Ferrari has now rolled out the Roma, a record fifth new model announced this year, as the Italian luxury automaker with the famous “prancing horse” logo looks to maintain profit
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Stricter emissions rules are going to hit Daimler’s profits in 2020 and 2021, prompting the German automaker to seek over 1 billion euros ($1.1 billion) in savings from slashing staff
Certainly, there were fast, expensive cars prior to the arrival of Lamborghini in the market. But there was nothing was ever like a Lamborghini ever before. The Italian automaker’s innovations
Fiat Chrysler and Peugeot owner PSA’s vow not to shut down factories if they merge is probably to come under heavy strain as the combined group would have spare production
The United States is not going to announce tariffs on European vehicles next week, stated Jean-Claude Juncker, the outgoing president of the European Commission. U.S. President Donald Trump has until
The Volkswagen Group formally started series production of its ID.3 electric car this week, with the automaker aiming to become a world leader in the developing field of e-mobility. A
Audi will boost the production of engines at its Hungarian factory to 2.25 million units from 2020, Hungarian Foreign Minister Peter Szijjarto stated on Monday. An Audi spokesperson at the
Germany should have one million electric car charging stations by 2030, Chancellor Angela Merkel stated in a video message on Sunday, ahead of meetings with the car industry regarding the
A planned merger between Fiat Chrysler and Peugeot owner PSA is only going to benefit shareholders, two of the biggest Italian and French unions stated on Thursday, criticising a decision
Canadian auto-parts maker Magna International stated on Wednesday it would construct dual-clutch and hybrid transmissions for German automaker BMW under a multi-year contract. The products will be made at Magna’s
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