Industry

  • Volvo XC90 production in Gothenburg, Sweden

    Volvo has confirmed plans for a new vehicle assembly plant just outside of Charleston, South Carolina. The Swedish automaker, whose parent company is Chinese firm Geely, is committed to spending up to $500 million to establish the new plant, which is scheduled to come online in 2018 and initially produce up to 100,000 vehicles per year. MUST WATCH: POV Video Of The 1,341-HP Koenigsegg One:1 Hitting 225 MPH The latest decision is part of Volvo’s long-term strategy for the U.S., which was once the automaker’s most significant market. Last year the U.S. accounted for just 12 percent...

  • Action at Miller Motorsports Park
    Miller Motorsports Park Closing October 31

    Just ten short years. That’s all it took for Miller Motorsports Park, the longest road course in America, to go from breaking ground to closing up shop. Located 35 minutes outside Salt Lake City in Tooele, Utah, Miller Motorsports Park has hosted professional car and motorcycle racing as well...

  • Porsche’s U.S. headquarters and Experience Center in Atlanta, Georgia
    Porsche Inaugurates New U.S. Headquarters And Experience Center

    Porsche Cars North America has called Atlanta, Georgia home since 1998, but it’s gone and made that arrangement even more permanent. The German sports car manufacturer has just opened a new headquarters and experience center on a 27-acre site adjacent to Atlanta’s Hartsfield-Jackson...

  • GM celebrates building its 500 millionth vehicle
    GM Celebrates 500-Million Vehicle Milestone: Video

    General Motors Company [NYSE:GM] is celebrating the manufacture of the 500 millionth vehicle to wear one of its brands, by thanking its customers past and present via small gifts such as free auto show tickets and exclusive owner events right up to whole cars. Of course, the vast majority of those...

  • 2012 Fisker Karma
    Fisker relaunches with customer support program for Karma owners

    Fisker introduces a new Customer Support Program with free parts and labor.

  • Tesla Powerwall Home Battery
    Tesla's New Battery Can Power Your Home

    Tesla unveils its new line of batteries for homes, businesses, and utilities.

  • piechs head, 2000 Paris Auto Show

    After last week’s sudden departure of Volkswagen Group chairman Ferdinand Piech and his wife Ursula from the automaker’s overarching supervisory board, which came after a lost leadership battle with CEO Martin Winterkorn, there were two empty seats that needed to be filled. The automaker has now confirmed that those seats will be filled by 57-year-old Louise Kiesling and 34-year-old Julia Kuhn-Piech. Kiesling has a background in design while Kuhn-Piech is involved in real estate, and crucially both are part of the Porsche-Piech clan that control 50.7 percent of VW’s voting...

  • Aston Martin DBX concept, 2015 Geneva Motor Show
    Aston Martin Secures Funding For SUV, Other Luxury Vehicles

    Aston Martin has managed to secure an additional round of funding from key shareholders Investindustrial and Tejara Capital to the tune of £200 million (approximately $307 million) to develop an SUV as well as other luxury-oriented models. This is in addition to previous rounds of funding...

  • 2011 De Tomaso SLS (Sport Luxury Sedan) Concept
    De Tomaso Sold To Chinese Consortium After Previous Sale Falls Through

    The trials and tribulations of legendary Italian sports car brand De Tomaso is beginning to resemble a story played out in one of Italy’s famed operas, with news emerging today that a planned sale of the brand announced just one month ago has fallen through and the brand now lying in the...

  • 2013 Volvo V40
    Volvo’s New Compact Cars To Be Built In Belgium, Probably China

    Volvo’s latest XC90 SUV is based on a modular platform called SPA (short for “Scalable Platform Architecture”) that will eventually underpin all of the automaker’s models sized from the S60 up. For everything smaller, Volvo teamed up with its Chinese parent company Geely to...

  • Ferdinand Piëch with wife Ursula
    End of an era at Volkswagen as Chairman Ferdinand Piëch quits

    Perhaps the most influential player in the transformation of Volkswagen from near bankruptcy into a juggernaut comprising numerous brands and vying with the likes of Toyota and General Motors Company [NYSE:GM] for the title of world’s largest automaker, Ferdinand Piëch, the grandson of...

  • 2015 Mercedes-Benz GLA-Class
    Is 'Ubiquitous' German Luxury An Opportunity For Other Makes?

    Could luxury brands be overselling themselves? Sales at the German luxury automakers have skyrocketed, with BMW, Audi, and Mercedes-Benz all selling above the 420,000-vehicle level the past two quarters, worldwide. Those three makes altogether were up nine percent just versus year-ago levels. ALSO...

  • Mercedes-Benz fined for price fixing in China

    Mercedes-Benz is the latest to join a growing list of automakers being fined by the Chinese government for monopolistic behavior in the country. According to China’s official Xinhua News Agency, authorities in the eastern Jiangsu province fined Mercedes 350 million yuan (approximately $56 million) after they determined the automaker had pressured dealers to set a floor on prices for cars and spare parts. Last year Audi was fined $40.6 million and Chrysler $5.2 million for similar practices. CHECK OUT: 2016 Acura NSX Tech Secrets Revealed Authorities last year started investigating...

  • New Ford GT, 2015 Detroit Auto Show
    Ford Moving Quickly To Ensure Cheap, High-Volume Carbon Fiber Production

    Ford Motor Company’s [NYSE:F] latest halo car will utilize loads of carbon fiber bits, but with its $400k price tag and 250-car annual production cap, the spectacular GT will be the polar opposite of cheap and high-volume. ALSO SEE: Stock 2015 Chevy Corvette Z06 0-185-MPH Run: Video As we've...

  • Aston Martin DBX concept, 2015 Geneva Motor Show
    Aston Martin Confirms Three New Model Lines, Mulls U.S. Plant

    There are few brands more quintessentially British than Aston Martin, but could the maker of some of the most beautiful sports cars on the planet start production in the U.S.? While it may seem like an odd move, just this week another struggling sports car manufacturer from the U.K., Lotus...

  • 2015 Tesla Model S 70D in new Ocean Blue color
    Elon Musk Almost Sold Tesla Motors For $11 Billion, To Google

    If the proselytizing mouthpieces for Tesla’s automotive saviorhood were to hear this, they might just wail and gnash teeth. But it’s true: Elon Musk almost sold Tesla to Google for just $11 billion—in 2013. Coming to us by way of Ashlee Vance’s Elon Musk: Tesla, SpaceX, and...

  • 2017 Lotus Evora 400, 2015 Geneva Motor Show
    Lotus To Build Cars In China

    Lotus parent company Proton has signed an agreement with Chinese industrial firm Goldstar to form a new joint venture, whose aim will be to eventually manufacture “Lotus-branded passenger cars” in China. Proton’s links with Goldstar date back more than a decade but this is the...

  • Martin Winterkorn
    VW CEO’s Contract To Be Extended Despite Chairman’s Recent Grievances

    Volkswagen CEO and chairman of the board of management Martin Winterkorn has won the approval of the German auto giant’s supervisory board executive committee and will now likely have his contract extended, despite recent grievances made by chairman Ferdinand Piech. In an interview last week...

  • 2015 BMW i3

    There was a time when having a decent interior in your car meant spending the big bucks. That’s not the case these days as interiors have become much more homogenized over the years, with the key differentiators usually being the level of tech installed and the trim fitted. This is exactly what the testers at Ward’s Auto discovered when compiling their list of the 10 best car interiors for 2015. MUST WATCH: Porsche 918 Spyder Chases Koenigsegg Agera R On Autobahn: Video In fitting with this theme, only two of the cars listed are from luxury makes: the BMW i3 and Mercedes-Benz...

  • 2014 Saab 9-3 Aero
    Saab Owner NEVS Exits Bankruptcy Protection

    After running out of cash last May due to a failed deal with a Chinese backer, Saab’s owner National Electric Vehicle Sweden (NEVS) was facing bankruptcy but was thrown a lifeline by a Swedish court that awarded the struggling firm a reorganization period. That same court, the District Court...

  • Bob Lutz
    Bob Lutz Thinks Manufacturer-Sponsored Racing Is (Mostly) A Waste of Money

    Bob Lutz isn't known for pulling punches. The industry icon speaks with all the bravado you'd expect of an old-school Marine fighter pilot, and in May's issue of Road & Track, he sounds off on manufacturer-sponsored racing, writing: "Today, as a manufacturer, I would no longer spend the...

  • Toyota Gazoo Racing in the World Endurance Championship
    Toyota And Lexus Unite Most Motorsport Activities Under Gazoo Racing Banner

    Toyota has announced it is consolidating a number of its individual motorsport programs around the globe under the Gazoo Racing banner. The automaker says the move will help clarify its motorsports efforts and hopefully foster a better link between its cars designed for racing and those designed...

  • 2017 Bentley Bentayga spy shots - Image via S. Baldauf/SB-Medien
    Bentley Bentayga Bodies To Be Built In Bratislava, Final Assembly In Crewe

    The Volkswagen Group will spend close to 500 million euros (approximately $530 million) on upgrading its plant in Bratislava, Slovakia to handle production of Bentley’s upcoming Bentayga SUV. But only the Bentayga bodies will be built at the Bratislava plant, with the final assembly to be...

  • 2016 Mercedes-Benz GLE Coupe live photos, 2015 Detroit Auto Show
    Mercedes-Benz Starts Production Of New GLE Coupe At U.S. Plant

    Following its world debut at the 2015 Detroit Auto Show back in January, Mercedes-Benz’s all-new GLE Coupe is now in production at the automaker’s plant in Tuscaloosa, Alabama. In addition to the GLE Coupe, the plant is also responsible for the regular GLE as well as the GL-Class (soon...

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