Tag: Reports

GM Loans $40 Million To EV Truck Maker That Bought It’s Ohio Factory

It has been revealed that General Motors will provide $40 million in financing to Lordstown Motors Corp, the company which recently agreed to takeover GM’s Lordstown Complex. Legal documents filed late last week reveal that GM has made the $40 million loan available to help Lordstown Motors buy the facility and start building its planned […]

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New Corvette Coming To Australia In 2021 In Z51 Guise And Without Chevrolet Branding

The mid-engined Chevrolet Corvette will reportedly land in Australia in 2021 equipped with the Z51 package and without any Chevrolet branding or marketing behind it. At the global reveal of the new ‘Vette back in July, Chevrolet announced that it will be produced in right-hand drive guise and sold in market where previous-generation models haven’t […]

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BMW And Hyundai Targeted By Hackers Attempting To Steal Trade Secrets

It appears BMW’s agreement with Vietnam’s VinFast has made the company a target of hackers attempting to steal trade secrets. According to Bayerischer Rundfunk, a hacker group known as OceanLotus targeted BMW this spring. As part of the operation, hackers installed a tool called Cobalt Strike and then used it to attempt to gather confidential information. […]

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TEN Publishing Shutting Down 19 Of Its Print Car Magazines, Including Automobile And More

TEN Publishing has announced that it will end print operations for 19 of its 22 magazine titles next year. The media company, previously known as The Enthusiast Network, operates some of the industry’s leading automotive magazines. Among those being axed are 4-Wheel & Off-Road, Automobile, Car Craft, Classic Trucks, Mopar Muscle, Mustang Monthly, Super Chevy, […]

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