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British sports automaker Lotus said on Tuesday it will spend over two billion pounds ($2.78 billion) in new technology and in massively expanding production of its sports car models, and
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Volkswagen’s Mexico unit is preparing production stoppages of two of its models next month because of an ongoing worldwide chip shortage crisis, the German automaker said on Monday. Volkswagen will suspend
The U.S. Supreme Court on Monday asked President Joe Biden’s administration to weigh in on whether Volkswagen AG can be sued by regional governments in Florida and Utah for damages
Volkswagen has warned managers to get ready for a bigger production hit in the second quarter compared to the first one as the global chip shortage continues. “We are being
Porsche AG is speeding up its e-mobility drive with plans for a German factory in Tuebingen for manufacturing battery cells for electric vehicles, its CEO informed Frankfurter Allgemeine Sonntagszeitung. “Battery
Renault’s sales dropped for a fifth straight quarter as the French automaker is having a hard time dealing with the crises caused by the coronavirus pandemic without a major presence
Luxury automaker Ferrari on Wednesday revealed initial details of its new supercar, the first of three new models it has promised for the upcoming months. An aggressive roll-out plan of
Stellantis said it would replace digital speedometers with more old-fashioned analogue ones in one of its Peugeot models, due to a global shortage of semiconductor chips. The change will only impact
Maserati, Stellantis’ premium automaker, revealed the hybrid version of its Levante large sports utility vehicle (SUV) on Monday, giving a new look to its range as part of a turnaround
Renault will seek to generate over 1 billion euros ($1.20 billion) in sales from the “circular economy” by turning its Flins factory outside Paris into a research, recycling and repair
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