Corporate / Financial

What Car Does GM CEO Mary Barra Drive?

General Motors CEO Mary Barra said she is currently driving a GMC Hummer EV SUV.   She says it's 'a…

2 weeks ago

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…

3 weeks ago

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,…

2 months 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.…

2 months 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 months 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…

2 months 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…

3 months 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…

3 months 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…

3 months 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.…

4 months ago