It would have been cheaper—financially, ethically, and socially—for Mercedes to comply with tightening emissions laws. But compliance has never been the true objective of corporate power. The modern corporation exists to extract profit, not to...

Polestar has obtained a loan of up to $600 million from its majority owner, Geely Holding, as the company faces a cash shortage amid a slowdown in global EV demand. The subordinated loan, provided through...

Luminar Technologies has filed for Chapter 11 bankruptcy protection in Texas as it seeks to sell its core LiDAR business following the loss of a key supply contract with Volvo Cars and mounting financial strain....

Aston Martin, the emblem of British automotive opulence, teeters on the edge of financial ruin, a casualty of the relentless logic of global corporate convulsions. At the helm is the world’s poorest billionaire, Lawrence Stroll...

Hans Michel Piech, 83, the aging scion of Europe’s most powerful automotive dynasty, gambled nearly €1.1 billion in 2017 to secure control over his family’s empire, buying shares from his estranged brother, Ferdinand Piech. What...

Six EU member states—Bulgaria, the Czech Republic, Hungary, Italy, Poland, and Slovakia—have called on the European Commission to relax the planned 2035 ban on internal combustion engine (ICE) vehicles. In a joint letter, they proposed allowing hybrid...