UK
Home News

Corporate / Financial

Corporate / Financial Mercedes says subscription for more power faces legal hurdles in Europe

Mercedes says subscription for more power faces legal hurdles in Europe

"Legal matters" are preventing Mercedes from allowing EQ owners to unlock more power post-purchase.
By Adrian Padeanu 1m ago
36:06 Corporate / Financial Mazda investing $10.6b in EVs, wants zero fatalities in cars by 2040

Mazda investing $10.6b in EVs, wants zero fatalities in cars by 2040

The Japanese brand announced an updated plan that includes numerous partnerships to kick-start EV production.
By Brian Potter 23 November 2022
Corporate / Financial Tesla's Elon Musk plans to find someone to run Twitter in the future

Tesla's Elon Musk plans to find someone to run Twitter in the future

Musk wants to make sure the initial reorganisation is complete and Twitter is in a solid place before handing over the reins.
By Brian Potter 18 November 2022
Corporate / Financial Elon Musk told Tesla board of potential CEO successor

Elon Musk told Tesla board of potential CEO successor

This is no indication Musk has any plans to leave Tesla soon or step down, it's actually typical practice to name a successor in case.
By Brian Potter 18 November 2022
Corporate / Financial Jaguar Land Rover boss resigns for personal reasons

Jaguar Land Rover boss resigns for personal reasons

The move is effective December 31.
By Brian Potter 17 November 2022
Corporate / Financial Tesla and Twitter CEO Elon Musk's $56 billion pay case begins in court

Tesla and Twitter CEO Elon Musk's $56 billion pay case begins in court

On the opening day of the case, the court was informed that Musk's huge pay wasn't related to hours worked.
By Brian Potter 16 November 2022
Design Audi introduces new, flatter 2D logo design for its four rings

Audi introduces new, flatter 2D logo design for its four rings

This will keep the look of the brand’s badge consistent from the computer screen to the front grille.
By Brian Potter 15 November 2022
Manufacturing / Production Mazda sells stake in Russian joint venture for 1 euro

Mazda sells stake in Russian joint venture for 1 euro

The contract stipulates Mazda can buy back its stake in the next three years.
By Brian Potter 14 November 2022
Corporate / Financial Musk sold almost $4 billion of Tesla stock after Twitter purchase

Musk sold almost $4 billion of Tesla stock after Twitter purchase

Tesla's CEO hasn't tweeted about this latest sale yet, but analysts believe Musk will use the cash to fund the Twitter acquisition.
By Brian Potter 10 November 2022
Corporate / Financial Tesla's earnings per car are about eight times more than Toyota's

Tesla's earnings per car are about eight times more than Toyota's

Tesla's margins are the stuff of dreams for legacy automakers. Hopefully, over time, the discrepancy will equalise.
By Brian Potter 09 November 2022
Industry Renault and Geely establish new company to produce ICE, hybrid powertrains

Renault and Geely establish new company to produce ICE, hybrid powertrains

It will employ more than 19,000 people
By Brian Potter 09 November 2022
Corporate / Financial Stellantis paying some employees to voluntarily quit amid shift to EVs

Stellantis paying some employees to voluntarily quit amid shift to EVs

Trimming down its workforce in preparation to become a sustainable tech mobility company.
By Jacob Oliva 06 November 2022
Industry Honda values GM partnership, will collaborate on future low-cost EVs

Honda values GM partnership, will collaborate on future low-cost EVs

The Ultium-based Prologue SUV will get a cheaper, Honda/GM-designed sibling by the end of the decade.
By Brian Potter 03 November 2022
Corporate / Financial Firings, privatisation, and a kitchen sink: Inside Elon Musk's first days at Twitter

Firings, privatisation, and a kitchen sink: Inside Elon Musk's first days at Twitter

The Tesla CEO concluded his $44 billion acquisition of the social media company earlier this week.
By Brian Potter 31 October 2022
Corporate / Financial Citroën takes a dig at Twitter after the Elon Musk takeover

Citroën takes a dig at Twitter after the Elon Musk takeover

The company went on a rather cheeky approach in reaction to the new Chief Twit.
By Jacob Oliva 30 October 2022
Corporate / Financial GM pauses Twitter advertising for now following Musk takeover

GM pauses Twitter advertising for now following Musk takeover

Customer interaction will continue while the company evaluates the direction of the platform.
By Jacob Oliva 30 October 2022
Corporate / Financial Ford leaving Russia after selling 49-percent stake in joint venture

Ford leaving Russia after selling 49-percent stake in joint venture

The automaker halted operations in the country back in March.
By Anthony Alaniz 29 October 2022
Corporate / Financial SEAT future undecided beyond 2029, could become mobility brand

SEAT future undecided beyond 2029, could become mobility brand

Company chairman Thomas Schäfer says they're still working on a plan for the Spanish brand.
By Brian Potter 28 October 2022
Motorsport.com Full FIA report on Red Bull F1 cost cap breach and penalty

Full FIA report on Red Bull F1 cost cap breach and penalty

Red Bull has been given a $7 million fine and a reduction on aerodynamic testing.
By Motorsport.com 28 October 2022
Corporate / Financial Mercedes is the latest automaker to leave Russia

Mercedes is the latest automaker to leave Russia

It's selling the assets to a local auto dealer chain.
By Brian Potter 27 October 2022
Corporate / Financial Tesla could be worth more than Apple, Saudi Aramco combined: Musk

Tesla could be worth more than Apple, Saudi Aramco combined: Musk

This means Tesla would have to jump from a current valuation of $695 billion to $4.4 trillion.
By Brian Potter 21 October 2022
Classics Alfa Romeo launches new certification and restoration programme

Alfa Romeo launches new certification and restoration programme

The Alfa Romeo CEO will chair the certification committee.
By Brian Potter 20 October 2022
Corporate / Financial BMW chairman says hydrogen cars will be the hippest thing to drive

BMW chairman says hydrogen cars will be the hippest thing to drive

The head honcho in Munich believes hydrogen will be the next trend after battery-powered EVs.
By Brian Potter 19 October 2022
Corporate / Financial Stellantis boss says Euro 7 regulations should be dropped, explains why

Stellantis boss says Euro 7 regulations should be dropped, explains why

Carlos Tavares argues EU7 would be applied for only a few years, so why bother?
By Brian Potter 19 October 2022
More
or Sign Up
part of
Edition:
UK
Our International Editions