Industry

 
Harman and Samsung

Samsung to buy Harman in $8B deal

Samsung is making a major push into the in-car electronics game with the acquisition of Harman [NYSE:HAR] in a deal worth $8 billion. The Korean electronics giant will pay $112.00 per Harman share, which represents a premium of 28 percent on Friday’s closing price. The deal is still subject... read more

November 14, 2016 by
 
Jia Yueting

Faraday Future’s Chinese backer admits to cash crunch

Chinese tech giant LeEco, the backer of American electric car startup Faraday Future, is running low on cash, its CEO and founder Jia Yueting has revealed. In a letter to... read more November 8, 2016 by


 
2012 Toyota RAV4 EV launch at EVS-26, Los Angeles, April 2012

Report: Toyota to start volume production of EVs by 2020

After its success with hybrid technology, the logical assumption was that Toyota would jump in with both feet into development of pure electric cars. At first it seemed that... read more November 8, 2016 by


 
Apollo Arrow, 2016 Geneva Motor Show

Apollo and Roland Gumpert part ways

Apollo Automobil, the Chinese-backed, Italian-based supercar company born out of the remains of Germany’s Gumpert, announced on Friday it has cut ties with Roland... read more November 7, 2016 by


 
2015 Audi RS 5 Coupe Sport

Report: New defeat device discovered in Audi transmission

If a report from Bild am Sonntag is to be believed, the Volkswagen Group is about to be rocked by another emissions cheating scandal. The German publication (via Reuters) on... read more November 7, 2016 by


 
2017 Cadillac CT6

CT6 sighting in Melbourne suggests Cadillac set for Australian launch

Prior to the global financial crisis late last decade, General Motors Company [NYSE:GM] was ready to launch Cadillac in Australia. However, the crisis, and GM’s ensuing... read more November 4, 2016 by


 
Maven

Uber drivers can earn cash without owning a car in new trial

General Motors Company [NYSE:GM] is teaming up with an unlikely partner to trial a new mobility service in San Francisco. The 90-day trial will provide Uber drivers with the... read more November 2, 2016 by


 
Pre-production of Volvo S90 at plant in Daqing, China

All Volvo S90 sedans to be made in China

Volvo has confirmed that China will eventually become the exclusive hub for production of its S90 sedan. That means all S90s sold in the United States will eventually be... read more November 2, 2016 by


 
Toyota Smart Key Box

Toyota teams up with Getaround to trial car-sharing service

Many within the industry are predicting a future where car sharing becomes more popular than actual ownership. Though this represents a threat to automakers, rather than... read more November 1, 2016 by


 
Aston Martin Timeless certified pre-owned program

Aston Martin launches Timeless certified pre-owned program

Manufacturer-run certified pre-owned vehicle programs help take the worry out of buying used cars and in the longer term often improve confidence in a brand as well as resale... read more November 1, 2016 by


 
Otto self-driving truck prototype

Otto's self-driving Budweiser beer truck completes 120-mile run

Otto and Budweiser brewer Anheuser-Busch made history in October by successfully making the first delivery by a self-driving truck. Last week, one of Otto’s... read more October 26, 2016 by


 
2015 Volkswagen Golf TDI SE

Judge approves VW’s $14.7B buyback of 2.0-liter diesels

The Volkswagen Group in June reached a settlement with the EPA and numerous other regulators to resolve civil claims over the automaker’s diesel emission cheating... read more October 26, 2016 by


 
2017 Mitsubishi Outlander Sport

Renault Nissan to be a top 3 automaker following successful acquisition of Mitsubishi

Nissan on Thursday announced the successful acquisition of a 34 percent stake in fellow Japanese automaker Mitsubishi. The deal, valued at 237 billion yen (approximately... read more October 20, 2016 by


 
SolarCity

Tesla and Panasonic look to manufacture solar cells in Buffalo

Tesla [NSDQ:TSLA] and its battery partner Panasonic have signed a letter of intent over a deal to manufacture solar cells and modules in Buffalo, New York. The deal would see... read more October 19, 2016 by


 
Infiniti VC-Turbo engine

Tighter emissions leading to... bigger engines?

Europe carmakers are currently in the midst of an emissions and fuel economy crisis. According to Reuters, it seems that tougher emissions tests are on the way in the wake of... read more October 18, 2016 by


 
2017 Audi Q7

Report: Cost cutting could see Audi drop MLB in favor of other VW Group platforms

Audi is one of a handful of brands at the Volkswagen Group that still develops its own platforms. It’s responsible for the MLB platform designed for larger front- and... read more October 18, 2016 by


 
 

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