What happens when Lotus culls the Elise, Exige and Evora at the same time and replaces it with just one model, the Emira? Low sales. Well, hold on, not exactly. Replacing the old models with...

In a surprising turn of events, Audi executives are reportedly considering seeking assistance from Chinese manufacturers for electric platforms. This development suggests a significant shift in strategy and raises questions about Volkswagen’s commitment to embracing...

Volkswagen is facing trouble with its electric vehicle strategy for the European market. Indeed, Volkswagen recently announced a two-week pause in EV production, citing lower than anticipated demand. A two-week pause effectively means production cuts....

Lotus has relaunched in South Korea and signed an new partnership with the country’s most recognized luxury and premium automotive retailer Kolon Mobility Group (KMG). KMG has become the official importer and sole distributor of...

Ford has made a significant strategic shift by abandoning its plans to establish a supercharging network to compete with Tesla. Instead, the company has decided to embrace a more pragmatic approach, recognizing that if they...

Aston Martin, the struggling luxury sports car maker, has sold a portion of its shares to Geely Automotive in an effort to address its financial difficulties and improve liquidity. The banking industry has long viewed...