's future is looking bleak as a Swedish court has tossed out NEVS' filing for what is essentially bankruptcy protection.
Aug 28, 14
Saab files for bankruptcy protection
The Saab saga is turning into another Saabpocalypse as National Electric Vehicle Sweden (NEVS) has essentially filed for bankruptcy protection.
Aug 19, 14
Saab bankruptcy petition withdrawn, company continues to talk with two potential partners
The Saab saga continues as National Electric Vehicle Sweden (NEVS) has revealed they do not have enough "liquid cash, as [of] today, to pay all outstanding debt."
Aug 19, 14
Mercedes-AMG could buy MV Agusta - report
According to a recent report issued by British media, Mercedes-AMG is interested in purchasing the motorcycle manufacturer MV Agusta
Aug 12, 14
Saab owner NEVS facing bankruptcy petition - report
We haven't heard much from National Electric Vehicle Sweden (NEVS) since a "short term cash problem" forced them to stop Saab 9-3 production in May but a new report is indicating those cash flow probl...
Aug 01, 14
Tesla & Panasonic finalize Gigafactory deal
Tesla's Gigafactory is inching closer to reality as the company has finally inked a deal with Panasonic.
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...