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Corporate / Financial Borgward Brand Dies Again, Declared Bankrupt: Report

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
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Corporate / Financial McLaren Sells Historic Cars To Secure Funding For Artura Upgrades

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
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Corporate / Financial Nissan Borrows $1.4 Billion To Make EV, Carbon-Neutral Investments

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
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Corporate / Financial Ford And Lincoln Won't Attend Auto Shows In Canada For 2023

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
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Corporate / Financial Mercedes Says Subscription For More Power Faces Legal Hurdles In Europe

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
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36:06 Mazda Investing $10.6B In EVs, Wants Zero Fatalities In Cars By 2040

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
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Manufacturing / Production GM Investing $45M In Indiana Casting Plant For Silverado, Sierra EV

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
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Design Audi Introduces New, Flatter 2D Logo Design For Its Four Rings

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
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InsideEVs.com Rivian Pushes Back R2 Platform To 2026, Has 114,000 R1 Preorders

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

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
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Industry Renault And Geely Establish New Company To Produce ICE, Hybrid Powertrains

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
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Corporate / Financial Bosch Agrees To Pay $25M To Resolve Diesel Emissions Scandal In California

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
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Corporate / Financial Stellantis Paying Some Employees To Voluntarily Quit Amid Shift To EVs

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
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Industry Honda Values GM Partnership, Will Collaborate On Future Low-Cost EVs

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
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Corporate / Financial Ford Leaving Russia After Selling 49-Percent Stake In Joint Venture

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
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Official European Union Agrees To Ban Sales Of New Gasoline And Diesel Cars From 2035

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
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Corporate / Financial SEAT Future Undecided Beyond 2029, Could Become Mobility Brand

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
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Corporate / Financial Mercedes Is The Latest Automaker To Leave Russia

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
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Corporate / Financial Circle K Gas Stations Are Bringing Weed To Select Florida Locations

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
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Corporate / Financial BMW Group To Invest $1.7B In US For EV And Battery Cell Production

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
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Classics Alfa Romeo Launches New Certification And Restoration Program

Alfa Romeo Launches New Certification And Restoration Program

The Alfa Romeo CEO will chair the certification committee.
By Anthony Alaniz Oct 19 2022
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Corporate / Financial Stellantis Boss Says Euro 7 Regulations Should Be Dropped, Explains Why

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
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Corporate / Financial BMW Chairman Says Hydrogen Cars Will Be The Hippest Thing To Drive

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
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Corporate / Financial Lincoln Dealers Have Until Dec 15 To Decide On $900k EV Investment

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
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