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Nissan Is Losing More Money Than Ever

The company expects to lose up to $5.3 billion for its 2024 fiscal year—a record for the company.

Apr 24 2025 -

Musk Blames Massive Tesla Losses on Political 'Blowback'

Production is down, profits are down, and net income (GAAP) is down 71 percent.

Apr 22 2025 -

Hertz Just Leaked Your Data—Now It Wants to Inspect Cars With AI

A recent data breach exposed the information of more than 100,000 customers. Now, the rental giant will use AI to inspect vehicles.

Apr 21 2025 -

It's Getting Worse: Mitsubishi Stops Shipments to US Dealers

The Japanese automaker has a 100-day supply of cars sitting on lots. After that's exhausted, expect prices to spike.

Apr 14 2025 -

Maserati Is Not for Sale

The struggling exotic brand is safe for now.

Apr 14 2025 -

Trump's Tariffs Could Force Stellantis to Sell Alfa Romeo and Maserati

A consultancy firm was hired to assess things with the struggling brands, notably with regard to steep tariffs in the US.

Apr 8 2025 -

Rimac Wants Complete Control of Bugatti: Report

Porsche currently has a 45-percent stake in the Bugatti Rimac joint venture. Rimac could buy it out.

Apr 4 2025 -

McLaren Will Make More Than Supercars

New investment into McLaren's car business will see the company's portfolio "expanded into new product categories."

Apr 3 2025 -

Why Toyota Was Disappointed by the Honda-Nissan Merger Talks

President Akio Toyoda believes the joint press conference didn't focus on what really matters.

Mar 28 2025 -

Stellantis Paying Employees Up to $72,000 to Quit

The automaker is offering generous buyouts to employees in Michigan, Illinois, and Ohio.

Mar 24 2025 -

Lamborghini Is Making More Money Than Ever

The Urus remains its best-selling model by far.

Mar 20 2025 -

Nissan's New CEO Is a 'Real Car Guy'

That could be exactly what Nissan needs.

Mar 12 2025 -

Nissan Has a New CEO

Nissan is making senior management changes in the wake of the failed merger with Honda.

Mar 11 2025 -

Carlos Tavares Earned an Absurd Amount of Money as Stellantis CEO

We did the math so that you don't have to.

Feb 28 2025 -

Stellantis Profits Have Cratered

The company reported a 70-percent drop and doesn't expect to make any money until at least the second half of 2025.

Feb 26 2025 -

Aston Martin Just Keeps Losing Money

Sales for the British sports carmaker fell 8.9 percent last year, while debt grew to over $1 billion.

Feb 26 2025 -

Audi Will Show the New A6 Avant Next Week

Audi has backtracked from calling it the A7 Avant.

Feb 25 2025 -

Honda Wanted Nissan to Scrap Its Hybrid Tech: Report

The proposal called for Nissan to abandon e-Power in favor of Honda's hybrid system.

Feb 17 2025 -

Mustang GTD Buyers Can't Sell Their Cars for at Least Two Years

Sorry, flippers.

Feb 14 2025 -

Nissan Plans Massive Job Cuts and Plant Closures to Save Itself

Nissan intends to survive, with or without a merger with Honda.

Feb 14 2025 -

Porsche Is Cutting a Bunch of Jobs Over Weak EV Demand

Slumping sales in China aren't helping, either.

Feb 13 2025 -

Will Renault sell its stake in Nissan?

The French group could make USD 3.5 billion from it and Foxconn does not rule out a purchase, but the priority is to cooperate

Feb 13 2025 -

Ferrari Employees Can Buy a Fiat Panda with Their Fat Bonus

Workers are getting five-digit bonuses after an excellent 2024.

Feb 13 2025 -

Honda and Nissan Merger Officially Canceled

Honda admits it wanted to make Nissan a subsidiary, but its proposal was shut down.

Feb 13 2025 -