Not sure what model to buy, acquiring the whole company might be the best idea Apple is in talks to acquire McLaren Technology Group, the British supercar producer, according to…
Category: Auto Industry
Skoda Expands Factory Capacity Because of High Demand for Yeti
Skoda is forced right now to import Yeti models from its plant in Russia in order to meet demand Skoda is preparing the launch of its biggest SUV ever, appropriately…
European Car Sales Are in Full Swing
New car registrations increased by almost 10% in Europe’s five big markets Registrations in Europe’s ‘Big 5’ markets saw a healthy increase of 9.3% in August, as market conditions improved…
Owning a Supercar Will Cost You an Arm and a Leg
One UK warranty company reveals just how much it costs to own a supercar WarrantyWise.co.uk has revealed the true cost of exotic car repairs, with data detailing its largest ever…
Dealers in China Are Now Making $10 for Every Premium Car Sold
The competition in China is so fierce among automakers that the dealers barely make any money At a first glance, the Chinese market is a real El Dorado for automakers,…
Hyundai Battles Profit Drops with Baffling Offensive
Hyundai fans, rejoice: lots of new models incoming! Hyundai-Motor is the world's fifth-biggest automaker, along with sister-company Kia, but it currently struggles with diminishing profits. The company posted its 10th…
Karma Will Produce 50,000 Cars per Year in China
Wanxiang Group, the new owner of Fisker Automotive, plans to open a new plant Karma Automotive, resurrected from the ashes of the Fisker brand, will produce electric cars in China….
Tesla Loses Nearly $20,000 On Every Car Produced
Tesla keeps reporting worrying losses and missing delivery targets Tesla is better at producing losses for investors than actually making cars for its customers. For every car assembled in the…
Toyota Files Patent for a Flying Car with Shapeshifting Body
Does this mean they have their heads in the clouds? You might have been expecting a move from Toyota on the EV or hybrid segment, but from where we're standing,…
UPDATE: Volkswagen to Pay US Settlement of $15 Billion Over Emissions Scandal, What About Europe?
It’s high time Volkswagen faced the music both in Europe and the United States Volkswagen has to make things right – or at least try – with almost 500,000 US…