Industry News
Herbert Diess, the VW CEO, is preparing to usher in deep cuts to the company’s workforce using the “change or die” mantra as he tries to guide VW out of the dark, deep fraud and...
By Brian Denton
November 8, 2021
The Aston Martin DBX caused a welcome rise in sales for the supercar maker, conversely, Aston Martin also recorded a pre-tax loss of $134M in the third quarter. Dealer orders for the Aston Martin DBX...
By Alberto Frammartino
November 5, 2021
As the latest figures reveal inflation eased slightly to 3.1% in September, data from theĀ Auto Trader marketplace shows that the average price of a used car increased 23.9% year-on-year (YoY) on a like-for-like basis last...
By Alberto Frammartino
October 24, 2021
Germany and France are the European Union. They are the two most economically powerful countries. Germany is essentially the EU’s principal banker, the Jupiter of the union by which all other member states are locked...
By Brian Denton
July 14, 2021
Start-up electric vehicle maker Lordstown Motors is in a bit of trouble with the U.S. Department of Justice. The company is under investigation over allegations of corporate corruption. Lordstown was founded in 2018. With a...
By Anthony Henson
July 8, 2021
Rimac and Porsche have confirmed they are forming a joint venture to effectively take control of Bugatti. VW Group, which owns Bugatti and Porsche will off-load the ultra-hypercar maker in the fourth quarter. The Bugatti-Rimac...
By Adam Ferraresi
July 6, 2021