Peugeot maker PSA Group posted a higher-than-expected rise in 2019 revenue on Wednesday, although the volumes of cars sold declined,…
Category: Autos
Coronavirus: Jaguar Land Rover ‘shipping parts in suitcases’
Jaguar Land Rover has flown in parts in suitcases as the effects of coronavirus take a…
Bill Gates bought himself a Porsche over a Tesla — and Elon Musk just called him ‘underwhelming’
Elon Musk isn’t impressed with fellow billionaire entrepreneur Bill Gates. Read more at https://www.cnbc.com/2020/02/18/elon-musk-calls-bill-gates-underwhelming-for-buying-porsche-over-tesla.html
GM resurrecting Hummer as an all-electric ‘super truck’ with 1,000 horsepower
DETROIT – General Motors is resurrecting the Hummer, best known as a gas-guzzling, military-style SUV, as an all-electric…
Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push – sources
HONG KONG/BEIJING (Reuters) – Volkswagen AG (VOWG_p.DE) is set to take a 20% stake in Chinese…
Tesla stock closes at an all-time high over $524
Tesla stock continued to rally on Monday, rising nearly 10% on the day and closing at an…
Rolls Royce’s $400,000 SUV helps luxury carmaker set new sales record for 2019
Rolls-Royce had its best year ever in 2019, driven in large part by its three-ton SUV…
China could be the ‘swing factor’ for Tesla’s stock as first Model 3 cars roll out to Chinese consumers
Tesla will begin delivering its Model 3 cars made at its Shanghai factory to Chinese consumers on Tuesday amid…
Volkswagen takes one-two punch in Australia with fine, regulatory proceedings
(Reuters) – Volkswagen AG (VOWG_p.DE) took two raps in Australia on Friday as a federal court…
Honda’s Hachigo seizes the wheel as quality crisis hits profits
UTSUNOMIYA, Japan (Reuters) – At a two-day gathering for Honda’s suppliers in March, Chief Executive Takahiro…
Connected car prices may rise if Qualcomm wins antitrust case: automakers
(Reuters) – The cost of cars equipped with ultra-fast 5G wireless technology is likely to go…
Karma Automotive unveils 1,100-horsepower EV concept car that goes from 0 to 60 in 1.9 seconds
LOS ANGELES — Southern California-based startup Karma Automotive on Tuesday unveiled a sleek new all-electric concept…