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Aston Martin posts $53m loss for 2022 F1 season
An increase of almost $9m.
By
Adam Cooper
29 September 2023
Alfa Romeo says it’s profitable, aims to set sales record in 2025
The fabled Italian brand is chasing profit rather than volume.
By
Brian Potter
25 September 2023
Case closed: Karma and DeLorean are no longer at odds
Karma Automotive sued DeLorean Motors Reimagined in 2022. However, Karma now asked the judge to dismiss the case. It was granted.
By
Andrew Lambrecht
23 September 2023
VW Group inks deal to import and sell Bugatti, Rimac cars in US
The companies will build a dealer network to sell the high-end models.
By
Brian Potter
21 September 2023
Stellantis believes combustion engine cars will be in use through 2050
The company still plans to be all electric in the next decade, but combustion cars sold today will live well into the future.
By
Brian Potter
08 September 2023
Tesla Supercharger network to become a multi-billion dollar business - analyst
A Wall Street analyst estimated the Supercharger network to be worth three to six percent of Tesla’s revenues.
By
Brian Potter
28 August 2023
Tesla sues two ex-employees for data breach that affected 75,000
The unnamed former employees leaked over 23,000 files totaling 100 gigabytes of data to German newspaper Handelsblatt in May.
By
Brian Potter
23 August 2023
Tesla to crack down on Cybertruck leaks, employees could face consequences
An internal email suggests immediate job termination if employees are found guilty.
By
Brian Potter
22 August 2023
Jaguar I-Pace battery class action lawsuit: LG Chem batteries again?
Jaguar Land Rover North America is facing a class action lawsuit regarding its electric I-Pace due to faulty battery packs.
By
Brian Potter
12 August 2023
Tesla acquires a wireless charging startup
Tesla has officially acquired Germany-based wireless charging firm Wiferion.
By
Brian Potter
07 August 2023
Tesla faces potential class suit over unrealistic EV range estimates
The lawsuit filed in California cites a 27 July report from Reuters that claimed Tesla exaggerated the range of its EVs.
By
Brian Potter
04 August 2023
Ferrari says hybrids accounted for 43 percent of sales in Q2 2023
The share of electrified cars more than doubled compared to the second quarter of 2022.
By
Brian Potter
03 August 2023
Jaguar Land Rover makes £2.25b EV investment
A new platform for EVs will be ready by 2025.
By
Brian Potter
31 July 2023
Bentley reports its financial results for the first half of 2023
While global sales slightly fell by 4% compared to 2022, the Americas, China, and Europe remain Bentley's top markets.
By
Jordan Aquistapace
29 July 2023
VW Group takes 5% stake in XPeng, reveals more on Audi-SAIC deal
Volkswagen will spend $700 million for 4.99 percent of XPeng; the carmakers will co-develop two mid-size EVs for China coming in 2026.
By
Brian Potter
27 July 2023
Jaguar admits past decisions have pushed brand into mediocrity
JLR Chief Creative Officer Gerry McGovern concedes Jag has no brand equity whatsoever.
By
Brian Potter
26 July 2023
2020 Norton Motorcycles pensions scam investigation gets its own podcast
British news outlet the Guardian dedicated a two-part investigative series to wrapping up the loose ends.
By
Brian Potter
25 July 2023
Tesla directors accused of overpaying themselves will return $735m
The directors include Elon and Kimbal Musk, Oracle co-founder Larry Ellison, and James Murdoch, son of media mogul Rupert Murdoch.
By
Brian Potter
19 July 2023
VW CEO calls for immediate freeze on spending, says “all is at stake”
The German brand’s head honcho warned managers of tough times.
By
Brian Potter
15 July 2023
Gernot Dollner becomes new Audi CEO, replaces Markus Duesmann
The change takes effect on September 1.
By
Brian Potter
30 June 2023
Nissan investigating claims that CEO kept COO under surveillance - report
A letter to the Financial Times revealed COO Ashwani Gupta was under surveillance for questioning the revised Renault agreement.
By
Brian Potter
28 June 2023
Former Audi CEO fined £945k, gets suspended sentence for Dieselgate role
He agreed to confess to his involvement in the scandal last month.
By
Brian Potter
28 June 2023
Alpine teases seven EVs coming by 2030, brand launching in the US in 2027
F1 efforts will be funded by Maximum Effort Investments, led by Ryan Reynolds.
By
Brian Potter
27 June 2023
VW Group CEO admits Audi lags behind rivals, software issues to blame
The automaker wants to speed up EV development.
By
Anthony Alaniz
25 June 2023
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