Industry

Lapo Elkann, Fiat heir and brother to Fiat Chrysler Automobiles [NYSE:FCAU] Chairman John Elkann, is often in the spotlight, though not always for positive reasons. The latest instance is due to the arrest of the 39-year-old in New York City on Saturday over what’s alleged to be a fake...

Audi Quattro is a subsidiary of Audi formed in 1983 originally tasked with designing and developing high-performance cars for the automaker. Since then it’s been expanded to handle other projects including customer racing and personalization work via Audi Exclusive. Confusingly, Audi uses the...

It was all the way back in 2008 that Pagani approved plans for the construction of a new plant near its original facility in San Cesario sul Panaro, Italy. The construction is now complete and this video takes you through the whole process, revealing in detail the showroom located at the front and...

There are serious doubts concerning Faraday Future’s plan to bring a volume electric car to production in the coming years after the company’s Chinese backer LeEco in November admitted to a cash crunch and work on its plant in Nevada in October came to a stop allegedly for unpaid bills...

As they gear up to launch a new generation of volume electric cars, the major automakers are following Tesla’s [NSDQ:TSLA] lead of rolling out charging infrastructure to help eliminate range anxiety for owners. But instead of going it alone with individual standards, as Tesla has done with...

Audi has named former Volvo executive Peter Mertens as its new R&D chief. Mertens is one of the first from outside the company to be given a top role at the Volkswagen Group following the emergence of the diesel emissions scandal in September 2015. ALSO SEE: VW, Audi, Porsche reportedly racing...

Lotus is in the best financial shape it’s been in perhaps in its entirety. CEO Jean-Marc Gales has revealed that the company has turned in its first operating profit in almost four decades, though he hasn’t revealed any figures just yet. Nevertheless, the company is keen to mark the...

As it continues to deal with its diesel emissions scandal and push into electric cars, the Volkswagen Group in the past week has been making statements on future strategy. On Friday we learned that the automaker planned to shed around 30,000 jobs over the coming years as it scales back production...

Volkswagen’s famous Transparent Factory in the German city of Dresden will soon be churning out cars again. The plant, which features glass walls and an open-plan design, was last used to build VW’s Phaeton. But after production of the flagship sedan came to an end in March, the plant...

A lot has been going on behind the scenes at McLaren and slowly details of the dealings are starting to emerge. In September, the Financial Times reported that Apple [NSDQ:AAPL] was in talks with the McLaren Technology Group about a possible takeover. The McLaren Technology Group is a private...

Shareholders have approved Tesla’s [NSDQ:TSLA] acquisition of solar installation company SolarCity, a deal that’s expected to be completed within days. Shareholders of both firms voted overwhelmingly in favor of the deal, with more than 85 percent of Tesla’s shareholders giving...

The rumors that emerged in October suggesting Ron Dennis was about to leave McLaren after 36 years have proven true. The 69-year-old, Chairman, CEO and founder of the McLaren Technology Group, is set to leave the company once his current contract expires at the end of 2016. He has been placed on...

Samsung is making a major push into the in-car electronics game with the acquisition of Harman [NYSE:HAR] in a deal worth $8 billion. The Korean electronics giant will pay $112.00 per Harman share, which represents a premium of 28 percent on Friday’s closing price. The deal is still subject...

On November 6, German media first reported that certain automatic transmissions used in gasoline- and diesel-powered Audi cars had software that could determine whether the car was being tested by regulators and then switch to a more economical shift program in order to reduce carbon dioxide...

Tesla [NSDQ:TSLA] CEO Elon Musk confirmed on Tuesday that the company’s next major plant, referred to as a Gigafactory, will be located in Europe. Musk made the announcement at a press conference in Germany following Tesla’s announcement that it was acquiring German automation systems...

Chinese tech giant LeEco, the backer of American electric car startup Faraday Future, is running low on cash, its CEO and founder Jia Yueting has revealed. In a letter to employees, obtained by Bloomberg, Yueting said the company’s recent expansion, in particular into auto manufacturing, has...

Apollo Automobil, the Chinese-backed, Italian-based supercar company born out of the remains of Germany’s Gumpert, announced on Friday it has cut ties with Roland Gumpert. The former Audi executive is the founder and namesake of Gumpert and started working for Apollo after it bought the...

If a report from Bild am Sonntag is to be believed, the Volkswagen Group is about to be rocked by another emissions cheating scandal. The German publication (via Reuters) on Sunday reported that the California Air Resources Board (CARB) discovered a transmission-linked defeat device in an Audi...

Prior to the global financial crisis late last decade, General Motors Company [NYSE:GM] was ready to launch Cadillac in Australia. However, the crisis, and GM’s ensuing bankruptcy, put those plans on hold. Now it looks like GM could be ready again to launch Cadillac in Australia, a market...

General Motors Company [NYSE:GM] is teaming up with an unlikely partner to trial a new mobility service in San Francisco. The 90-day trial will provide Uber drivers with the ability to lease vehicles by the week or longer at discounted rates and with no mileage limits. It means participating Uber...