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Lotus Faces Financial Struggles Amid Layoffs and Shifting Market Demand for High-End EVs – Laid Off 200 People
Lotus Cars is grappling with financial challenges despite a rise in sales, reporting a net loss of $202 million in...
Jaguar’s Radical Transformation: A Luxury Brand Without Cars Until 2026
Jaguar is about to pull off one of the boldest moves in automotive history—going dark on production while it waits...
Even Porsche Feels the Electric Shock: Luxury Car Giant Struggles as EV Demand Declines
"Even the rich cry." It’s an expression that reminds us no one is immune to hard times, and right now,...
Tesla offers charging with the purchase of the Model Y.
Elon Musk's brand, Tesla, continues its fight for dominance in the electric vehicle market, and has now decided to launch...
“Octavia Break RS elected the best model in the medium-sized car category in Germany.”
The Skoda Octavia Break RS has been awarded the "Golden Steering Wheel 2024" in the medium-sized car category.The selection process...
The Rivian R2 will use a new generation of batteries from LG.
LG Energy Solution has announced that it will supply cylindrical battery cells to be used in the new Rivian R2....
Toyota’s Bold 2030 Vision: 2.5 Million Vehicles in China to Reclaim Market Share from BYD
Toyota is setting its sights on a bold expansion in China, aiming to produce at least 2.5 million vehicles annually...
Kia Gears Up for a Bold New Era with the Next-Gen Telluride: Hybrid Power, New Design, and the Same Versatile Soul
Kia is back to its SUV roots, and it’s not holding back. Just after the debut of its first-ever pickup...
Jaguar Land Rover Takes a Hit: Quarterly Profits Plunge 10% Amid Global Supply Chain Chaos – Iconic Automaker Battles Semiconductor Shortages and Production Slowdowns
Jaguar Land Rover (JLR) is feeling the sting of the global supply chain crisis, reporting a sharp 10% drop in...
Trump’s Victory Spells Trouble for German Automakers – BMW, Mercedes, and VW Brace for ‘Storm’ as Tariff Threat Looms Over Global Car Market
In the aftermath of Donald Trump’s shocking election victory, German automakers are preparing for what industry analysts describe as a...
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