The Chinese owners of Saab, National Electric Vehicle Sweden (NEVS) has revealed it is to lay off 200 staff at its Saab production plant in Sweden. NEVS is currently facing serious cash flow issues, the...

Demand for the Ford Fiesta in Europe has slowed in the forth quarter causing the auto giant to make the decision to cut production of its subcompact car at the company’s manufacturing hub in Cologne, Germany. Production will pause for...

Group Lotus is planning to cut around 325 jobs, which accounts for a quarter of its workforce, as the company seeks to reduce operating losses. The company is undergoing an organisational restructuring phase to ensure that...

They say the bigger you are the harder you fall and they come no bigger than the soon-to-be former Chairman of Ferrari who was removed from his position by the parent company, Fiat. Luca Di...

Supercar sales in Europe are predicted to rise by 60% in 2017 according to industry trends and thats good news for the likes of YouTube wonders Shmee and Supercars of London who earn a living off...

Saab is going through a bit of a troubled patch at the moment, the company is owned by National Electric Vehicle Sweden (NEVS) a Chinese company seeking to turn around the company’s future. Only NEVS...