Industry

Porsche makes $23,000 per car, the most of any VW Group brand.

Fans of motorsport around the world have been experiencing low-level anxiety over the future of the Nürburgring for years now. In 2012, the track declared insolvency, and it looked like it might be shuttered, or worse, scrapped. But those fears may be resolved now that the German automotive...

Cadillac has had a tough time competing in Europe, with the poor image of its Saab-based BLS probably still lingering in the minds of Europe’s luxury car buyers. Cadillac made a half-hearted return to the European market in 2010 by offering a handful of select models, but now it’s full...

Bugatti has named a new sales chief for its biggest single market.

A bond issue will fund the launch of Spyker's latest car.

Tesla is a company on the move. While 2013 was an up and down year for the company--rave reviews and strong sales mixed with fire incidents and rapped knuckles from the NHTSA over Tesla Motors' [NSDQ:TSLA] reporting of safety scores--the next few years will bring a new factory, new models and a new...

A few years ago automakers realized that devising their own infotainment systems in-house was a fool's game. The systems quickly became outdated next to the fast-moving consumer electronics industry and were rarely as slick as the ones customers were used to on their smartphones and tablets. Ford's...

They may not have an auto industry in a couple of years, but at least the Aussies may once again have their own auto show to attend. At one point Australia had major auto shows taking place annually in state capitals Sydney and Melbourne but in 2010 the separate events merged into the combined...

Tesla has reworked the ex-GM/Toyota NUMMI plant in Freemont, California into a high-tech electric car factory, but it may soon outgrow the place. The company—which has built about 30,000 Model S sedans so far—has previously hinted at a larger plant that would coincide with plans to ramp...

The American arm of Chinese auto parts supplier Wanxiang, Wanxiang America Corporation, recently won the rights to Fisker’s assets in a deal valued at $149.2 million, which was approved by the Delaware court overseeing Fisker’s bankruptcy on Tuesday. Information about Wanxiang’s...

While the general trend in the industry, even among luxury makes, appears to be to increase sales with little regard to exclusivity or whether a vehicle fits a brand, Ferrari is going against the tide and limiting the number of cars it sells each year. After reaching ‘Peak Ferrari’ in...

A U.S.-based arm of Chinese supplier Wanxiang (Wanxiang America Corporation) was the successful bidder in an auction of the assets of bankrupt electric car startup Fisker Automotive. The winning bid has been valued at approximately $149.2 million, which includes $126.2 million of cash, $8 million...

Lexus has been rated the most dependable brand for the third year in a row in J.D. Power’s annual Dependability study, a feat the Japanese luxury brand has achieved more than any other in the 25 years that the study has been run. Furthermore, Lexus led all other brands by a significant margin...

Toyota has hit the final nail in the coffin of Australia’s volume auto manufacturing industry with the announcement today that it will stop building cars in the country by the end of 2017. Rival Australian manufacturers Holden and Ford have also confirmed plans to stop building cars in...

A consortium of 29 firms including most major automakers has commenced a research project that will look into the requirements for autonomous driving. Called AdaptIVe (Automated Driving Applications & Technologies for Intelligent Vehicles), the research project is taking place in...

You'd think a company's name and logo were among the standard items of any business buying up the assets of a bankrupt firm, but in the case of Fisker Automotive's long-running saga, that doesn't seem to apply. Whoever buys the company and its assets may not have access to the Fisker brand name...

That autonomous cars will be available over the next few decades doesn't come as much of a surprise. They will, however, be largely optional for the time being--so you won't be forced to let a computer drive that fancy new sports car you always promised yourself. Cars that prevent crashes may...

Only a couple of years ago, Maserati was selling around 6,000 cars per year on the back of two model lines: the Quattroporte and GranTurismo. Not surprisingly, many scoffed when the automaker announced in 2011 it would increase annual sales to 50,000 units and launch three additional model lines by...

BMW's version of the MINI is an unusual vehicle, and it's built in unusual places. Currently, many MINIs are built in the Oxford, England plant that's most closely tied to the brand's heritage. But the Countryman and Paceman are made under contract by Magna Steyr in in Graz, Austria. The latter...

Following its acquisition of all remaining shares in Chrysler from the United Auto Workers VEBA Trust earlier in the month, Italian automaker Fiat has rebranded itself Fiat Chrysler Automobiles (FCA) in recognition of its fully-integrated status. FCA will be registered in the U.K., for what the...