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Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs

Mon, 10/28/2024 - 11:30

Volkswagen is under intense pressure to cut costs. — Volkswagen issued its second profit warning in three months in September.
Sean Gallup/Getty Images

Transportation, Volkswagen, Germany, trending-uk, EVs, automotives

Hyundai is accused of falsely inflating EV sales in the US to appease its South Korean owners

Thu, 07/11/2024 - 12:35

A Hyundai Ioniq 6 electric car. — Hyundai has reported booming EV sales in recent months, including record sales of the Ioniq 6 in May.
John Keeble/Getty Images

Transportation, trending-uk, Hyundai, EVs, automotives

Fisker founder cuts salary to $1 to cover bankruptcy costs

Wed, 07/10/2024 - 07:08

Fisker warned staff they might be laid off if efforts to course correct are unsuccessful. — Henrik Fisker is the founder of EV startup Fisker, which filed for bankruptcy in June.
Michael Tullberg

Transportation, trending-uk, Fisker, automotives, EVs

A police stop, a free hat, and a letter to GM's boss — here's the story of Warren Buffett's Cadillac upgrade

Sun, 03/31/2024 - 05:03

Warren Buffett — Warren Buffett.
Scott Olson / Getty Images

finance, trending-uk, finance, warren-buffett, berkshire-hathaway, Cadillac, GM

I was shocked by all the tiny vehicles I saw in Japan. Here are my top 16 'Kei' vehicles.

Tue, 01/16/2024 - 12:08

A Diahatsu Canbus — A Diahatsu Canbus "kei" car in Kyoto, Japan
Alistair Barr/Insider

Transportation, automotives, Autos, cars, Trucks, SUVs, kei-car

Elon Musk beat the odds with Tesla by building hype then converting it into cash, legendary investor Jeremy Grantham says

Tue, 09/26/2023 - 08:37

elon musk — Elon Musk.
Rashid Umar Abbasi / Reuters

Markets, mi-exclusive, Markets, Stocks, tesla, elon-musk, jeremy-grantham

GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says

Tue, 09/19/2023 - 08:55

Elon Musk — Elon Musk.
Patrick Pleul/Pool/AFP via Getty Images

Markets, mi-exclusive, Markets, Stocks, nikola-corp, tesla, steve-girsky

Ferrari doesn't care about autonomous vehicles, CEO says

Tue, 05/09/2023 - 06:58

Ferrari CEO Benedetto Vigna at the Ferrari Challenge World Finals at the Autodromo Enzo and Dino Ferrari in Imola, Italy. — Benedetto Vigna became CEO of Ferrari in September, 2021.
Giorgio Panacci/LiveMedia/NurPhoto via Getty Images

Transportation, News, Weekend BI UK News, Benedetto Vigna, ferrari, Ferrari World, Electric Vehicles

Elon Musk spoke about crystal balls, bank lending, self-driving cars and lithium refineries this week. Here are his 10 best quotes from Tesla's Q1 earnings call.

Sat, 04/22/2023 - 06:30

Elon Musk — Elon Musk.
REUTERS/Mike Blake

Markets, MI Exclusive, Stocks, Elon Musk, tesla, twitter, spacex

Matte car colors in muted earth tones are suddenly taking over — but the trendy paints come at a cost

Sat, 03/18/2023 - 05:00

Rivian Earth Tones — Rivian launched its "Earth Tones" palette in 2022, inspired by "greens from Pacific Northwest forests" and "reds and oranges from Colorado hills and canyons."
Rivian

Transportation, cars, Rivian, Jaguar, Jeep, automotives

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