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Corporate / Financial Elon Musk buys 9.2 percent of Twitter, shares instantly surge

Elon Musk buys 9.2 percent of Twitter, shares instantly surge

Okay, now what next?
By Brian Potter 05 April 2022
Corporate / Financial Tesla confirms new stock split, will seek shareholders' approval

Tesla confirms new stock split, will seek shareholders' approval

If stockholders vote yes, this will be Tesla's second stock split in less than two years since the five-for-one split from August 2020.
By Brian Potter 29 March 2022
Corporate / Financial UK car finance market up 43 percent in January

UK car finance market up 43 percent in January

The result is partly down to the pandemic and rising used car prices.
By James Fossdyke 15 March 2022
Official Alpina officially becomes part of BMW

Alpina officially becomes part of BMW

Alpina will continue building BMW-based models through the end of 2025.
By Brian Potter 11 March 2022
Official Sony and Honda creating joint venture to develop and sell EVs from 2025

Sony and Honda creating joint venture to develop and sell EVs from 2025

The first model will be built by Honda on a Sony platform.
By Brian Potter 04 March 2022
Corporate / Financial Nissan found guilty, fined $1.7 million over Ghosn income scandal

Nissan found guilty, fined $1.7 million over Ghosn income scandal

The company will not appeal the judgement.
By Brian Potter 04 March 2022
04:15 Official Ford splits in two: Model E division for EVs, Blue for petrol

Ford splits in two: Model E division for EVs, Blue for petrol

The Model E division will also handle advanced driving tech and will create a new vehicle shopping experience.
By Brian Potter 03 March 2022
Corporate / Financial Stellantis pays late FCA boss Marchionne's estate more than Tavares

Stellantis pays late FCA boss Marchionne's estate more than Tavares

This has been revealed in the company's annual report for 2021.
By Brian Potter 02 March 2022
Corporate / Financial Stellantis sending employees tips on how to get jobs elsewhere

Stellantis sending employees tips on how to get jobs elsewhere

We appreciate your work. But please go work somewhere else.
By Brian Potter 28 February 2022
Corporate / Financial Majority of 3,965 VW Group vehicles on burning ship likely destroyed

Majority of 3,965 VW Group vehicles on burning ship likely destroyed

Losses of Volkswagens, Audis, Bentleys, Porsches, and some rare Lamborghinis could exceed £110 million.
By Christopher Smith 26 February 2022
Corporate / Financial VW Group says discussions about a Porsche IPO are

VW Group says discussions about a Porsche IPO are "advanced"

Volkswagen AG negotiated a framework agreement with its largest shareholder to prepare for a potential IPO of Porsche AG.
By Brian Potter 23 February 2022
Corporate / Financial Lotus considers listing new EV division on stock market

Lotus considers listing new EV division on stock market

Lotus is currently on tour to get an idea of investors' interest in the automaker's "EV" stock.
By Brian Potter 23 February 2022
Industry Renault-Nissan

Renault-Nissan "small and fragile," ex-CEO Carlos Ghosn says

Ghosn is in Lebanon and is still very critical about Renault's operations.
By Anthony Karr 19 February 2022
Corporate / Financial UK: Consumer car finance market up nine percent in 2021

UK: Consumer car finance market up nine percent in 2021

The market was worth a total of 36.7 billion in the UK.
By James Fossdyke 18 February 2022
Corporate / Financial Elon Musk gifted 5 million Tesla shares worth billions to charity

Elon Musk gifted 5 million Tesla shares worth billions to charity

At this point, there's no information about which charity received the support from Musk.
By Brian Potter 16 February 2022
Motorcycles Ex-Norton Motorcycles CEO Stuart Garner could now face prison time

Ex-Norton Motorcycles CEO Stuart Garner could now face prison time

Garner pleaded guilty to pension fund mismanagement-related offenses in February, 2022.
By Brian Potter 10 February 2022
Corporate / Financial Ferrari employees got up to £10,000 bonuses after record-breaking 2021

Ferrari employees got up to £10,000 bonuses after record-breaking 2021

It was a great year to be a Ferrari employee.
By Brian Potter 07 February 2022
Industry Morgan Stanley’s Jonas: Tesla to surpass GM, Ford US market share

Morgan Stanley’s Jonas: Tesla to surpass GM, Ford US market share

The analyst also predicts that Tesla’s revenue could surpass GM and Ford combined by 2027.
By Brian Potter 04 February 2022
Industry Ferrari set a new sales record in 2021 by delivering 11,155 cars

Ferrari set a new sales record in 2021 by delivering 11,155 cars

One of the very few brands with no SUV... yet.
By Brian Potter 03 February 2022
Corporate / Financial Daimler’s name officially changes to Mercedes-Benz on February 1

Daimler’s name officially changes to Mercedes-Benz on February 1

The new name emphasises the company’s focus on the future – EVs and software.
By Anthony Alaniz 29 January 2022
Corporate / Financial Tesla Q4 2021 earnings report: Beats expectations yet again

Tesla Q4 2021 earnings report: Beats expectations yet again

Another profitable quarter in the books.
By Brian Potter 27 January 2022
Corporate / Financial Stellantis CEO says politicians, not automakers pushing for EVs

Stellantis CEO says politicians, not automakers pushing for EVs

The company will announce a new strategic plan on March 1.
By Brian Potter 21 January 2022
Corporate / Financial Rimac Technology starts operating as standalone EV components unit

Rimac Technology starts operating as standalone EV components unit

Mate Rimac has "huge ambitions" for Rimac Technology, which will build "tens of thousands high-performance systems per year by 2024."
By Brian Potter 19 January 2022
Corporate / Financial UK car finance market up in November despite new car supply issues

UK car finance market up in November despite new car supply issues

Lenders handed out advances worth more than £3.1 billion to UK private customers.
By James Fossdyke 19 January 2022
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