Industry

 
2016 Zenos E10 R

Group led by AC Cars buys bankrupt sports car startup Zenos

In January, we learned that British sports car startup Zenos had entered administration, a process similar to bankruptcy protection. A group led by fellow British sports car brand AC Cars, maker of the legendary AC Cobra, has since acquired the rights to the Zenos name and all of the... read more

March 24, 2017 by
 
Uber driver (photo by Uber)

Uber President quits after 6 months

Uber President Jeff Jones has quit just six months after joining the ridesharing firm. CEO Travis Kalanick hinted at the reason for Jones’ departure in an email sent to... read more March 20, 2017 by


 
Ferdinand Piech, chairman and CEO of Volkswagen Group, at 2000 Paris Motor Show

Ferdinand Piech looks to cut ties with family holding company that controls VW

Two years ago, Ferdinand Piech, then chairman of the Volkswagen Group, resigned from his post following a public spat with Martin Wintekorn, who was the automaker’s CEO... read more March 20, 2017 by


 
2017 Opel Crossland X

What’s in store for Opel’s future

Recently we looked at what’s in store for General Motors now that it’s sold its struggling European unit Opel to PSA Group. But what about the future of Opel? CEO... read more March 17, 2017 by


 
PSA Group CEO Carlos Taveres and GM CEO Mary Barra

Following Opel sale, more downsizing in store for GM

General Motors this month finally sold its struggling European unit Opel (along with Vauxhall, Opel’s brand for the United Kingdom) to France's PSA Group after racking... read more March 15, 2017 by


 
2015 Lincoln MKC driven off a container ship at a port in China

Lincoln to start production in China in 2019

Lincoln is set to join the increasingly long list of luxury automakers building cars in China. The brand has confirmed it will start production of an SUV in the country in... read more March 14, 2017 by


 
Toyota is building a ranch retreat with a race track in Texas

Toyota going big in Texas with ranch and private race track

Toyota is in the midst of moving its North American headquarters from California to Texas. The new facilities should prove to be a state of the art example of what you can... read more March 14, 2017 by


 
Matthias Müller

Volkswagen CEO says he's open to merger talks with Fiat Chrysler

Fiat Chrysler Automobiles CEO Sergio Marchionne has made little secret of his desire to merge with another major automaker due to the significant changes facing the auto... read more March 14, 2017 by


 
Shiro Nakamura

Veteran Nissan designer Shiro Nakamura retires, replaced by Alfonso Albaisa, Karim Habib

Veteran Nissan designer Shiro Nakamura has retired. He will be replaced by Alfonso Albaisa, who currently heads design at Infiniti. Albaisa in turn will be replaced at... read more March 14, 2017 by


 
Mobileye logo

Intel to buy Mobileye in $15.3B deal

Intel on Monday agreed to pay $15.3 billion to Mobileye, a leading supplier of driver assistance and self-driving technology. Mobileye’s claim to fame is its EyeQ... read more March 14, 2017 by


 
Volkswagen logo

VW pleads guilty to diesel scandal felonies

The Volkswagen Group on Friday pleaded guilty to three felony charges relating to its diesel emissions cheating scandal as part of January’s settlement with the Justice... read more March 13, 2017 by


 
Detroit Electric SP:01 assembly

Detroit Electric secures $1.8B investment from Chinese firm

It’s been four years since revived electric car brand Detroit Electric first announced plans for a Tesla Roadster-esque sports car. The company managed to get the car... read more March 10, 2017 by


 
Tata Tamo Racemo concept, 2017 Geneva auto show

Tata reveals Racemo concept, forms alliance with VW Group

Indian auto giant Tata in February launched the Tamo sub-brand to serve as an incubator for potential new businesses and technologies and to develop exciting, low-volume... read more March 10, 2017 by


 
Zenvo TS1 GT, 2017 Geneva auto show

Zenvo announces partnership with Rebellion Racing

Last week Danish supercar marque Zenvo announced it had a surprise in store for the 2017 Geneva auto show. The surprise turned out to be a strategic partnership with Swiss... read more March 8, 2017 by


 
2017 Opel Insignia Grand Sport

GM sells Opel to France’s PSA Group

General Motors confirmed on Monday that it has reached an agreement to sell its struggling European division Opel to French auto giant PSA Group, the parent of French brands... read more March 5, 2017 by


 
LaFerrari supercar

Report: Ferrari has device to roll back odometers to 0

A lawsuit filed by a Ferrari salesman from Palm Beach, Florida, may have aired some of Ferrari's dirty laundry. According to a lawsuit filed in a Southern Florida district... read more February 27, 2017 by


 
 

 
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