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Toyota Is Slowing Its Roll on EVs

Toyota is the latest automaker to delay its EV plans to do slowing demand.

Oct 3 2024 -

Bad News: Aston Martin Won't Hit Its Sales Goal This Year

The company is slashing its sales estimates by 1,000 units.

Sep 30 2024 -

Stellantis Is Already Looking for a New CEO

Carlos Tavares' contract expires in January 2026 and might not be renewed.

Sep 24 2024 -

UK government funds Aston Martin project

The sum of £6 million was earmarked for the development of sustainable aluminium

Sep 18 2024 -

Auto Loans Surpass Student Loans As Second-Highest Household Debt

Delinquent car loans are also way up, nearing the record-high peak set during the 2009 financial crisis.

Sep 16 2024 -

Europe's battery crisis continues

Northvolt to close its largest plant and make redundancies

Sep 14 2024 -

BMW Is Shaking Up Its Design Team

Design boss Domagoj Dukec moves to Rolls-Royce.

Sep 13 2024 -

General Motors and Hyundai could collaborate on cars and engines

A non-binding agreement has been signed to jointly develop vehicles, engines and technologies. Here's what they're going to do now.

Sep 13 2024 -

Hyundai and GM Could Develop and Build Cars Together

The two have signed a Memorandum of Understanding to explore combustion cars, EVs, and more.

Sep 12 2024 -

Stellantis Dealers Blame CEO for the 'Disaster'

The US Stellantis National Dealer Council thinks the American brands are facing "rapid degradation."

Sep 12 2024 -

Crisis: Volkswagen breaks with unions in Germany

Cancellation of several agreements with trade unions, paving the way for redundancies from June 2025 at several Volkswagen plants.

Sep 12 2024 -

Volkswagen's number one talks about the current situation

Oliver Blume ruled out layoffs and closures, however, describing the situation as alarming. Here is what he said in an interview with Bild

Sep 10 2024 -

VW Has 'One, Maybe Two Years' to Turn Things Around, Says Finance Chief [UPDATE]

Chief Finance and Operating Officer Arno Antlitz painted a dire picture of VW Group's future during a meeting with workers in Germany.

Sep 5 2024 -

Stellantis Won't Sell or Kill Any of Its 14 Car Brands After All

The original plan to keep all of them for 10 years is still in place.

Sep 2 2024 -

Pininfarina signs a €90 million sales agreement

The contract runs until April 2026 and includes the preliminary design activities already carried out

Aug 31 2024 -

Hyundai presents its plans for the future: Not only electric

EREV hybrids with combustion engines and electric motors for a range of over 560 miles

Aug 30 2024 -

Lotus Isn't Doing Well, Guys

Despite a big increase in deliveries, Lotus Tech suffered a net loss of hundreds of millions of dollars in the second quarter of 2024.

Aug 29 2024 -

Electric cars fail to take off, Hyundai prepares more hybrid models

The company said it wants to expand its hybrid range from 7 to 14 models

Aug 29 2024 -

GM Just Laid Off Over 1,000 People

The layoffs represent 1.6 percent of the company's entire salaried workforce.

Aug 19 2024 -

The UAW Files Labor Charges Against Elon Musk and Donald Trump

UAW President Shawn Fain says that Musk and Trump attempted to "threaten and intimidate" workers.

Aug 13 2024 -

Group crisis and model cancellations? This is Ford's reply

The company is consciously shifting from mainstream to more profitable crossover, SUV and speciality segments

Aug 11 2024 -

Carlos Ghosn: Honda Plans 'Disguised Takeover' of Nissan and Mitsubishi

The ex-Nissan supremo believes the Honda-Nissan-Mitsubishi alliance isn’t really much of an alliance.

Aug 7 2024 -

Toyota Just Posted Record Profit Despite Declining Sales

The automaker banked $8.9 billion from April to June, thanks mostly to a weak yen.

Aug 1 2024 -

Official: Nissan and Honda team up for platforms, batteries and motors

The Japanese giants will jointly study a new architecture and powertrains for future electric cars

Aug 1 2024 -