Industry

Toyota confirmed over the weekend that it will need to suspend production at all its plants in Japan due to a blast at a plant of its main steel supplier. The blast at the plant of Aichi Steel Corp actually took place on January 8, but with the plant offline for repairs it meant steel supplies for...

Land Rover’s Solihull plant in the United Kingdom has been churning out Defenders since 1983. Production at the site goes back much further, though, as it was here that the Defender’s predecessor, the original Land Rover Series, was built since 1948. Today, production of the SUV icon at...

Toyota has confirmed it will buy the remaining 49 percent it doesn't own of fellow Japanese brand Daihatsu in a deal worth approximately $3.2 billion. The deal will entail a share exchange and should be completed by August. It was only on Wednesday that Toyota, which has owned 51 percent of...

Toyota ended 2015 with 10.15 million sales, retaining its status as the world's biggest automaker for the fourth year in a row. The final tally was down slightly on the 10.23 million sales Toyota made in 2014, though it was enough to edge out top contenders Volkswagen and General Motors Company...

There’s a company out in Humble, Texas that for the past two decades has been restoring original DeLorean DMC-12s and offering parts for the stainless steel sports cars made famous by the Back to the Future trilogy. The company is DeLorean Motor Company, no relation to the original DeLorean...

Late last year, we learned that a cooling Chinese market had caused Fiat Chrysler Automobiles [NYSE:FCAU] to rethink its plans originally announced during a company-wide five-year strategy presentation made to investors in 2014. Namely, the rethinking was said to include delays for models from the...

Lamborghini set a new record in deliveries in 2015 thanks to an impressive 28 percent increase in sales. By December 31, the automaker had delivered 3,245 supercars worldwide, which compares to the previous record of 2,530 deliveries set in 2014. The surge in sales was due mostly to the...

According to a story from Apple Insider, Apple's Project Titan car development program is experiencing some issues. The story says that Steve Zadesky, the Apple engineer that was in charge of Project Titan, is leaving the company for "personal reasons." It isn't clear if a concurrent hiring freeze...

Ford Motor Company [NYSE:F] announced today it will cease selling its Ford and Lincoln brands in the Japanese and Indonesian markets. The cited reason was a lack of a “reasonable path to profitability.” The move is expected to take place in the second half of the year and will lead to a...

Like many of the major automakers, General Motors Company [NYSE:GM] is transitioning into a mobility company, whereby it not only provides means of private transport through traditional car sales but also through car and ride sharing services and eventually, it seems, on-demand autonomous car...

Following the discovery of its diesel emissions cheating software last year by regulators in the United States, the Volkswagen Group announced a company restructuring that included the formation of a new North America division to oversee operations of the VW brand in the United States, Mexico and...

New car announcements weren't the only news made at the Detroit Auto Show. In a press conference at the show, the United States Transportation Secretary Anthony Foxx revealed part of President Obama's plan to invest in 21st century transportation systems. Specifically, Foxx announced a nearly $4...

Later this year, General Motors Company [NYSE:GM] will start selling in the United States its Buick Envision crossover, which the automaker will source from a plant in China. According to Bloomberg, it will soon be joined in GM’s American showrooms by a second vehicle sourced from China: the...

BMW enjoyed its fifth-straight year of record sales in 2015 after rounding out the year with an impressive 1,905,234 deliveries. That represents a 5.2 percent increase on the previous year and has allowed BMW to retain its title of world’s best-selling luxury car brand. However, the...

A number of vehicle manufacturers in France were raided recently by investigators on the behalf of the French government over concerns of emissions cheating. The raids hit hard for Renault in particular whose share price dropped almost 22 percent after it was revealed the automaker was being...

VL Automotive, founded by industry stalwart Bob Lutz and industrialist Gilbert Villarreal, made headlines in the recent past because of radical plans to sell Karma sedans from bankrupt automaker Fisker Automotive that are stripped of their hybrid systems and powered instead by Corvette V-8s. Now...

Rumors have been swirling for a couple years about Apple building a car. We've heard it's supposedly called Project Titan, and that it could hit the streets by 2019. Today we learn that Apple has registered three automotive domains. Why would it do that if it isn't building a car? MacRumors reports...

McLaren Automotive in 2015 enjoyed its best year of sales in the history of McLaren-branded road cars. A total of 1,654 units were delivered to customers worldwide, which was up slightly on 2014’s previous record of 1,648 units. The continued strong demand, plus the arrival of the entry-level...

Volvo recently showed off a concept that previewed the interior of the future, a future where cars will be capable of driving themselves without any human intervention. To spend the time that normally would be spent on driving, the driver can simply sit back and watch a movie, catch up on some work...

When it comes to luxury car sales in the United States, BMW was the most popular brand in 2015. This was the fourth-straight year at the top for the blue and white roundel, though Lexus, having fully recovered from the Japanese tsunami disaster several years back, is currently second in the sales...