Industry
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Audi is shaping up to be the latest automaker to backtrack on plans to go all-in on EVs.
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GM taps Nvidia AI chips for automated cars, factoriesGM has partnered with Nvidia to integrate AI into everything from vehicle development and manufacturing to self-driving cars.
Viknesh Vijayenthiran -
Ferrari CEO says 40% of new customers are under 40The average age of a Ferrari customer is decreasing, and the trend may continue with the launch of an EV later this year.
Viknesh Vijayenthiran -
Audi, Porsche to cut thousands of jobs by 2029Audi and Porsche are cutting jobs amid slowing sales and looming U.S. tariffs.
Viknesh Vijayenthiran -
Cupra still eyes US launch despite tariff threatCupra remains on track to launch in the U.S. by 2030.
Viknesh Vijayenthiran -
Lotus self-driving system used for robotaxis in ChinaLotus has teamed up with fellow Geely-backed company Cao Cao to deploy robotaxis in China.
Viknesh Vijayenthiran -
Nissan's new CEO was previously in charge of product planning and has backed the idea of a modern Silvia sports car.
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Polestar secures additional $450M of fundingEV startup Polestar has secured crucial funding as it prepares to ramp up production and launch new models.
Viknesh Vijayenthiran -
Aston Martin sheds 5% of staff as losses riseAston Martin is bleeding cash but its CEO expects a turnaround in 2025.
Viknesh Vijayenthiran -
AC Cobra GT to be built at former Saab siteT-engineering, a company founded by ex-Saab engineers, will help build AC's Cobra GT.
Viknesh Vijayenthiran -
Mini delays plan to build electric Cooper, Aceman at UK plantMini has delayed plans to start production of its electric Cooper and Aceman models at its Oxford plant in the U.K. in 2026.
Viknesh Vijayenthiran -
Gordon Murray working on “ultra-lightweight” chassisGordon Murray Group is leading a consortium working on a lightweight monocoque chassis for use by late 2027.
Viknesh Vijayenthiran -
A self-driving car is not for sale, yet, but automakers continue to roll out more advanced hands-free driving systems evolving from Level 0 to Level 5 on the SAE spectrum of autonomous driving.
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Electric truck startup Nikola files for bankruptcy protectionNikola filed for bankruptcy protection after failing to secure the necessary capital to sustain its operations and continue selling its electric and hydrogen trucks.
Viknesh Vijayenthiran -
Nissan plans layoffs, plant closures in bid to save itselfNissan plans to reduce its production capacity by 20%, resulting in thousands of job cuts.
Viknesh Vijayenthiran -
Ram might bring back the hood ornamentThe hood ornament may return to Stellantis pickup trucks.
Stephen Edelstein -
Honda, Nissan cancel proposed mergerHonda and Nissan will no longer merge but are still open to collaborating on software and electrification.
Viknesh Vijayenthiran -
Foxconn confirms interest in acquiring Nissan stakeShould a merger with Honda fail, Nissan may forge a deal with Foxconn.
Viknesh Vijayenthiran -
A quiet mobile service pilot program at Stellantis might expand nationwide in 2025 to be more convenient for customers while simultaneously freeing up space at dealerships.
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BMW R&D boss: V-8s are here to stayBMW has no plans of replacing the V-8 with smaller electrified engines, as customers dig its “smoothness, sound, and feeling.”
Viknesh Vijayenthiran -
GM retired a Chevy Corvette manager with almost four decades at the companyHarlan Charles has been dropped from the Corvette team after 24 years.
Viknesh Vijayenthiran -
Porsche aims for profits with new gas and plug-in hybrid carsSlowing growth in EVs means Porsche now wants to develop new gas and plug-in hybrid models.
Viknesh Vijayenthiran -
Over half the Ferraris sold in 2024 were hybridsFerrari delivered a record number of cars in 2024, and most of them were hybrids.
Viknesh Vijayenthiran -
Jeep has three new models and powertrains comingJeep execs say fresh metal and powertrains are coming, but what exactly those models and powertrains are is a bit murky.
Stephen Edelstein