Porsche: Sells Bugatti Rimac Stake
Porsche will divest from Bugatti Rimac and Rimac Group. It is selling its stake in both companies to a New York-based consortium. Porsche and Rimac Group established Bugatti Rimac in…
Volkswagen Group Struggles: Must Cut Production Capacity
Volkswagen Group has to cut production capacity by a million units. It will focus on reducing capacity in Europe and China. The company is facing numerous challenges, including tariffs, competition,…
Way Up Thanks To Fleet Buyers!
Ineos sales are up 20% in Q1, year over year. The increase is mostly driven by fleet sales. Fleet customers include the Kenyan Red Cross, European police and fire agencies,…
Stellantis Expects Annual Loss: €22B EV Hit
Stellantis could report an annual operating loss for the first time. The automaker is taking a massive hit as it scales back its electric vehicle operations. Stellantis CEO Antonio Filosa…
Stellantis Dealers Take Aim At Old Management
The head of Stellantis’ National Dealer Council speaks his mind about the former management with Carlos Tavares as CEO. Dealers claim Tavares was too focused on cost-cutting measures. Antonio Filosa…
This Hybrid Limousine Concept Is Fit For A Bond Villain
Italian design firm Aznom designed a concept called. The concept is over 26.0 feet long. It feautres a four-motor powertrain with over 1,000 horsepower. In the future, VIPs, CEOs, and…
Ford Employee Who Heckled Trump Gets UAW Support: ‘Freedom Of Speech’
President Trump was heckled during a Ford factory tour in Dearborn, Michigan. A Ford employee called him a ‘pedophile protector.’ Trump responded by flipping the employee off. During a recent…
SEMA Is Fighting To Save America’s Local Race Tracks
Small tracks face closure from ‘nuisance’ complaints and redevelopment. SEMA is using its PAC and lobbyists to push protective legislation. Anti-nuisance laws would shield tracks that existed before nearby residents.…
We Actually Got a Chinese Rotary Engine Before GTA VI
Changan is developing a new rotary engine called the R05E. The new engine will be used specifically for the ‘low-altitude economy.’ It makes 71 horsepower and revs to 6,500 rpm.…
The EU Is Officially Dropping Its 2035 Combustion Engine Ban
Under the European Union’s (EU) proposed plan, new combustion engines would have effectively been banned after 2035. But with EV enthusiasm cooling and more automakers reinvesting in combustion technology, the…