Industry

Since we first learned that track-car expert Caterham was being sold to Team Lotus Formula 1 and the race team’s associates, there has been suggestion that a handful of new Caterham road-cars would eventually be built. In fact, at the announcement of Caterham’s sale back in April, one...

Mercedes-Benz may soon be facing a class action lawsuit over alleged defects in its M156 6.2-liter V-8 engine, used in seven different AMG models.

Volvo is abandoning its traditional five and six cylinder engines in favor of more advanced and fuel-efficient three and four cylinder power plants.

Saab’s cash crunch is nothing new, but the matter is finally coming to a head. The car maker’s first bankruptcy hearing is scheduled for September 26. In the meantime, it’s business as usual for Saab. Lately, that has been less about turning out autos or paying its workers than it...

The luxury segment has largely flown in the face of the economic downturn of the last several years, picking up steam particularly this year, but few have done as well as Rolls-Royce, which is set to set another sales record in 2011. It's not the first time Rolls-Royce has turned everyone else's...

Summer is officially over, and those of us lucky to have had some time off are most likely back at the office now. However, with the end of summer also comes the first major auto show of the new model year, in this case, the 2011 Frankfurt Auto Show, press days for which kick off on Tuesday...

Ongoing lawsuits are holding up the finalization of the Volkswagen Group's merger with Porsche SE, the latest hurdle in an epic ouroboros that has been underway for several years. The details are eye-glazingly boring, but the effects are very real and potentially harmful to both companies. The...

After months of failed funding negations and ceased production, Saab, along with its Saab Powertrain and Saab Tools subsidiaries, announced this week that it had filed for voluntary bankruptcy protection with the District Court in Vanersborg, Sweden. However, the court has rejected Saab’s...

He may have his detractors, but you can’t deny that the original car czar Bob Lutz has had a major impact on the auto industry. It appears now that Lutz’s influence will last a little while longer, as GM has announced today that its former Vice Chairman will be retained to provide...

British Coachbuilder Coventry Prototype Panels (CPP) has been very busy of late, having partially acquired Spyker Cars as well as off-road expert Bowler. Not only that, but the company also formed a joint-venture with Italian design house Zagato to help build the Aston Martin V12 Zagato, plus...

Saab has taken yet another step, this time a major one, towards what’s shaping up to be an inevitable bankruptcy, with news coming out today that the struggling Swedish automaker posted a $322 million loss for the first six months of 2011. The latest figure is four times the amount Saab lost...

Daimler, who took back distribution of Smart in the U.S. from Penske last month, is poised to launch a new media campaign to bring the Smart brand back into the spotlight.

Volvo has shown a number of ecological concepts and prototypes in the recent past, with everything from biofuels to battery powered electrics and fuel cell range-extenders, and even flywheel technology coming under the spotlight. The last we heard Volvo was about to start leases of its C30 Electric...

Lotus has announced today that famed McLaren F1 designer Gordon Murray will join its advisory board, joining a who’s who of auto industry icons including Bob Lutz, formerly of GM, Tom Purves and Prof. Dr. Burkhard Göschel from BMW, and Frank Tuch, a former VW exec. The purpose of the...

Saab is said to be seeking a court order to protect it from creditors, and will likely enter into a reorganizational bankruptcy according to reports from Swedish public radio.

Today’s headline probably comes as little surprise considering the Cadillac Escalade luxury SUV and its EXT sibling have been at the top of America’s most stolen vehicle list for the past several years. According to information compiled by the Highway Loss Data Institute (HLDI), an...

Ford and Toyota, two of the leaders when it comes to hybrid technology, have announced a new alliance to help develop hybrid drive systems for rear-wheel drive applications, specifically, light trucks and SUVs. The move should ensure the future viability of full-size pickups and SUVs in a world of...

Singapore billionaire Peter Lim has made a "significant" investment in McLaren Automotive and will join their board of directors effective immediately.

Regular readers will remember Zimride, the carpooling service that works like a social network, matching needy commuters with altruistic drivers. Until recently, Zimride had been a private service, sold to universities and large corporations to help students and employees get where they need to go...

The Pebble Beach Concours d'Elegance is in full swing. With concept reveals and new product debuts, there is no shortage of news. And although seeing the 2013 Lexus GS 350 unveiled at Pebble Beach didn't surprise us, hearing Akio Toyoda tell the crowd that he was initially opposed to the...