Fisker Looking for Mainstream Automaker to Share Technology With
11 Dec 2012, 09:26 UTC · By: Andrei Nedelea / Fisker is currently not building any cars, due to a shortage of battery packs, caused by the bankruptcy and the sale of their sole supplier, A123 Systems, which was taken over by Wanxiang, from Chin...
Wanxiang’s Winning Bid for A123 Causes Concern for US Congress
10 Dec 2012, 15:24 UTC · By: Andrei Nedelea / It is now official. After months in in which everybody was sure that what was left of bankrupt US battery maker A123 Systems Inc. would go to Johnson Controls, Chinese company Wanxiang has stepped i...
Opel Ampera a Firm Favourite With European Fleets
10 Dec 2012, 13:29 UTC · By: Andrei Nedelea / The Opel Ampera range-extender hybrid is a unique offering on the European market, today, and apparently it’s not only private buyers who are appreciating it, but fleets as well. Opel’s ...
Opel Announces Bochum Plant Will Close in 2016
10 Dec 2012, 12:44 UTC · By: Mihnea Radu / If you’re one of the 3000 or so workers who work for Opel at the Bochum car factory in Germany, this is probably the worse day on record. The European subsidiary of General Motors has made an ...
Tesla Investigated for Using Foreign Instead of US-Made Parts
7 Dec 2012, 15:10 UTC · By: Andrei Nedelea / Just days after announcing that the company had finally stopped losing money, last week, we have now learned that Tesla Motors has the subject of an ongoing investigation by federal authorities, who...
Auction of A123 Systems Begins With Four Contenders
7 Dec 2012, 14:27 UTC · By: Andrei Nedelea / American battery manufacturer A123 Systems, the company which, among other things, makes the battery pack for the Fisker Karma, went bust last month. Now, several companies have offered to step in a...
Investindustrial Now Officially Owns 37.5% of Aston Martin
7 Dec 2012, 12:28 UTC · By: Andrei Nedelea / It is now official. Aston Martin has sold a 37.5% stake of the company to the Italian private equity firm Investindustrial, for £150- (€185- / $240-) million. The Italians beat the Indian...
Indian TVS Motors Wants BMW Engines
7 Dec 2012, 11:20 UTC · By: Florin Tibu / After BMW started selling bikes in India back in 2010, it looks like the local motorcycle manufacturers have become more interested in German technology. Or at least TVS Motors did so, since one of ...
Former Ducati Owners May Buy Aston Martin After All
7 Dec 2012, 09:52 UTC · By: Andrei Nedelea / Despite having reported that Mahindra & Mahindra, as well as Geely were interested in buying Aston Martin, it seems that the third company, the one we had heard less about is actually closest to...
Caterham Plans Massive Expansion by 2020
7 Dec 2012, 08:24 UTC · By: Andrei Nedelea / Caterham is a small automaker, specializing in racing technology, and the incremental improvement of their Seven. However, that is all about to change, according to autocar.co.uk, as the UK-based br...
Tesla Motors Reports Positive Cash Flow for Last Week
6 Dec 2012, 16:56 UTC · By: Andrei Nedelea / Having faced numerous setbacks in the last few months, Tesla has had to reduce the expected production output of the Model S, for the rest of the year, and increase the price of each car by $2,500, ...
Geely Also Interested in Buying Aston Martin
6 Dec 2012, 16:41 UTC · By: Andrei Nedelea / It seems that the story of the sale of Aston Martin is far from over, and after previously announcing that the Indian company, Mahindra & Mahindra, was close to finalizing the deal, it seems the...
In Spite of Poor European Economic Situation, Volvo Stays in Sweden
5 Dec 2012, 11:00 UTC · By: Andrei Nedelea / The European automotive sector, and the financial situation generally speaking have definitely seen better days, and the major automakers have had to make production and staff cuts, in order to prev...
Porsche Macan To Receive Wilder Look Following Range Rover Evoque's Success
3 Dec 2012, 17:12 UTC · By: Andrei Tutu / Porsche has decided to gift its upcoming Macan SUV with more visual personality, with the carmaker reevaluating the design of the car after analyzing the success of the Range Rover Evoque. Michae...
Lamborghini Urus SUV Won't Arrive until 2017
3 Dec 2012, 14:21 UTC · By: Andrei Tutu / Lamborghini returned to SUV land earlier this year, when the carmaker presented the Urus concept car at the the Beijing Motor Show, but it seems that the production version of the car won’t ma...
Mazda CX-5 Gets Japan Car of the Year Award, GT 86 / BRZ Follow
30 Nov 2012, 10:34 UTC · By: Andrei Tutu / The Mazda CX-5 has received the Japan Car of the Year (JCOTY) award, with a ceremony being held recently inside Zepp Diver City in Tokyo Bay. The crossover was followed by the Toyota GT 86/Subaru BR...
Chinese Company Wanxiang Gets Approval to Buy A123 Systems
30 Nov 2012, 09:49 UTC · By: Andrei Nedelea / Fisker has paused production of their Karma, which is currently being made at the Valmet factory, in Finland, due to the fact that they are close to running out of the huge lithium-ion battery packs...
Volkswagen Eos to Be Axed
29 Nov 2012, 12:52 UTC · By: Andrei Tutu / Volkswagen’s ways of achieving its target to become the world’s No. One carmaker obviously also include the killing of certain models and it seems that the Eos will be one of them. VW...
Lexus Stops Production of European-spec IS
28 Nov 2012, 19:39 UTC · By: Andrei Tutu / Lexus has recently announced that it has ceased production of the Euro-spec IS. The end of the year will see new crash safety legislation come into effect and the automaker has decided not to upgrad...
Jaguar and Land Rover to Share US Dealerships
28 Nov 2012, 19:11 UTC · By: Andrei Tutu / Jaguar and Land Rover’s North American division plans to share dealerships for the two brands, as part of a bigger plan to strengthen its operations. Land Rover North America President Andy Go...