Corporate / Financial

Swedish Supercar Builder Going Public?

Koenigsegg is worth an estimated $1 billion as of 2024. Investment bankers have been spotted visiting the factory in Ängelholm,…

3 days ago

Alpine Sports Car: Coming To America?

Alpine may bring its A110 sports car to America first. The A110 is reportedly undergoing crash testing in the US.…

1 week ago

Chrysler Has A New Boss

Chrysler Chris Feuell is stepping away for personal reasons. She's led the company since 2021. Dodge CEO Matt McAlear will…

2 weeks ago

Stellantis EVs: Did The Company Fail?

Stellantis bet on the wrong approach to the EV transition; it misread demand, and it cost billions. The automaker is…

3 weeks ago

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…

4 weeks ago

Ferrari Workers Pocket $18,000 Bonuses Thanks To 2025 Success

Ferrari's net revenue rose by seven percent to €7.1 billion last year. The yearly competitive award for employees in Italy is…

1 month ago

Volkswagen Group Eyes ‘Massive’ Cost Cuts: Report

The VW Group is looking to slash costs by 20 percent by the end of 2028. Plant closures could be…

1 month ago

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.…

3 months ago

Ford Says Half Its Lineup Will Be Electrified by 2030: 'This Is a Customer-Driven Shift'

Customers want choice, and Ford needs to follow the money. Source link

3 months ago

US Luxury Car Market Will Nearly Double to $215 Billion by 2035

An exclusive new study led by Boston Consulting Group with duPont Registry Group projects that the US luxury and exotic…

3 months ago