Deliveries for the BMW i4 to Begin Three Months Early

The Munich-based automaker held an event over the weekend at BMW Welt in its home city, handing over the first examples of the fully electric BMW i4 to new owners, three months earlier than expected. The battery-electric Gran Coupe entered…

Musk says company headquarters will move to Texas

Tesla has announced it will move its company headquarters to Texas from California. Chief executive Elon Musk announced the move at the electric carmaker's annual shareholders' meeting in Austin.Mr Musk had fallen out with local politicians in…

Volvo shares accelerate on stock market debut

Swedish car company Volvo is now valued at more than $22bn (£16bn) after its shares jumped in the first hours of trading of its market debut. Volvo, majority-owned by Chinese firm Geely, offered up shares in a slice of the company on the Stockholm…

Ford’s Merseyside investment to secure 500 UK jobs

Ford is to invest £230m in its Halewood plant on Merseyside to make electric car parts, helping safeguard 500 jobs. The investment will mean the plant will run for many years longer, said Stuart Rowley, president, Ford of Europe. There had been…

Tesla reports record sales and profits

Electric car maker Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits. Revenues rose to $13.76bn in the third quarter of the year, up from $8.77bn 12 months earlier. The company,…

Ford extends production halt at German plant

Ford Motor will extend a production stoppage at its factory in Cologne, Germany, until the end of October because of the global shortage of microchips. The company will not be able to resume production of the Fiesta small hatchback at the plant as…

The New Suburban HD Coming Soon, but not for you.

Chevrolet Suburban HD left the market back in 2018, fans of the General’s most robust family-hauler have been clamoring for its return. Well, GM just confirmed in a press release Thursday that a brand new version of the Suburban HD is in the works…

Chip shortage could last into 2023, says car boss

The chip shortage that is disrupting global car production could continue into 2022 and even 2023, a leading German car industry figure has said. Covid had been a stress test for the industry, which needed a thorough review of its supply chains,…

GM to idle eight North American plants amid chip shortage

General Motors will halt output at most of its North American plants in September as the semi-conductor chip shortage continues to hit carmakers. Four plants in the US, three in Mexico and one in Canada will shut down for up to two weeks, depending…