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Industry VW CEO Criticizes Tesla For Losing Millions And Low Annual Sales

VW CEO Criticizes Tesla For Losing Millions And Low Annual Sales

"If I am correctly informed, Tesla each quarter destroys millions of dollars in the three digits."
By Adrian Padeanu 10h ago
Industry Skoda In The United States? Not So Fast

Skoda In The United States? Not So Fast

The company will focus on VAG's India invasion instead.
By Anthony Karr Oct 20, 2017
Industry SEAT Delays Naming New SUV Amid Catalonia Crisis

SEAT Delays Naming New SUV Amid Catalonia Crisis

The brand's flagship model will be launched early next year.
By Anthony Karr Oct 19, 2017
Industry Mitsubishi Investing $5.3 Billion To Get Back Into Shape

Mitsubishi Investing $5.3 Billion To Get Back Into Shape

Product renewal, market expansion, and cost optimization are the three core initiatives from the company's new plan.
By Anthony Karr Oct 18, 2017
Manufacturing / Production BMW Might Open A New Factory In Russia

BMW Might Open A New Factory In Russia

The Baltic Sea city of Kaliningrad is seen as a potential location for the new plant.
By Anthony Karr Oct 18, 2017
Industry VW To Invest $1.7 Billion Into Electric Trucks, Buses

VW To Invest $1.7 Billion Into Electric Trucks, Buses

Much like its German automotive rival Daimler, Volkswagen is planning to go big with its electric and automated truck and bus plans.
By Mark Kane Oct 14, 2017
Safety Investigation Shows A Rise In Sunroofs That Spontaneously Explode

Investigation Shows A Rise In Sunroofs That Spontaneously Explode

As if we didn’t have enough things to worry about in a car.
By Christopher Smith Oct 13, 2017
Manufacturing / Production Wiesmann Is Back And Borrowing New V8 Engines From BMW

Wiesmann Is Back And Borrowing New V8 Engines From BMW

If the mill is good enough for the M5, it should make future Wiesmann coupes impressive performers.
By Chris Bruce Oct 11, 2017
Industry VW Golf Production In Mexico To End 2019

VW Golf Production In Mexico To End 2019

Production of the hatch moves entirely to Europe.
By Nicolas Tavares Oct 09, 2017
Industry Family Feud: Porsche Wants $235M From Audi Over Diesel Scandal

Family Feud: Porsche Wants $235M From Audi Over Diesel Scandal

Both companies decline comments.
By Anthony Karr Oct 09, 2017
Industry China's Chery Euro Invasion To Include All-Electrified Portfolio

China's Chery Euro Invasion To Include All-Electrified Portfolio

First model should be introduced before the end of the decade.
By Anthony Karr Oct 09, 2017
Industry PSA Launches In U.S. Via Free2Move Ride-Share Service

PSA Launches In U.S. Via Free2Move Ride-Share Service

Peugeot's comeback to America is finally happening. Well, sort of...
By Anthony Karr Oct 05, 2017
Corporate / Financial Mercedes Falters, Lexus Closes In On BMW In Luxury Sales Race

Mercedes Falters, Lexus Closes In On BMW In Luxury Sales Race

Luxury sales rose a whopping 4.9 percent overall in September.
By Jeff Perez Oct 04, 2017
Industry Jeep First American Brand To Crack The Japanese Market

Jeep First American Brand To Crack The Japanese Market

The marque sells more than 17 times more cars then Chevrolet in the country.
By Anthony Karr Oct 03, 2017
Manufacturing / Production Toyota Closes Production In Australia After 54 Years

Toyota Closes Production In Australia After 54 Years

The brand will move all its local operations to Melbourne.
By Anthony Karr Oct 03, 2017
Motorcycles VW Withdraws Ducati Sale Following Union Resistance

VW Withdraws Ducati Sale Following Union Resistance

The brand can keep making stunning sport bikes.
By Chris Bruce Oct 02, 2017
Industry New Car Sales In Europe: Gasoline Surpasses Diesel In H1 2017

New Car Sales In Europe: Gasoline Surpasses Diesel In H1 2017

For the first time since 2009.
By Adrian Padeanu Sep 30, 2017
Industry FCA In Settlement Talks Over Excessive Diesel Emissions

FCA In Settlement Talks Over Excessive Diesel Emissions

The government will not participate in the talks.
By Anthony Karr Sep 29, 2017
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