Industry

Volkswagen will open the floodgates in 2022 and launch a new electric car every month as it works aggressively to electrify its portfolio, the automaker said. VW CEO Matthias Müeller told journalists Tuesday in Berlin that 30 electric cars will be launched by 2025, according to Autocar...

Chinese electric car startup Techrules used last week's 2018 Geneva International Motor Show to present the Ren RS, a track-focused electric supercar with a micro-turbine range extender. The company also used the show to announce it signed a Memorandum of Understanding with CRRC Times Electric, a...

Elon Musk early last year announced plans for the new venture The Boring Company that would look to create tunnels under congested cities through which cars could be transported riding on electric-powered, high-speed sleds. But Musk took to Twitter on Friday to announce that The Boring Company, as...

Porsche believes it will thrive and also set standards in the auto industry's coming electrification era, and the innovation has already begun today. The German performance marque announced it will bring blockchain to its cars, a digital ledger that records transactions chronologically and...

When the current-generation Volkswagen Beetle runs out its current lifecycle, it will be the end of the road for the nameplate. The German automaker confirmed plans for a next-generation Beetle are off the table and the car will exit production, according to an Autocar report published this...

Aston Martin's financial turnaround is complete as the company on Tuesday announced its first annual pre-tax profit since 2010 and is poised to grow substantially in the coming years. The British sports car marque's profit for 2017 came in at $121 million, overturning a loss of $226 million...

The current portfolio of Volvo engines will be its last. The Swedish luxury brand confirmed it's finished with gasoline-powered engines as it paves the way for a fully electric future. At the Volvo V60's reveal, the brand's CEO Håkan Samuelsson and other executives told Road & Track, in a...

Having just acquired Terrafugia, Lotus, and a sizable stake in Proton, holding company Zhejiang Geely’s international buying spree doesn’t look to be slowing down yet. Mercedes-Benz parent company Daimler on Saturday confirmed that Geely, which also owns Volvo and Lynk & Co., plus...

BMW Group, Mini's parent automaker, has signed a letter of intent to initiate a joint venture with China's Great Wall to produce battery-electric Minis in the country. Currently, the Mini plant in Oxford, England, is set to produce an electric Mini in 2019. The German automaker said production...

In an effort to expand its artificial intelligence (AI) presence in the commercial and business sector, Sony now plans to lead a project to develop an AI-powered taxi-hailing system. Nikkei Asian Review reported on Tuesday that the system, which will first be offered in Japan, will help dispatch...

Mercedes-Benz's future self-driving cars will rely on a cloud-based high-definition map updated in real time to see the world around them. The machine-readable map, known as the HD Live Map, will come from mapping company HERE, a former unit of Nokia sold to Audi, BMW and Mercedes in 2015 for $3.1...

Waymo has become the first company, at least in the United States, to receive regulatory approval for the commercialization of a self-driving taxi service where no human driver is required. The approval was given to Waymo in late January by the Arizona Department of Transportation, Ryan Harding, a...

Porsche in recent months has been in the midst of internal talks regarding the future of diesel engines within its own lineup. Those talks are clearly over, because the German automaker has just killed off the last remaining oil-burner holdouts in the lineup. For Porsche, diesel is now officially...

Audi will introduce its first volume electric car this year in the form of the e-tron SUV. Fellow Volkswagen Group member Porsche will follow in 2019 with its own electric car in the form of the production version of 2015's Mission E concept. The two cars ride on distinct platforms developed...

Lexus was rated the most dependable brand in the annual J.D. Power Dependability Study for the seventh time in a row, further strengthening the brand's reputation for quality and reliability. The annual study examines problems experienced during the past 12 months by original owners of vehicles...

Faraday Future's vision hasn't exactly panned out as once imagined, and serious financial problems have ensued. However, a Hong Kong-based entity has thrown the struggling electric-car maker a $1.5 billion lifeline to keep the lights on. Business Insider reported on Tuesday that the unnamed entity...

Aston Martin's main plant is located in Gaydon, England, but in late 2016 the automaker started construction of a second plant in St Athan, Wales in anticipation of new, higher volume models. Located on the site of a former military air base, the plant is scheduled to start production of Aston...

Three-dimensional printing is poised to revolutionize manufacturing and production processes. It's also excellent news for owners of vintage cars in need of pretty obscure parts. Porsche Classic announced on Monday that it now has the ability to 3D print parts that may no longer be available. Tests...

It's nothing but good news for Ford and Lincoln's full-size SUVs. Ford Motor Company announced on Monday it will increase production of the 2018 Expedition and 2018 Navigator to meet customer demand. Ford is making an additional $25 million investment in the Kentucky truck plant to boost output of...

Investors have rallied around Tesla, riding high on a wave of future promises from the electric car company. Tesla's 2017 financial results released on Wednesday still show the company has a long way to go, however. Tesla lost a total of $1.96 billion in 2017 and posted its worst financial quarter...