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Corporate / Financial
Borgward Brand Dies Again, Declared Bankrupt: Report
The Chinese company with a German name succumbs after incurring huge losses.
By
Adrian Padeanu
Dec 05 2022
0
Corporate / Financial
McLaren Sells Historic Cars To Secure Funding For Artura Upgrades
It still isn't enough as the company's still in talks with shareholders for recapitalization.
By
Jacob Oliva
Dec 04 2022
0
Corporate / Financial
Nissan Borrows $1.4 Billion To Make EV, Carbon-Neutral Investments
The loan is through Mizuho Bank and other lenders, with a contract period of five and seven years.
By
Christopher Smith
Nov 30 2022
0
Corporate / Financial
Ford And Lincoln Won't Attend Auto Shows In Canada For 2023
It's unclear if Ford Canada will return to the show circuit in 2024.
By
Christopher Smith
Nov 28 2022
0
Corporate / Financial
Mercedes Says Subscription For More Power Faces Legal Hurdles In Europe
"Legal matters" are preventing Mercedes from allowing EQ owners to unlock more power post-purchase.
By
Adrian Padeanu
Nov 25 2022
0
36:06
Mazda Investing $10.6B In EVs, Wants Zero Fatalities In Cars By 2040
The Japanese brand announced an updated plan that includes numerous partnerships to kick-start EV production.
By
Christopher Smith
Nov 22 2022
0
Manufacturing / Production
GM Investing $45M In Indiana Casting Plant For Silverado, Sierra EV
The company said that it has already invested over $456 million in the said facility since 2011.
By
Jacob Oliva
Nov 20 2022
0
Design
Audi Introduces New, Flatter 2D Logo Design For Its Four Rings
This will keep the look of the brand’s badge consistent from the computer screen to the front grille.
By
Anthony Alaniz
Nov 14 2022
0
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Rivian Pushes Back R2 Platform To 2026, Has 114,000 R1 Preorders
The EV maker originally said the R2 platform designed for smaller, more affordable EVs would launch in 2025 at a new plant in Georgia.
By
Dan Mihalascu
Nov 10 2022
Corporate / Financial
Lamborghini Has 18-Month Backlog On New Orders, On Pace For Record Year
Over 7,000 new Lambos have been sold so far in 2022, with well over half being the Urus.
By
Christopher Smith
Nov 08 2022
0
Industry
Renault And Geely Establish New Company To Produce ICE, Hybrid Powertrains
It will employ more than 19,000 people
By
Angel Sergeev
Nov 08 2022
0
Corporate / Financial
Bosch Agrees To Pay $25M To Resolve Diesel Emissions Scandal In California
The Dieselgate saga ain't over yet.
By
Angel Sergeev
Nov 08 2022
0
Corporate / Financial
Stellantis Paying Some Employees To Voluntarily Quit Amid Shift To EVs
Trimming down its workforce in preparation to become a sustainable tech mobility company.
By
Jacob Oliva
Nov 05 2022
0
Industry
Honda Values GM Partnership, Will Collaborate On Future Low-Cost EVs
The Ultium-based Prologue SUV will get a cheaper, Honda/GM-designed sibling by the end of the decade.
By
Brett T. Evans
Nov 02 2022
0
Corporate / Financial
Ford Leaving Russia After Selling 49-Percent Stake In Joint Venture
The automaker halted operations in the country back in March.
By
Anthony Alaniz
Oct 28 2022
0
Official
European Union Agrees To Ban Sales Of New Gasoline And Diesel Cars From 2035
The EU's three key institutions have reached an agreement.
By
Adrian Padeanu
Oct 28 2022
0
Corporate / Financial
SEAT Future Undecided Beyond 2029, Could Become Mobility Brand
Company chairman Thomas Schäfer says they're still working on a plan for the Spanish brand.
By
Adrian Padeanu
Oct 28 2022
0
Corporate / Financial
Mercedes Is The Latest Automaker To Leave Russia
It's selling the assets to a local auto dealer chain.
By
Chris Bruce
Oct 26 2022
0
Corporate / Financial
Circle K Gas Stations Are Bringing Weed To Select Florida Locations
Weed dispensaries will open adjacent to the convenience stores.
By
Anthony Alaniz
Oct 19 2022
0
Corporate / Financial
BMW Group To Invest $1.7B In US For EV And Battery Cell Production
It plans to build at least six fully electric models in the US by 2030.
By
Anthony Alaniz
Oct 19 2022
0
Classics
Alfa Romeo Launches New Certification And Restoration Program
The Alfa Romeo CEO will chair the certification committee.
By
Anthony Alaniz
Oct 19 2022
0
Corporate / Financial
Stellantis Boss Says Euro 7 Regulations Should Be Dropped, Explains Why
Carlos Tavares argues EU7 would be applied for only a few years, so why bother?
By
Adrian Padeanu
Oct 19 2022
0
Corporate / Financial
BMW Chairman Says Hydrogen Cars Will Be The Hippest Thing To Drive
The head honcho in Munich believes hydrogen will be the next trend after battery-powered EVs.
By
Adrian Padeanu
Oct 19 2022
0
Corporate / Financial
Lincoln Dealers Have Until Dec 15 To Decide On $900k EV Investment
Dealers with Ford and Lincoln vehicles under one roof will have to invest in each to sell their EVs.
By
Christopher Smith
Oct 18 2022
0
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