Nov 28, 13Wiesmann back in business, pulls out of bankruptcy
Wiesmann has managed to rise from its own ashes as the company has filed an application to dismiss the insolvency proceedings.
Nov 23, 13Fisker finally files for bankruptcy as it is bought by a new investment group
After months of uncertainty, Fisker Automotive has filed for bankruptcy and been sold to investment group Hybrid Tech Holdings LLC.
Nov 22, 13Volkswagen to invest 84.2 billion euros into new models, may introduce entry-level brand next year
Volkswagen has announced plans to invest €84.2 ($113.8) billion in their automotive division over the course of the next five years.
Nov 07, 13Mitsubishi unveils new mid-term business plan, hints at future models
Mitsubishi has unveiled their "New Stage 2016" business plan which calls for launching several new models.
Nov 05, 13Renault-Nissan & Mitsubishi join forces
Renault-Nissan and Mitsubishi have announced plans to explore "several new projects covering shared products, technologies and manufacturing capacity."
Nov 04, 13Mercedes CLA Coupe helps widens sales lead over BMW
Mercedes-Benz has doubled their sales lead over BMW in the US market after selling by 30,069 vehicles in October.
Oct 24, 13GM to develop the next-generation Opel / Vauxhall Corsa by themselves - report
The alliance between General Motors and PSA Peugeot Citroën appears to be unraveling as Reuters is reporting the American automaker is becoming increasingly confident that they can make Opel and Vauxh...
Oct 23, 13GM & PSA Peugeot Citroen alliance on the skids as PSA backs out of the B-segment project
The alliance between General Motors and PSA Peugeot Citroën is on the skids as the latter company has put the B-common platform project "under review."
Oct 15, 13Charles Morgan ousted from Morgan, will appeal the decision - report
Morgan has announced Charles Morgan "is no longer part of the management team or Board of Directors" of the company. However, Charles Morgan is appealing the decision.
Oct 09, 13Dongfeng Motor could take a 30 percent stake in PSA Peugeot-Citroen - report
PSA Peugeot-Citroen has confirmed the company is in talks with a potential overseas partner.
Oct 04, 13Tesla Model S fire cost the company $2.4 billion in market value - report
The fallout from the Tesla Model S fire continues as the company's stock price has plummeted since the incident.
Sep 24, 13Chrysler files for an IPO, Fiat isn't happy
Chrysler has officially filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO).
Sep 17, 139ff & SpeedArt file for insolvency
2013 continues to be a rough year for automotive companies as Porsche tuners 9ff and SpeedArt have filed for insolvency.
Sep 16, 13Fisker defaults on government loan, sale or auction likely - report
The Fiskerpocalypse appears to be coming to a close as The Wall Street Journal is reporting that the company has defaulted on their U.S. government loan.
Aug 29, 13Gumpert goes bust - report
A year after filing for insolvency, Gumpert has reportedly gone bust.
Aug 15, 13Wiesmann files for bankruptcy - report
Wiesmann has reportedly filed for bankruptcy in the Münster District Court in Germany.
Jul 31, 13PSA/Peugeot-Citroen gets a lifeline as EU signs off on debt issuance
PSA/Peugeot-Citroen has received the approval of the European Union to receive up to €7 ($9.28) billion in debt issuance from the French government.
Jul 09, 13Fiat raises stake in Chrysler to 68.49 percent
Fiat has acquired an additional 3.3 percent stake in Chrysler which means the Italian company has a 68.49-percent control.
Jun 17, 13Fisker lost $35,000 on each Karma - report
Fisker's future remains in doubt but new details are starting to emerge about what brought the eco-friendly startup to the edge of bankruptcy.
Jun 11, 13Judge dismisses Spyker lawsuit against GM
A U.S. federal judge has dismissed Spyker's $3 (€2.2 / £1.9) billion lawsuit against General Motors for interfering with Saab's affairs.
Jun 04, 13Ex-Porsche CFO convicted of fraud related to failed VW takeover bid
Ex-Porsche CFO Holger Haerter has reportedly been convicted of fraud stemming from Porsche's failed takeover of Volkswagen.
May 22, 13VL Automotive & Wanxiang team up for Fisker bid - report
Fisker's future has looked pretty bleak ever since partnership talks with Dongfeng and Geely broke down in March. However, a new report is indicating VL Automotive and the Wanxiang Group have submitte...
May 21, 13US-European auto trade deal in the works, could result in harmonized standards - report
Automakers have expressed their support for a free trade deal between the United States and European Union that could significantly reduce costs on both sides of the Atlantic.
May 01, 13Aston Martin & Investindustrial officially tie the knot
Aston Martin has successfully completed their previously announced partnership with Investindustrial. According to the terms of the deal, Aston Martin will receive a £150 ($223.7 / €177.1) million in...
May 01, 13Coda files for bankruptcy, plans to restructure and end car production
California-based Coda has filed for a voluntary Chapter 11 bankruptcy. The company will use the bankruptcy to restructure and focus on energy storage systems
Apr 07, 13Fisker sued because workers did not receive advance notice of layoff
Just a few hours after Fisker announced a major layoff, a new problem occurred as the company is now facing a federal lawsuit.
Apr 05, 13General Motors confirms investing 332M to make more efficient engines and transmissions in U.S.
General Motors has disclosed plans about investing 332M USD for developing more fuel-efficient engines and transmissions.
Apr 05, 13Mass layoffs underway at Fisker - report
Fisker is inching closer to collapse as the company has reportedly begun mass layoffs which include eliminating their whole PR team.
Apr 02, 13Pininfarina makes its first profit since 2004
Pininfarina announced recently that 2012 was the first profitable year since 2004.
Mar 18, 13Nurburgring is officially for sale
Following several years of financial problems, the entire Nürburgring racing park is officially on sale.