Industry

One of the primary complaints for electric cars has been the long time periods required to charge their batteries. While regular AC charging systems, which take hours to top up a typical electric car battery, are sufficient at home or at the office, where a car may be sitting stationary for long...

In August of 2012, Spyker filed a $3 billion lawsuit against General Motors in a U.S. District Court in Michigan, alleging that the American auto giant deliberately forced Spyker-owned Saab into bankruptcy by blocking a planned asset purchase by Chinese investor Youngman Lotus. General Motors...

Mercedes-Benz is the latest luxury automaker reported to be eyeing production in Mexico, a move that would help it lower production costs, hedge against currency fluctuations and improve logistics. So far Audi is the only luxury automaker to have confirmed plans to build new production facilities...

There's no denying that Ferrari produces some amazing engines. The Italian automaker creates some of the world's most stunning cars thanks to their sultry lines but also to the powerplants that motivate them. The latest engine from the mighty minds of Maranello is a 6.3-liter V-12 unit built for...

Cadillac has achieved its highest rate of growth since 1976. The American luxury icon’s year-to-date sales at the end of May for the U.S. market were 69,750 units, an increase of 38 percent compared with the same period a year ago. This represents the brand’s highest year-to-date sales...

Jaguar Land Rover is the latest luxury automaker to announce record financial results for the 2012 financial year, joining the likes of Germany’s big three brands as well as Ferrari, Porsche and Rolls-Royce. For the year ending March 31, 2013, the British firm saw its sales, revenues and...

It has been confirmed that a board member and key investor of distressed electric car company Fisker Automotive has resigned. Venture capital firm Kleiner Perkins Caufield & Byers confirmed to Reuters that Ray Lane, the owner of the first Fisker Karma delivered to a customer, resigned from...

Less than a week after it was revealed that a consortium that included auto industry veteran Bob Lutz was bidding for control of Fisker Automotive, new reports are out claiming Henrik Fisker has now joined the bidding war. Henrik Fisker, of course, is a co-founder of the distressed electric car...

It’s a sad day for the Australian auto industry and an end of an era, too. Ford has confirmed it will close its Australian manufacturing facilities, its Broadmeadows car plant and Geelong engine plant, by October, 2016. The plants are responsible for the Falcon sedan and its various...

Tesla has confirmed it has paid off the entire loan awarded to it by the Department of Energy back in 2010--a full nine years ahead of schedule. The Californian startup wired the remaining $451 million amount yesterday. The original loan stood at $465 million, though with Tesla’s latest...

Brand value can be a fickle thing. It’s impossible to measure accurately and it can be affected by numerous volatile factors. But at the end of the day, if a consumer is willing to pay more for one brand over another then brand value becomes a vital indicator of a company’s overall...

The previously announced sale of the assets of Nürburgring GmbH, the private operator of the legendary Nürburgring race track in Germany, has commenced this week, with virtually anyone open to placing a bid. The track itself is owned by the German government however, which means any new...

You may never have heard of a "short squeeze," but Tesla is benefiting greatly from it right now. The stock of the Silicon Valley startup electric-car maker has soared in recent days after Tesla Motors [NSDQ:TSLA] announced its first-ever profitable quarter and plans to build and sell 21,000 Model...

When you think Lotus you're also supposed to think about adding lightness. It's the philosophy of Lotus founder Colin Chapman, and it was the ethos with which Lotus cars were designed, developed, and produced. One area Lotus doesn't want to be light in, is of course its own wallet. Thanks to a...

The idea of autonomous cars roaming the streets is something that appears ever closer on the technological horizon. Many companies are taking strong looks at bringing this tech to the streets, and the automakers are lending a hand with the software developers. Still, we're at least a decade or more...

It's been a great run for Tesla Motors these last few months. The startup electric-car maker delivered 4,900 Model S luxury sport sedans from January through March, got a rave review from Consumer Reports, and reported its first-ever profitable quarter. CEO Elon Musk even dropped hints that it...

Volvo announced as far back as September 2011 it would be implementing a strategy where its entire lineup would feature four-cylinder engines, with the engines to be based on a next-generation design and where additional performance would be drawn upon from turbocharging and vehicle...

Despite sinking hundreds of millions of dollars in developing its Model S electric sedan, which only went on sale last year, Californian startup Tesla has reported its first profit in the company’s history during the first quarter of 2013, something predicted by the automaker’s CEO...

Ferrari is going against the industry trend of trying to sell more and more cars with each passing year, by vowing to limit sales in order to protect the exclusivity of its brand as well as the value of the cars it’s already sold. But Ferrari is still a business, and like any good business it...

Infiniti has appointed American designer Alfonso Albaisa as its new global design director, a new position that will see him shape all future Infiniti production models and concepts. Albaisa, who is 48 and of Cuban descent, will be leading a team of designers based at Infiniti’s central...