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Corporate / Financial Porsche now owns nearly a quarter of Rimac after $83m investment

Porsche now owns nearly a quarter of Rimac after $83m investment

Porsche increases its stake in Rimac from 15.5 to 24 percent.
By Adrian Padeanu 7h ago
Official Stellantis is latest automaker to announce an electrified future

Stellantis is latest automaker to announce an electrified future

The newly formed company sets a big goal for 2025.
By Michael Cantu 05 March 2021
Industry Porsche's stake in Rimac could increase in exchange for Bugatti

Porsche's stake in Rimac could increase in exchange for Bugatti

It'll grow to "nowhere near to 50 percent" though.
By Anthony Karr 02 March 2021
Rumours Mitsubishi could return to Europe with help from Renault - report

Mitsubishi could return to Europe with help from Renault - report

The new Outlander could be launched in Europe after all.
By Anthony Karr 26 February 2021
Industry BMW CEO expresses doubts for Tesla's further growth rate

BMW CEO expresses doubts for Tesla's further growth rate

How could they not grow quickly in a booming market?
By Mark Kane 25 February 2021
Design Peugeot introduces new brand logo that symbolises upmarket move

Peugeot introduces new brand logo that symbolises upmarket move

The first model to get the updated lion badge is the new 308.
By Anthony Karr 25 February 2021
Industry Greenpeace accuses VW of lowering emission fine by selling cars to itself

Greenpeace accuses VW of lowering emission fine by selling cars to itself

Volkswagen says this was going to happen regardless of the penalty.
By Gustavo Henrique Ruffo 16 February 2021
Corporate / Financial UK's Riversimple signs MoU with Siemens to prepare for mass production

UK's Riversimple signs MoU with Siemens to prepare for mass production

The Welsh company will also seek £150 million in funding for its two factories.
By Gustavo Henrique Ruffo 15 February 2021
Corporate / Financial New car finance market down by a quarter in turbulent 2020

New car finance market down by a quarter in turbulent 2020

But the used car finance sector wasn't hit quite so badly.
By James Fossdyke 15 February 2021
Official Kia unveils new roadmap for transformation

Kia unveils new roadmap for transformation

"‘Kia transformation’ takes the company toward a broader business portfolio to redefine the entire mobility ecosystem."
By Mark Kane 10 February 2021
Weird Musk touts crypto on Twitter, Tesla buys $1.5 billion in Bitcoin

Musk touts crypto on Twitter, Tesla buys $1.5 billion in Bitcoin

Tesla will also begin accepting bitcoin as a form of payment.
By Steven Loveday 09 February 2021
Industry Daimler to be renamed Mercedes-Benz during huge corporate shakeup

Daimler to be renamed Mercedes-Benz during huge corporate shakeup

An important move in optimizing efficiency.
By Matthew Crisara 04 February 2021
Corporate / Financial Remember the TVR Griffith? It could arrive in 2022 thanks to new loan

Remember the TVR Griffith? It could arrive in 2022 thanks to new loan

The road to TVR's rebirth hasn't been easy.
By Christopher Smith 29 January 2021
Corporate / Financial Tesla Q4 2020 earnings report: Record profit streak continues

Tesla Q4 2020 earnings report: Record profit streak continues

Another highly profitable quarter in the books.
By Eric Loveday 28 January 2021
Corporate / Financial Europe: Volkswagen ID.3 was second best selling car in December 2020

Europe: Volkswagen ID.3 was second best selling car in December 2020

The Tesla Model 3 was third, but the company has lost most of its market share.
By Mark Kane 28 January 2021
Corporate / Financial Shell to acquire Ubitricity, the UK's largest charging network

Shell to acquire Ubitricity, the UK's largest charging network

Shell soon should acquire Ubitricity, which operates more than 2,700 individual on-street charging points in the UK.
By Mark Kane 26 January 2021
Corporate / Financial Subaru committed to Europe despite 'ridiculous' sales in 2020

Subaru committed to Europe despite 'ridiculous' sales in 2020

The company is not sugarcoating the situation, admitting last year's numbers were "insane."
By Adrian Padeanu 25 January 2021
Motorsport.com F1 owner Liberty Media raises $500,000,000 for buying spree

F1 owner Liberty Media raises $500,000,000 for buying spree

F1 owner Liberty Media is raising $500,000,000 which it plans to spend on acquiring a new addition to its portfolio of subsidiaries.
By Adam Cooper 25 January 2021
Corporate / Financial Europe: Volkswagen Group missed 2020 CO2 fleet target

Europe: Volkswagen Group missed 2020 CO2 fleet target

Just around 0.5 g/km was missing, but it's enough to see a fine of more than €100 million.
By Mark Kane 22 January 2021
Industry Electroheads argue that Tesla's marketing strategy is losing steam

Electroheads argue that Tesla's marketing strategy is losing steam

Will the company have to resort to traditional advertising?
By Gustavo Henrique Ruffo 22 January 2021
Breaking Project Trinity is likely Volkswagen's slice oF Audi's Artemis Project

Project Trinity is likely Volkswagen's slice oF Audi's Artemis Project

Such trinity consists of a new EV architecture, a new production approach, and level 2 autonomy.
By Gustavo Henrique Ruffo 21 January 2021
Corporate / Financial Jaguar Land Rover plug-in car sales exceeded 11% of total sales in Q4 2020

Jaguar Land Rover plug-in car sales exceeded 11% of total sales in Q4 2020

The company gradually expanded its PHEV lineup to eight models.
By Mark Kane 18 January 2021
Corporate / Financial Spyker runs out of money, files for bankruptcy but this isn't the end

Spyker runs out of money, files for bankruptcy but this isn't the end

The Dutch sports car maker isn't giving up.
By Jacob Oliva 17 January 2021
Corporate / Financial FCA proposes new guidance surrounding car finance repossessions

FCA proposes new guidance surrounding car finance repossessions

Repossessions could restart in February, but only as a "last resort".
By James Fossdyke 15 January 2021
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