An official statement released today confirmed that earlier rumors of Lotus CEO Dany Bahar's suspension were in fact true--though the only reason given for the suspension was a matter of "conduct." The suspension is termed temprorary in the statement from DRB-Hicom, which recently acquired Lotus'...
Volvo has selected electronics giant Mitsubishi Electric, a subsidiary of the same group that owns the automaker Mitsubishi, to help develop next-generation infotainment... May 22, 2012 by Viknesh Vijayenthiran
Brand value can be a fickle thing. It’s impossible to measure accurately and it can be affected by numerous volatile factors. However, at the end of the day, if a... May 22, 2012 by Viknesh Vijayenthiran 1
Aston Martin’s 2009 Lagonda SUV concept was hardly a critical success. In fact, at least one media outlet implored Aston Martin to abandon plans for the large and... May 16, 2012 by Kurt Ernst 5
After recent turbulence legendary Italian design house Pininfarina is poised to post its first profit since 2004. Over the years the company has suffered some major setbacks... May 16, 2012 by Viknesh Vijayenthiran
Despite Saab having several suitors interested in purchasing the brand, paying off its debts and restarting production, no deal could ever be finalized and the automaker... May 16, 2012 by Viknesh Vijayenthiran 1
British engineering firm and race car constructor Lola, established in 1958 and based in Huntingdon, England, has announced today that it is suffering from severe cashflow... May 16, 2012 by Viknesh Vijayenthiran
If you’re used to nothing but doom and gloom surrounding new electric car start-ups, here’s a rare bit of good news: Tesla CEO Elon Musk has advised shareholders... May 14, 2012 by Kurt Ernst
Following yesterday’s announcement of the groundbreaking of a new powertrain plant in Tennessee, Infiniti and Mercedes-Benz have today confirmed that a new compact car... May 10, 2012 by Viknesh Vijayenthiran 1
Carlos Ghosn and Dieter Zetsche buddied up for an alliance between Renault-Nissan and Daimler just over two years ago, and while the duo has been cooperating in the... May 9, 2012 by Nelson Ireson
China is already the single biggest market for new cars, but soon it will be the biggest for new car designs too. That’s the prediction of Silvio Pietro Angori, the CEO... May 8, 2012 by Viknesh Vijayenthiran 1
Yesterday marked a significant milestone in the advancement of self-driving cars with Internet and technology giant Google being awarded the nation's first license for... May 8, 2012 by Viknesh Vijayenthiran 1
We’ve got bad news for any European readers hoping to buy a Russian-designed, Finnish-built lightweight sports coupe styled after a fighter jet: you’re chance to... May 7, 2012 by Kurt Ernst
While normally the strongest of rivals, German auto giants BMW and Daimler have joined forces to help come up with the design for the electric car of the future. Most... May 7, 2012 by Viknesh Vijayenthiran
Despite already having engine tie-ups with PSA Peugeot Citroen and Toyota, BMW is now reportedly in talks with Hyundai over a possible deal to share future development costs... May 4, 2012 by Viknesh Vijayenthiran
After first announcing its self-driving, autonomous car project in 2010, Google is now about to embark on the next major advancement of the technology and that is to team up... May 1, 2012 by Viknesh Vijayenthiran