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...
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 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 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 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...
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...
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...
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...
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...
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...
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...
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...