Industry

Mercedes-Benz parent company Daimler suffered a sharp drop in profits and that likely means some models have to go.

NASA is on a mission to return to the moon and is in need of a new lunar rover.

While Genesis topped the study, Buick was the highest ranked among non-luxury brands.

Nissan has filed a lawsuit against its former chairman on the eve of announcing its latest financial results.

Hyundai and Kia will spend $87 billion over the next five years to develop new technologies, including electric cars.

Despite hitting its long-term target of 10,000 sales, Ferrari has no plans of slowing down as there are still new lines like the Purosangue SUV in the works.

Rotary engines, motorsport victories and record-setting sports cars mark a century of innovation at Mazda.

Ferrari's SUV is due in 2021 and could now use a name other than Purosangue.

Mini blames cost cutting and uncertainty over Brexit for delays in its next-generation family.

Aston Martin Lagonda gets rescued by billionaire investor Lawrence Stroll and his Formula One team, who will help keep the bespoke British performance brand solvent in the near future.

Jannarelly is bringing production of its lightweight, retro-designed sports cars to the United States.

Tesla sold approximately 360,000 cars in 2019, earning it a non-GAAP profit of $35.8 million.

Germany's next major auto show is scheduled for 2021 and will take place in either Berlin, Hamburg or Munich.

The Detroit-Hamtramck Assembly plant will start churning out EVs from late 2021 and the first to arrive will be a pickup truck.

Europe has been named as the first export market for American EV startup Lucid.

The future of mobility may be in the skies, with Toyota investing $349 million in Joby Aviation's electric vertical take off and landing aircraft.

Tesla posted an ad in China announcing an R&D center and looking for car designers for Chinese-style vehicles.

VW Group CEO Herbert Diess told company executives that a radical shift toward electric cars and software expertise is needed.

Lamborghini sold almost 5,000 Urus SUVs in its first full year on the market, which helped the brand set a new sales record.

The winners this year were picked from an original list of 46 nominees.