WSJ: Tesla to close California office
WSJ: Tesla to close California office
  • June 29, 2022

US electric car maker Tesla is closing one of its California offices, laying off about 200 employees, The Wall Street Journal reported, citing sources. The company is closing its San Mateo office to cut costs, and more than half of its staff have...

Founder of hypercar manufacturer Koenigsegg puts Toyota's GR Yaris up for sale
Founder of hypercar manufacturer Koenigsegg puts Toyota's GR Yaris up for sale
  • June 25, 2022

Founded by Swede Christian von Koenigsegg, the Koenigsegg brand is famous for its incredibly powerful and ultra-expensive hypercars which are limited editions and available only to the most affluent car fans. At the same time Koenigsegg's...

Toyota recalls 2,700 of its first production electric cars due to risk of wheel detachment
Toyota recalls 2,700 of its first production electric cars due to risk of wheel detachment
  • June 23, 2022

Toyota said on Thursday it was recalling 2,700 of its first production electric cars for the global market because of the risk of wheel disconnection, Reuters reported. The world's largest automaker by sales filed a recall notice for the bZ4X...

Peugeot officially unveils new generation of 408
Peugeot officially unveils new generation of 408
  • June 22, 2022

Peugeot has presented a new generation of the 408, the press service of the brand reported. The car has a fundamentally new design and now does not look like a sedan like its predecessors but like a cross-coupe, although Peugeot calls this body a...

Dutch company Lightyear to create world's first mass-produced car equipped with solar panels
Dutch company Lightyear to create world's first mass-produced car equipped with solar panels
  • June 18, 2022

Dutch company Lightyear has announced that it will begin production of the world's first mass-produced car equipped with solar panels this fall, CNN reports. The Lightyear 0 will have curved solar panels on the roof, hood and trunk that recharge...

World's most powerful Corvette C8 constructed in USA
World's most powerful Corvette C8 constructed in USA
  • May 29, 2022

Two years have passed since the premiere of the Chevrolet Corvette C8, which was the first mid-engine supercar in the model's history. The factory flagship version at the moment is a 670-horsepower version of the Corvette Z06, and the work of...

Aston Martin restores world's only Bulldog concept car
Aston Martin restores world's only Bulldog concept car
  • May 28, 2022

As part of the Concorso D'Eleganza at Ville D' Este 2022 automotive elegance competition in Italy on Lake Como, the public debut of the world's only Aston Martin Bulldog took place, Motor reported. A team of specialists restored the...

Tesla recalls over 14,600 Model 3 electric vehicles in China due to technical issues
Tesla recalls over 14,600 Model 3 electric vehicles in China due to technical issues
  • April 29, 2022

The American company Tesla is recalling over 14,600 Model 3 electric vehicles in China due to problems with the software in displaying the speed of movement. This is stated in a message published on Friday on the website of the Chinese State...

Musk sells his Tesla shares
Musk sells his Tesla shares
  • April 29, 2022

Tesla founder Elon Musk divested 4.4 million shares of his company on April 26 and 27. He sold them for almost four billion dollars, CNBC reported. The entrepreneur earlier bought Twitter for $44 billion. Musk intends to make the social network...

Nissan develops automatic obstacle avoidance system
Nissan develops automatic obstacle avoidance system
  • April 26, 2022

Japan's Nissan Motor Corporation announced on Monday that it has developed an integrated automatic system that allows the car to avoid collisions with other cars, pedestrians and other obstacles. Its creation is expected to be completed by the...

BMW has no intention to cut jobs during transition to production of electric vehicles
BMW has no intention to cut jobs during transition to production of electric vehicles
  • April 18, 2022

The German auto giant BMW has no plans to cut jobs if it abandons the production of cars with an internal combustion engine (ICE) and switches to the production of electric vehicles, Financial Times reported on Sunday, citing the head of the...

Toyota to cut world car production by 10%
Toyota to cut world car production by 10%
  • April 13, 2022

Japan's largest automaker Toyota Motor will cut car production at its plants around the world to 700,000, or 10% from the originally planned level, in May this year, the Nikkei newspaper reported on Wednesday. The production of cars at...