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Corporate / Financial

Not Even Nissan Wants Fisker

Not Even Nissan Wants Fisker

Fisker's talks with larger automakers have fallen apart.

By Jeff Perez Mar 26 2024

Bentley Boss Suddenly Steps Down

Bentley Boss Suddenly Steps Down

Adrian Hallmark will take the reins of Aston Martin.

By Adrian Padeanu Mar 22 2024

Honda And Nissan Confirm Talks About Teaming Up For EVs

Honda And Nissan Confirm Talks About Teaming Up For EVs

The collaboration could also include working on software.

By Adrian Padeanu Mar 15 2024

Stellantis Spending $6 Billion On New Gasoline Engines That Run On Ethanol

Stellantis Spending $6 Billion On New Gasoline Engines That Run On Ethanol

The investment will also support the launch of over 40 cars.

By Adrian Padeanu Mar 7 2024

UPDATE: Fisker Wants To Partner With Another Automaker Before Its Goes Bankrupt

UPDATE: Fisker Wants To Partner With Another Automaker Before Its Goes Bankrupt

Fisker says it doesn't currently have enough money to stay in business for another 12 months.

By Chris Bruce Mar 4 2024

Stellantis Employees Are Getting $2 Billion Thanks To 2023 Sales

Stellantis Employees Are Getting $2 Billion Thanks To 2023 Sales

Workers have already received about $6.4 billion since the "pay for performance" strategy started three years ago.

By Adrian Padeanu Feb 15 2024

Toyota Chairman Brought His Suzuki Jimny To A Car Show

Toyota Chairman Brought His Suzuki Jimny To A Car Show

He couldn't find a new one, so he called Suzuki's president to find him a used car.

By Adrian Padeanu Jan 25 2024

Hertz Is Reducing Its EV Fleet And Selling Tesla Model 3s For Cheap

Hertz Is Reducing Its EV Fleet And Selling Tesla Model 3s For Cheap

You can nab a Model 3 with less than 100,000 miles for around $20,000.

By Christopher Smith Jan 11 2024

More Than Half Of BMW M2s Sold In 2023 Were Manuals

More Than Half Of BMW M2s Sold In 2023 Were Manuals

BMW also told us around 20 percent of M3s and M4s sold here featured a six-speed.

By Chris Perkins Jan 5 2024

BMW's Most Polarizing Designer Is Now Working At A Chinese EV Company

BMW's Most Polarizing Designer Is Now Working At A Chinese EV Company

Plus, mass production of Volkswagen's cheap EV might be pushed back by a year.

By Adrian Padeanu Jan 5 2024

Nearly Half Of Cadillac Blackwings Sold In 2023 Were Manuals

Nearly Half Of Cadillac Blackwings Sold In 2023 Were Manuals

The CT4-V and CT5-V Blackwing are likely among the last manual-transmission super sedans. Buyers are grabbing them while they can.

By Chris Perkins Jan 4 2024

Ford Still Can't Find A Buyer For The Factory Where It Makes The Focus

Ford Still Can't Find A Buyer For The Factory Where It Makes The Focus

Plus, the new Dacia Duster off-roader remains refreshingly cheap.

By Adrian Padeanu Jan 4 2024

Kia Canada Is Reportedly Withholding Deliveries To Avoid Looking Too Successful

Kia Canada Is Reportedly Withholding Deliveries To Avoid Looking Too Successful

A CBC report claims Kia Canada is intentionally manipulating sales so it gets a bigger marketing budget from the global office.

By Christopher Smith Dec 19 2023

Volkswagen Wants Renault To Help Develop A Cheap EV

Volkswagen Wants Renault To Help Develop A Cheap EV

A spokesperson for Renault confirms the two are discussing a potential tie-up.

By Adrian Padeanu Dec 11 2023

Mercedes Fully Owned Audi In 1959 When It Nearly Bought BMW

Mercedes Fully Owned Audi In 1959 When It Nearly Bought BMW

Just imagine the three-pointed star, four rings, and roundel under the same roof.

By Adrian Padeanu Dec 11 2023

GM Knows It Loses Money On EVs But Plans To Fix That Next Year

GM Knows It Loses Money On EVs But Plans To Fix That Next Year

The company's EV pretax margins are expected to improve significantly around the middle of the decade.

By Angel Sergeev Dec 1 2023

GM Says New UAW Labor Deals Will Cost $9.3 Billion

GM Says New UAW Labor Deals Will Cost $9.3 Billion

That factors out to about $575 per vehicle over the life of GM's union contracts.

By Brian Silvestro Nov 29 2023

Financial Analyst Says Tesla Should Cancel The Cybertruck

Financial Analyst Says Tesla Should Cancel The Cybertruck

2024 is “already a lost year for growth,” Jefferies analyst Phillipe Houchois wrote.

By Iulian Dnistran Nov 21 2023

General Motors Kills Super Bowl Advertising For 2024

General Motors Kills Super Bowl Advertising For 2024

It's the first time the automaker won't play with the Big Game since 2021.

By Christopher Smith Nov 21 2023

Ferrari Entices Employees To Buy A Slice Of The Company

Ferrari Entices Employees To Buy A Slice Of The Company

It's also hiring 250 new people in the coming months.

By Adrian Padeanu Nov 15 2023

Lucid Lost $430,000 For Every Car It Sold In Q3

Lucid Lost $430,000 For Every Car It Sold In Q3

The American luxury EV maker cut its production guidance for this year after a weak quarter.

By Iulian Dnistran Nov 8 2023

Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3

Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3

After posting a $1.3 billion loss in Q3, Ford's Model e EV unit said it would cut Mustang Mach-E production and delay a battery plant.

By Dan Mihalascu Oct 27 2023

Ford And UAW Reach Tentative Agreement To End Strike

Ford And UAW Reach Tentative Agreement To End Strike

Union President Shawn Fain and Vice President Chuck Browning announced the news on social media Wednesday evening.

By Brett T. Evans Oct 25 2023

Mini Switching To Agency Sales Model In Europe Next Year

Mini Switching To Agency Sales Model In Europe Next Year

BMW will follow in 2026.

By Angel Sergeev Oct 18 2023

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