Industry

Fiat Chrysler Automobiles CEO Sergio Marchionne has made little secret of his desire to merge with another major automaker due to the significant changes facing the auto industry and the steep capital costs those changes entail. Automakers Marchionne has courted include Ford, General Motors, Toyota...

Veteran Nissan designer Shiro Nakamura has retired. He will be replaced by Alfonso Albaisa, who currently heads design at Infiniti. Albaisa in turn will be replaced at Infiniti by former BMW brand design boss Karim Habib. Nakamura was brought in by Carlos Ghosn in 1999 to oversee design at Nissan...

Intel on Monday agreed to pay $15.3 billion to Mobileye, a leading supplier of driver assistance and self-driving technology. Mobileye’s claim to fame is its EyeQ technology which uses proprietary image recognition software to help self-driving cars see the world, and the company is already a...

The Volkswagen Group on Friday pleaded guilty to three felony charges relating to its diesel emissions cheating scandal as part of January’s settlement with the Justice Department and Customs and Border Protection regarding any criminal misconduct tied with the scandal. The charges included...

It’s been four years since revived electric car brand Detroit Electric first announced plans for a Tesla Roadster-esque sports car. The company managed to get the car, called the SP:01, to the pre-production stage in late 2015 but a shortage of funding has kept it from completing all the...

Last week Danish supercar marque Zenvo announced it had a surprise in store for the 2017 Geneva auto show. The surprise turned out to be a strategic partnership with Swiss endurance racing outfit Rebellion Racing. The two firms, which both turn ten this year, plan to share engineering resources as...

General Motors confirmed on Monday that it has reached an agreement to sell its struggling European division Opel to French auto giant PSA Group, the parent of French brands Citroën, DS and Peugeot. The deal, which is valued at 2.2 billion euros (approximately $2.33 billion), will see PSA...

A lawsuit filed by a Ferrari salesman from Palm Beach, Florida, may have aired some of Ferrari's dirty laundry. According to a lawsuit filed in a Southern Florida district court by former salesman Robert "Bud" Root, the ex-employee alleged that New Country Motor Cars of Palm Beach wrongfully...

Waymo, the self-driving car unit of Google parent Alphabet, on Thursday filed a lawsuit against Otto and its parent company Uber over allegations of stolen technology and infringement of patents. Otto is a startup working on self-driving technology for transport trucks and was acquired by Uber last...

Pirelli hasn't forgotten about the tires that average Americans put on average cars, but the Italian company known for its racy calendars as much as its tires has mostly passed up Toyotas and Fords in favor of shooting for the stars. In the last few years, Pirelli has pushed its share of the tire...

Since the reveal of its Model 3 prototype a year ago, Tesla has been adamant deliveries will start no later than the end of 2017. By all accounts things appear to be on track as Tesla in a letter sent to shareholders on Wednesday said the first customer examples of the Model 3 will start rolling...

Carlos Ghosn, the man heralded with turning Nissan around from near bankruptcy in the late 1990s, is finally stepping down as CEO at the Japanese automaker. His replacement has been named as Hiroto Saikawa, who will take up the reins starting April 1. Saikawa has been with Nissan since 1977 and is...

Malaysian conglomerate DRB-Hicom is looking to offload its majority stake in fellow Malaysian firm Proton and two of the potential bidders are reported to be China’s Geely and France’s PSA Group. The information was reported on Sunday by the Financial Times which cited an anonymous...

As first hinted by its CEO last summer, Italian design firm Italdesign Giugiaro has established its own car brand. The firm on Wednesday revealed the name of the brand as Italdesign Automobili Speciali, and also produced this new logo. The logo features a stylized bull, the animal that features on...

Our future promises to be filled with autonomous vehicles filing down the highways in close proximity while the passengers inside those machines focus their attention elsewhere. The initial levels of autonomous software and technology are already here, and we will only get more of it. Ford is...

Ford has announced a $200 million investment in a new wind tunnel complex. Construction of the facility will begin later this year. The goal is to improve the aerodynamics of the brand's road and race cars, for speed in the case of race cars and for both fuel economy performance for street cars...

A tangled web of state laws could make it more difficult to test self-driving cars soon, representatives from automotive companies told a congressional committee Tuesday. Spokespeople from automakers such as General Motors, Toyota, and Volvo, and representatives from ride-sharing company Lyft and a...

General Motors has confirmed it’s in talks with PSA Group over a number of strategic issues, one of which is the sale of its European subsidiary Opel. PSA controls French brands Citroën, DS and Peugeot and is partially owned by the French government and state-owned Chinese automaker...

The Volkswagen Group released a statement on Wednesday denying allegations made by former Chairman Ferdinand Piech regarding knowledge among the automaker’s senior staff of the diesel scandal before it became public in September 2015. Piech, along with his extended family, is a major...

It’s safe to say that BMW design is in a bit of a funk. All that could be about to change, however, as the automaker is injecting some new blood into its design team. The BMW Group on Wednesday confirmed that Jozef Kaban will be in charge of design at BMW. He replaces Karim Habib who stepped...