Jean-Marc Gales was forced to cut costs in a bid to achieve his goal of making Lotus profitable when he became CEO just over two years ago.
Karma Automotive, the Chinese-owned carmaker once known as Fisker Automotive, has taken another step in its resurrection with the online reveal of a plug-in hybrid sedan that seeks to compete with Tesla's Model S electric car.
The State of Michigan may have a ban on direct sales of Tesla vehicles, but the Michigan Department of Treasury has 339,623 shares worth $72 million invested for state retirement funds in Tesla Motors stock, according to a published report.
Subaru plans to launch an all-wheel drive electric vehicle in the U.S. by 2021 to meet more stringent emissions regulations, a Japanese newspaper reported.
Mercedes-Benz released a sneak preview of a new ultra-luxury Maybach coupe in a sign that Daimler is continuing its push upmarket to turn up the heat on BMW, which owns the Rolls-Royce brand.
Tens of millions of vehicles sold by Volkswagen AG over the past 20 years are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, according to European researchers.
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11 Aug, 2016
Advertising Standards Authority claimed that the Audi R8 advert linked speed with excitement, going against motoring commercial regulations
Lawyers representing plaintiffs in a $10 billion settlement over claims that Volkswagen outfitted vehicles with software to cheat on emissions testing said they will seek up to $332.
Hillary Clinton cast a distinct tone from her Republican rival for president, highlighting Detroit's post-bankruptcy momentum and painting herself as the candidate of income fairness and middle-class workers.
SAIC says it will transform itself from a traditional provider of automobiles to a full service operation as the landscape of the Chinese car industry evolves.
A Ford employee was shot and killed this morning in the parking lot outside the Kansas City Assembly Plant, which makes the F-150 pickup and Transit van. The shooting occurred around 4:07 a.m.
Unifor opened talks on new labor contracts with Ford and Fiat Chrysler, kicking off a round of negotiations the union has framed as critical to the future of auto manufacturing in Canada.
The value of automotive supplier consolidation deals continues to soar according to Bloomberg data.
Schaeffler's second-quarter profit rose 14 percent helped by growing demand for its auto components and cost savings at its industrial division.
Sumitomo Corp. will reportedly start selling fuel cells for commercial vehicles through a partnership with California-based manufacturer US Hybrid, according to a report.
Saipa says it has established a special division specifically to examine exporting Iranian parts as the positive fall-out from Tehran's readmission to the international business community gathers pace.
Hyundai has shown teaser pics of the next generation Hyundai i30 ahead of the model's world premiere next month.
Mercedes-Benz sales through July rose at more than twice the pace of arch-rival BMW's, keeping it on course to reclaim the global luxury vehicle lead this year thanks to a sportier lineup and a new crop of SUVs.
Schaeffler has published a set of financial results and says it continues to grow profitably. The privately held company generated EUR6.7bn (US$7.480bn) in revenue in the first six months of 2016
The 65th Pebble Beach Concours d'Elegance and associated events took place on California's Monterey Peninsula between 16 and 21 August. The following is a list of concept and new model world premieres.