Polestar (Nasdaq: PSNY) is expanding its contract manufacturing footprint to Europe through a new memorandum of understanding with Volvo Cars. The two companies plan to manufacture the upcoming Polestar 7, a premium compact SUV set...

Chinese automaker Geely has announced the launch of its namesake brand in the UK, with its first model — the electric EX5 SUV — set to go on sale in the fourth quarter of this...

Nissan Motor Co., once a symbol of post-war industrial resurgence, now clutches at financial straws as it spirals deeper into crisis. In a revealing display of corporate desperation, the automaker has quietly urged suppliers across...

Ferrari has postponed the launch of its second fully electric vehicle (EV) from 2026 to at least 2028, signalling a strategic recalibration in response to weak customer demand. The decision reflects both current market dynamics...

Renault CEO Luca de Meo will step down on July 15, 2025, ending a five-year tenure that leaves behind unresolved questions about the automaker’s long-term direction and its uneasy alliance with Nissan. De Meo’s tenure...

Polestar’s decision to expand in France, despite broader market headwinds, reveals a strategic pivot from global ambition to targeted profitability. With expansion into the U.S. and China proving less fruitful, Polestar is leaning into Europe,...