Ferrari has just raised $713 million USD through a bond issue to boost immediate liquidity. Unlike many automakers Ferrari has not yet felt the full impact of the coronavirus pandemic. During the first quarter of...
Subaru has reported a doubling of quarterly operating profits, a rare glimmer of hope in an industry ram-roaded off track by the Covid-19 pandemic. Subaru executives cited minimal exposure in China has reduced risk as...
Nearly three months of social distancing and shutdowns across the globe have inevitably led to dire consequences both personal and economic. The car industry is reliant on rampant consumerism to sustain a ceaseless business model....
Carlos Ghosn had been under arrest in Japan awaiting trial over serious allegations of financial misconduct during his tenure as CEO of the Renault-Nissan partnership. Ghosns’ financial misconduct was a complex operation according to Japanese...
The Wall Street Journal has revealed that BMW is accused of falsifying sales data and is being investigated by the SEC – U.S. Securities & Exchange Commission. The regulator holds primary responsibility for enforcing federal...
There is a price to pay for driving electric cars. On the one hand, emissions will drop. On the other hand, as western consumers are cocooned in a bubble of guilt-free electric car motoring another...