Industry

After questioning the viability of Tesla two years ago in an op-ed titled “Is Tesla Doomed?,” Bob Lutz is now flat out stating the company is going out of business. “The company, folks, is going out of business,” he told CNBC in an interview Friday. “At this rate...

Uber is in the race to develop a fully self-driving system to one day power a fleet of driverless taxis. To develop the system, Uber is using a fleet of Volvo XC90 SUVs fitted with all the necessary hardware required for self-driving capability, such as cameras and sensors. The vehicles also...

Polestar, formerly Volvo's in-house tuner, will forge ahead as a standalone brand within Volvo Cars Group. On Monday, the brand announced it broke ground on its first manufacturing facility in Chengdu, China. It will be the assembly plant for all future Polestar models. Volvo already has a plant in...

Self-driving prototypes from Jaguar Land Rover last week took to public roads in the automaker’s home market for the first time. The test was part of the United Kingdom’s Autodrive project, a government-backed 3-year initiative that involves testing of self-driving cars on the streets...

Tesla on Thursday took the covers off its long-awaited electric semi-trailer truck. Dubbed simply the Tesla Semi, the truck promises both the longest range for an electric hauler as well as the best safety credentials of any truck its class, in this case Class 8 Heavy Duty. The Tesla Semi also has...

Car subscription services have begun to gain more widespread attention with launches such as Care by Volvo and Porsche Passport. Before both of those services, Cadillac arrived on the scene with its Book service, which launched early this year. Following a pilot program in New York City, Cadillac...

Zhejiang Geely, the Chinese holding company that controls the Volvo, Lynk & Co., Geely and Lotus brands, announced on Monday plans to fully acquire American flying car startup Terrafugia. Terrafugia, based in Boston, Massachusetts, became one of the first firms in the flying car space when it...

Faraday Future may have just been thrown a life line in the form of a $900 million investment by Indian automaker Tata. Chinese automotive news aggregator Gasgoo claims media sources in China are reporting that the $900 million is for a 10 percent stake in Faraday Future, thus valuing the electric...

If Daimler has its way, the wheels on the bus will go round and round via electric motors and battery packs in the very near future. Last Friday, Daimler subsidiary Thomas Built Buses revealed the all-electric Saf-T-Liner C2 "Jouley" school bus. The nickname "Jouley" comes from the word "Joule,"...

Two years ago, Ferdinand Piëch, then chairman of the Volkswagen Group, resigned from his post following a public spat with Martin Wintekorn, who was the automaker’s CEO at the time. The 80-year-old has now cut all ties with the VW Group by offloading his sizable stake in Porsche...

Finally free of years of mismanagement at the hands of General Motors, Opel has the potential to thrive under the stewardship of new owner PSA Group. In its new PACE! strategy announced on Thursday, Opel will address the complexities and inefficiencies that have led to almost two decades of losses...

Ford shied away from partnerships under former CEO Mark Fields, but that’s all out the door under new CEO Jim Hackett. And he’s gotten to work fast since taking up the reins in May. In that time we’ve seen Ford link up with Mahindra in India, with Lyft in North America, and now...

A handful of European nations have recently announced calls to drastically reduce vehicle emissions and in some cases ban completely the sale of cars powered solely by gasoline or diesel. Now the European Union has joined the discussion by proposing tougher emission targets in addition to an...

In 2011, Audi announced radical plans to start energy production using wind farms located in the North Sea. By feeding this renewable energy back into the grid, Audi could boast that the energy used by its future electric cars would be completely clean. However, instead of stopping there, Audi...

Opel has been a money pit going on two decades. It’s arguably the main reason General Motors finally decided to sell the brand to France’s PSA Group, which also controls the Citroën, DS and Peugeot brands. PSA itself wasn’t in ideal financial shape not long ago but the...

It's something that has bothered numerous U.S. leaders for decades: Why do American automakers struggle to gain a foothold in the world's third-largest auto market, Japan? Recently, President Donald Trump opened up this conversation yet again on his 12-day-long Asia-Pacific trip. He referenced the...

Bob Lutz has been a senior figure in the automotive industry for longer than most, so when he speaks about where it’s headed there's a certain authority behind what he has to say. Some zingers include his skepticism of man’s effect on climate change, as well as the long-term viability...

Boston, Massachusetts-based self-driving car startup nuTonomy made headlines in 2016 when it launched the world’s first self-driving taxi service. Albeit a trial only, the service, which covered a few streets in Singapore, provided an early look at a likely future where self-driving cars run...

It appears Tesla CEO Elon Musk wasn’t lying when he said in October the company was in “production hell” due to problems concerning production of the Model 3 sedan. The company on Wednesday announced its results for the quarter ending September 30 and some of the numbers released...

Genesis on Tuesday announced it has hired former BMW engineer Fayez Abdul Rahman as Vice President of Genesis Architecture Development. In his new role, Rahman will oversee development of next-generation vehicle platforms for Genesis cars and possibly some at Hyundai and Kia. His first task will be...