Industry

Aston Martin is keen on ensuring that its next generation cars meet and exceed the requirements of its customer base. To help with that goal, the automaker has opened the doors on a brand new prototype and vehicle development center located within the grounds of the MIRA Technology Park in the U.K...

It may have taken six years, but Lamborghini can now finally proclaim that it has beaten its previous sales record of 2,430 cars set in 2008 during the height of the global financial crisis. Over the course of 2014, the Italian marque managed to move 2,530 units, with sales up in virtually all...

Porsche was another luxury automaker that enjoyed record sales in 2014, joining the likes of Audi, Bentley, BMW, Mercedes-Benz and Rolls-Royce. The German sports car marque managed to deliver 189,849 cars to customers worldwide in 2014, which was up a staggering 17.1 percent on its tally of 162,145...

BMW managed to maintain its title of most popular luxury automotive brand in the world in 2014, with its sales for the year coming in at 1,811,719 cars, a substantial 9.5 percent increase on the 1,655,138 it sold the previous year. The 3-Series was by far the brand’s leading seller, with...

It’s looking like 2014 was a bumper year for luxury automakers, with many reporting record sales for the period. One of these was Bentley, which reported sales of 11,020 cars during the past year, a 9 percent increase on the 10,120 it sold in 2013. MUST SEE: Mid-Engined Chevrolet Corvette Spy...

Jeep records record global sales for the third year in a row.

Mercedes-Benz has a home in the United States, and it's been in New Jersey since 1972. That is set to change, however, as the German automaker has confirmed it will be moving its local headquarters to Atlanta, Georgia later this year. MUST SEE: 2015 Chevy Corvette Z06 Does Burnout, Then Runs The...

Toyota will license its fuel-cell patents to other companies for free.

Germany’s three major luxury automotive brands experienced record sales in the U.S. in 2014, with BMW ending the year as the most successful. In 2014, BMW sold a staggering 339,738 vehicles here, up 9.8 percent on the record 309,280 it sold in 2013. The most popular model was the...

Rolls-Royce is celebrating its fifth-straight year of record sales, with the British ultra-luxury marque managing to deliver 4,063 cars in 2014, up roughly 12 percent on the 3,630 cars it delivered in 2013. This is the highest level of sales for Rolls-Royce in its 111-year history, although it...

Certain carmakers have stopped sales in Russia in response to a 40-percent drop in the ruble's value.

German auto industry veteran Albert Biermann, a former engineering chief of BMW’s storied M division, has been hired by Hyundai to oversee the development of new performance cars for the Korean brand and those from its sister brand Kia. Biermann, 57, has been assigned the role of head of...

After successfully filing for bankruptcy protection with a Dutch court just two weeks ago, struggling sports car brand Spyker has been declared bankrupt due to its inability to source bridge funding to continue operations. The decision was made today by the district court of Midden-Nederland, at...

The American arm of Fiat Chrysler Automobiles [NYSE:FCAU], the Chrysler Group, which represents brands such as Chrysler, Dodge, Jeep and Ram, has been renamed FCA US. The change doesn’t have any major effects, with the company’s headquarters in Auburn Hills, Michigan as well as the...

Aston Martin has managed to snag a top engineer from the ranks of Lotus. It has been confirmed that Matt Becker, the current head of vehicle testing and development at Lotus, a company he’s worked at for more than two decades, will join the team at Aston Martin next month. Becker will be in...

Cash-strapped Aston Martin is seeking funds for an expansion from its current model range, two sources familiar with the matter have revealed to Reuters. The automaker, which is majority owned by Kuwaiti and Italian investment firms, and run by newly appointed CEO Andy Palmer, is expected to issue...

At the 2014 Geneva Motor Show last March, a little known startup by the name of nanoFLOWCELL showed off an electric sedan concept whose motors were powered by energy stored in a device called a flow cell. In essence, a flow cell combines characteristics of a traditional battery and more advanced...

Earlier this month, cash-strapped Saab owner National Electric Vehicle Sweden (NEVS) asked a Swedish court to extend the period for its restructuring so that it could finalize a deal with a new investor. NEVS said at the time that it was in talks with two Asian firms, which court documents have now...

BMW will promote its current product chief Harald Krüger to the role of CEO. The 49-year-old executive will take the reins at the automaker on May 13, 2015, replacing current CEO Norbert Reithofer who is set to become chairman, subject to the election of the board of directors. ALSO SEE: Lies!...

It appears new car shoppers aren’t very original when it comes to picking colors. According to vehicle paint giant PPG Industries, white was the most popular color for new cars for the fourth straight year. MUST SEE: 2015 Chevy Corvette Z06 Owner Does Massive Burnout Minutes After Delivery...