Audi is reportedly interested in teaming up with SAIC Motor, China’s largest carmaker, in an attempt to defeat Mercedes and BMW in the world’s biggest car market, in terms of market share. According to a document posted on the China Bidding and Purchase Network website, the VW Group and SAIC Motor invited parts makers to […]
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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 […]
Read MoreNew 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 […]
Read More2020 Genesis GV80 To Have Up To 375 HP, Will Reportedly Start Under $50,000 In Korea
The Genesis GV80 is leaking like a sieve and the latest report from South Korea has detailed specifications. According to Top Rider, the model will initially be launched with a 3.0-liter diesel engine that produces 274 hp (205 kW / 278 PS) and 434 lb-ft (589 Nm) of torque. The engine will reportedly be paired […]
Read MoreBMW 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. […]
Read MoreThis GM EV1 Escaped The Crusher Only To Rot In An Atlanta Parking Garage
The story of the GM EV1 has been told so many times that almost anyone with the slightest passion for cars or technology knows all there is to know about it. The fact that GM rounded up every EV1 and crushed them also made the car a popular topic among conspiracy theorists, especially after the […]
Read MoreTEN 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, […]
Read MoreElon Musk Wins “Pedo Guy” Defamation Case Filed Against Him
A U.S. jury has concluded that Elon Musk did not defame British diver Vernon Unsworth for referring to him as a “pedo guy” in a tweet. In the wake of last year’s Thailand cave rescue, Musk hit out at Unsworth online after the diver said the entrepreneur’s presence at the rescue was simply a “PR […]
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Nissan To Halt U.S. Operations For Two Days In January
Nissan will halt its entire U.S. operation in January for two days in a bid to cut costs, Automotive News reports. In a memo sent to employees this week, Nissan North America chairman Jose Valls said the car manufacturer will remain closed on January 2 and January 3 after the New Year’s holiday with employees […]
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Aston Martin Claims It’s Not Actively Pursuing New Investors
Aston Martin says it is not actively pursuing new investors while opening its new factory at Saint Athan, Wales late last week. Shortly after it emerged that Canadian billionaire and owner of the Racing Point Formula One team, Lawrence Stroll, was reportedly behind a consortium looking to buy a stake in the British automaker, Aston […]
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