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Corporate / Financial

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It's Getting Worse: Mitsubishi Stops Shipments to US Dealers

The Japanese automaker has a 100-day supply of cars sitting on lots. After that's exhausted, expect prices to spike.

By Brian Silvestro

Corporate / Financial - Apr 14 -

Maserati Is Not for Sale

The struggling exotic brand is safe for now.

By Adrian Padeanu

Corporate / Financial - Apr 14 -

Trump's Tariffs Could Force Stellantis to Sell Alfa Romeo and Maserati

A consultancy firm was hired to assess things with the struggling brands, notably with regard to steep tariffs in the US.

By Christopher Smith

Corporate / Financial - Apr 8 -

Rimac Wants Complete Control of Bugatti: Report

Porsche currently has a 45-percent stake in the Bugatti Rimac joint venture. Rimac could buy it out.

By Christopher Smith

Corporate / Financial - Apr 4 -

McLaren Will Make More Than Supercars

New investment into McLaren's car business will see the company's portfolio "expanded into new product categories."

By Brian Silvestro

Corporate / Financial - Apr 3 -

Why Toyota Was Disappointed by the Honda-Nissan Merger Talks

President Akio Toyoda believes the joint press conference didn't focus on what really matters.

By Adrian Padeanu

Corporate / Financial - Mar 28 -

Stellantis Paying Employees Up to $72,000 to Quit

The automaker is offering generous buyouts to employees in Michigan, Illinois, and Ohio.

By Anthony Alaniz

Corporate / Financial - Mar 24 -

Lamborghini Is Making More Money Than Ever

The Urus remains its best-selling model by far.

By Anthony Alaniz

Official - Mar 20 -

Nissan's New CEO Is a 'Real Car Guy'

That could be exactly what Nissan needs.

By Jeff Perez

Corporate / Financial - Mar 12 -

Nissan Has a New CEO

Nissan is making senior management changes in the wake of the failed merger with Honda.

By Adrian Padeanu

Corporate / Financial - Mar 11 -

Carlos Tavares Earned an Absurd Amount of Money as Stellantis CEO

We did the math so that you don't have to.

By Adrian Padeanu

Corporate / Financial - Feb 28 -

Stellantis Profits Have Cratered

The company reported a 70-percent drop and doesn't expect to make any money until at least the second half of 2025.

By Christopher Smith

Corporate / Financial - Feb 26 -

Aston Martin Just Keeps Losing Money

Sales for the British sports carmaker fell 8.9 percent last year, while debt grew to over $1 billion.

By Anthony Alaniz

Corporate / Financial - Feb 26 -

Audi Will Show the New A6 Avant Next Week

Audi has backtracked from calling it the A7 Avant.

By Adrian Padeanu

Corporate / Financial - Feb 25 -

Honda Wanted Nissan to Scrap Its Hybrid Tech: Report

The proposal called for Nissan to abandon e-Power in favor of Honda's hybrid system.

By Adrian Padeanu

Rumors - Feb 17 -

Mustang GTD Buyers Can't Sell Their Cars for at Least Two Years

Sorry, flippers.

By Christopher Smith

Corporate / Financial - Feb 14 -

Nissan Plans Massive Job Cuts and Plant Closures to Save Itself

Nissan intends to survive, with or without a merger with Honda.

By Adrian Padeanu

Corporate / Financial - Feb 14 -

Porsche Is Cutting a Bunch of Jobs Over Weak EV Demand

Slumping sales in China aren't helping, either.

By Christopher Smith

Corporate / Financial - Feb 13 -

Will Renault sell its stake in Nissan?

The French group could make USD 3.5 billion from it and Foxconn does not rule out a purchase, but the priority is to cooperate

By Brian Potter

Corporate / Financial - Feb 13 -

Ferrari Employees Can Buy a Fiat Panda with Their Fat Bonus

Workers are getting five-digit bonuses after an excellent 2024.

By Adrian Padeanu

Corporate / Financial - Feb 13 -

Honda and Nissan Merger Officially Canceled

Honda admits it wanted to make Nissan a subsidiary, but its proposal was shut down.

By Adrian Padeanu

Corporate / Financial - Feb 13 -

Farewell to Nikola electric trucks? Company on the brink of bankruptcy

According to sources close to the manufacturer and reported by the American media, the company is about to go to court

By Brian Potter

Corporate / Financial - Feb 8 -

Porsche Is Pivoting Back to Combustion. It Will Cost Them Dearly

The company's 2025 forecast includes "significant additional expenditures" to focus more on combustion and hybrid powertrains.

By Christopher Smith

Corporate / Financial - Feb 7 -

Ford CEO Admits Electric Pickup Trucks, SUVs Aren't Good for Towing

Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery costs.

By Christopher Smith

Corporate / Financial - Feb 6 -