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Volkswagen Fears Colossal Emissions Fine is Coming

VW has seen the future, and it's not pretty.

Jan 24 2025 -

Tesla will earn 1 billion by selling CO2 'credits' to rivals

EU fines for manufacturers that exceed CO2 limits are a huge source of income for Tesla

Jan 14 2025 -

Northvolt does not give up and seeks funds to survive

The owners vote to continue producing batteries. But financiers are needed

Jan 11 2025 -

Carvana's Massive Success Is a 'Mirage:' Report

Hindenburg Research says the company's sharp turnaround since 2022 isn't all it's cracked up to be.

Jan 3 2025 -

It's Official: Honda and Nissan Planning Merger for 2026

If approved, the two Japanese brands would be owned by a new holding company, making it one of the biggest carmakers in the world.

Dec 23 2024 -

Nissan, Honda potential merger announced as Mitsubishi evaluates whether to join

The three Japanese companies signed a memorandum of understanding for business integration

Dec 23 2024 -

Honda and Nissan merger talks reportedly underway

Mitsubishi could also be involved

Dec 18 2024 -

No deal: Audi factory in Brussels closes in February

Confirmation of the closure of Audi Brussels, birthplace of the Q8 e-tron, leaves almost 3,000 workers at home

Dec 14 2024 -

Jeep's Former CEO Is Taking Over at Nissan

Christian Meunier returns to the brand as the new chairman of Nissan America.

Dec 12 2024 -

Recaro has new investor, resumes operations

However, it is unclear how many jobs will remain in Kirchheim

Dec 6 2024 -

Stellantis Boss Carlos Tavares Suddenly Resigns

His successor will be announced in the first half of 2025.

Dec 1 2024 -

Nissan Has '12 to 14 Months' Left

The company may sell a majority stake to Honda.

Nov 27 2024 -

Audi Says the AUDI Brand Will Attract 'Different' Buyers

AUDI is apparently for those who wouldn't buy an Audi.

Nov 12 2024 -

Nissan cuts 9,000 jobs and sells Mitsubishi shares

The Japanese company's CEO, Makoto Uchida, has announced staff cuts in response to the fall in sales in the last quarter.

Nov 9 2024 -

Aston Martin Is Burning Through $1.8 Million a Day

Dwindling demand in China and lackluster DBX sales signal tough times ahead for the storied British carmaker.

Nov 4 2024 -

VW Boss: 'Decades of Structural Problems' Led to Crisis

High labor costs and lower sales have created the perfect storm.

Nov 4 2024 -

Stellantis is Writing Off 2024

CFO Doug Ostermann says "significant headwinds" will likely keep things down through 2024.

Oct 31 2024 -

McLaren Has a New Owner (Again)

After Bahrain's sovereign wealth fund acquired the company in March, McLaren Automotive already has another buyer.

Oct 29 2024 -

UK: VW Financial Services fined £5.4m for mishandling customers in financial trouble

More than 111,000 customers are affected.

Oct 24 2024 -

Volkswagen to Pay $34.9 Million for Sketchy Lending Practices

A total of $28 million will go to customers in the United Kingdom. The company will also pay a $6.9 million fine to the UK government.

Oct 22 2024 -

Stellantis Selling Its Massive Arizona Proving Grounds

It will end operations at the 4,000-acre facility by the end of the year.

Oct 21 2024 -

Struggling Stellantis Brands Only Have a Few Years to Save Themselves

The future of Chrysler, Lancia, and co. will be decided as early as 2026.

Oct 16 2024 -

Maserati Is in the Red

According to Stellantis CEO Carlos Tavares, the company is bleeding money—but not because of the cars.

Oct 15 2024 -

Stellantis CEO Carlos Tavares Will Step Down in Early 2026

Meanwhile, a management shakeup results in one man becoming the CEO of Alfa Romeo and Maserati.

Oct 11 2024 -