Production and Revenue Gap Is Exactly This Big Between Lucid and Tesla
23 Feb 2023, 16:54 UTC · By: Daniel Patrascu / Electric car maker Lucid released all the financial and production details from 2022. The numbers are encouraging, but still far from leader Tesla
Here Are the World's Richest Automakers, Tesla Isn't in the Top 10
30 Sep 2022, 19:08 UTC · By: Florin Amariei / New research shows us which car brands make the most money. This isn’t about whose stock is the greatest, but it shows us who rakes in all the cash
General Motors Plans to Double Its Revenue and Improve Margins by 2030
7 Oct 2021, 08:12 UTC · By: Stephen Rivers / General Motors says that it believes it can double revenues while at the same time improving margin with more electric vehicles by 2030.
Todt Vs Ecclestone Dispute Is Over Money
5 Apr 2011, 09:44 UTC · By: Ovidiu Panzariu / Jean Todt and Bernie Ecclestone's outspoken dispute might have to do with a little bit more than just the latter's disagreement over the FIA's green path for the future of Formula 1. ...
Renault Boosts Revenues for H1 2010
30 Jul 2010, 14:25 UTC · By: Daniel Patrascu / Performing in line with most of the automotive players this year, French manufacturer Renault posted a 23.1 percent increase in revenue for the first six months of 2010, meaning a total of EUR19,67 ...
GM, Back to Profit in Q1
17 May 2010, 13:34 UTC · By: Daniel Patrascu / And the numbers are in... After nearly a two year drought since posting its last profit, last year's bankrupt GM posted today its financial results for the first quarter of the year, with the n...
F1 Teams Turn Down More Money from Ecclestone
17 Nov 2009, 09:14 UTC · By: Ovidiu Panzariu / Worried about the fact that many manufacturers chose to leave the Formula One championship in recent years – Honda, BMW and Toyota – Bernie Ecclestone made one strong attempt to bind the...
Azure Posts Q3 Financial Results
13 Nov 2009, 08:55 UTC · By: Daniel Patrascu / Although it is not our habit to bring to your attention financial results of non-mainstream automotive industry manufacturers, we decided to start doing so and we chose Azure Dynamics as the startin...
Tesla Back to Profit
11 Aug 2009, 10:36 UTC · By: Bogdan Popa / At least this is what company officials are claiming as we haven't seen Tesla's books. Nevertheless, Tesla is again profitable, with strong sales in July bringing $20 million in revenue. T...
BorgWarner Post $32M Q2 Net Loss
31 Jul 2009, 11:00 UTC · By: Daniel Patrascu / Automotive supplier BorgWarner posted yesterday its financial result for the second quarter of the year, showing a $32 million net loss, worse than analysts expected. In addition, the company also p...
Finnish Millionaire Fined 111,888 Euros for Speeding
10 Mar 2009, 09:43 UTC · By: Madalina Iancu / How would it be like to pay speeding tickets according to your revenue per day? Those who earn less would pay cheaper fines, while millionaires would have to pay big bucks for their mistakes. As...