Industry

Bob Lutz has never been shy about speaking his mind, and now he has something to say about Tesla Motors [NSDQ:TSLA] that's likely to start some heated conversations. Despite the praise its products have received from the media and customers, the former auto industry executive thinks the Silicon...

Ferrari’s [NYSE:RACE] listing on the New York Stock Exchange on October 21st went off without a hitch, with the company’s share price opening at $53 and almost immediately rising to $55. Since then, the initial euphoria has worn off, with the share price closing yesterday at $51.87. And...

After briefly leading the industry in global vehicle sales this summer, Volkswagen has now lost the crown to perennial leader Toyota which looks set to remain the world’s largest automaker by sales—and likely profits, too—in 2015. Toyota said it sold 7.49 million vehicles through...

As an auto enthusiast, it’s easy to be tempted by deals for OEM-style wheels that cost a fraction what the dealer or authorized reseller may be asking. But there are often good reasons why you should consider paying the premium for genuine wheels, as highlighted in this video from...

Lexus has been talking about starting production in the United States for years, and this week it finally happened. The first Lexus to be built on local soil was a 2016 ES 350. It rolled off the line at a plant in Georgetown, Kentucky, Toyota Motor Manufacturing, Toyota’s first plant in the...

Fresh from securing a deal with state-owned Chinese automaker Dongfeng to help stave off bankruptcy, Saab’s struggling parent company National Electric Vehicle Sweden (NEVS) has now announced a new partnership with the government of Turkey. Tübitak, Turkey’s science and research...

In compliance with regulators in Europe, namely Germany’s Federal Motor Transport Authority, the Volkswagen Group will recall approximately 8.5 million vehicles across 28 European nations due to the ‘defeat device’ software used on the vehicles to fool emissions testing equipment...

Aston Martin, under the stewardship of former Nissan exec Andy Palmer, is in the midst of a turnaround plan that will hopefully see the automaker become financially stable for the first time in its century-long history. The plan includes new platforms and technology as well as the development of...

Former Skoda CEO Winfried Vahland, who was just announced as the CEO of the Volkswagen Group's new North American Region, has stepped down, the company confirmed this morning. Vahland held the position for just over two weeks, and no successor has been announced. Martin Horn, President and CEO of...

Porsche Cars North America has a new chief following the reshuffle of senior managers at many Volkswagen Group brands as a result of the automaker’s diesel emissions scandal. The new chief is Klaus Zellmer, who takes over from Detlev von Platen on November 1, 2015. ALSO SEE: VW Doubles Down...

It was one year ago that Ferrari parent company Fiat Chrysler Automobiles [NYSE:FCAU] announced that the storied Italian supercar manufacturer and race team would be spun off and its shares listed on the New York Stock Exchange via an initial public offering. Since then, it’s been revealed...

Advancements in the development of fully autonomous cars are accelerating at a rapid pace, but while the technology may be ready in the not too distant future it’s uncertain whether the regulatory and legal framework will have enough time to catch up. Based on independent statistics, over 90...

The Volkswagen Group is expected to start recalling its diesel cars fitted with the ‘defeat device’ software designed to fool emissions testers most likely by January, 2016. Around 11 million vehicles are thought to be part of the recall, most of them in Europe, and the brands affected...

Sports car manufacturer Porsche from today will be led by Oliver Blume. The 47-year-old was previously in charge of production and logistics and was promoted to the top job following last week’s announcement that Matthias Müller, Blume’s predecessor, is to lead the Volkswagen Group...

Automotive safety systems giant Autoliv has joined Volvo in the Swedish automaker’s Drive Me autonomous car research project. The two companies will share their findings in order to accelerate efforts to get the active safety systems fundamental to autonomous driving into production. ALSO...

The Volkswagen Group will recall 11 million TDI diesel cars to fix 'defeat device' software which deliberately misleads emissions equipment, Reuters is reporting. The move is expected to cost at least $6.5 billion. Yesterday, it was revealed automotive supplier Bosch knew about the defeat device in...

According to multiple German-language media outlets, automotive parts supplier Bosch knew about the Volkswagen Group's 'defeat device' software as early as 2007. Details come from Bild am Sonntag, which first reported that Bosch designed the software to be used in testing applications, and that it...

The Volkswagen Group's dirty diesel scandal continues to expand. In the wake of the company's bombshell admission that it used a software-based "defeat device" to fool emissions testing on its TDI diesels, we've seen the resignation of CEO Martin Winterkorn and a corporate restructuring. Now news...

A total of 54 of the possible 57 member journalists from the United States and Canada have chosen the "Short List" of finalists for the 2016 North American Car and Truck/Utility of the Year awards. Each juror voted for as many as 15 cars in each of the two categories. The NACTOY awards, as they are...

This past week, Tesla Motors [NSDQ:TSLA] CEO and founder Elon Musk has been in Europe where he helped inaugurate a final assembly plant for the Model S in the Dutch city of Tilburg and presented at a business council meeting in Germany alongside Sigmar Gabriel, the German Minister of Economy &...