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Ownership Experience
Ferrari entices employees to buy a slice of the company
It's also hiring 250 new people in the coming months.
By
Brian Potter
16 November 2023
GM and Honda ditch plans to make cheap electric cars together
The decision comes just one year after the two companies announced they would co-develop a platform for affordable crossovers.
By
Brian Potter
26 October 2023
Mini switching to agency sales model in Europe next year
BMW will follow in 2026.
By
Brian Potter
19 October 2023
Ferrari now accepts cryptocurrency payments in United States
Europe will follow soon.
By
Brian Potter
17 October 2023
Ex-F1 boss Bernie Ecclestone handed suspended prison sentence for fraud
Ecclestone has been handed a suspended prison sentence.
By
Matt Kew
13 October 2023
New global vans and mystery Ram trucks headline Stellantis commercial push
The automaker will launch the lineup on 23 October.
By
Brian Potter
11 October 2023
Mercedes G63 is best-selling AMG in Europe, BMW M sales up 58%
The halo divisions for BMW and Mercedes-Benz are hot right now, clocking over 50,000 sales In the US and Europe through June 2023.
By
Christopher Smith
7 October 2023
Rolls-Royce CEO retires, Chris Brownridge named new boss
Torsten Müller-Ötvös is the company's longest-serving CEO to date.
By
Brian Potter
6 October 2023
Porsche discontinuing Greyp E-bike brand due to profitability concerns
The Croatian brand’s technology will be integrated into Porsche eBike Performance.
By
Brian Potter
5 October 2023
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
8 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
7 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
4 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
3 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
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