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[Video] Elon Musk could step down as Tesla’s CEO in just four years


The US electric carmaker Tesla Motors has been the investor’s sweetheart since its initial public offering back in 2010 and today the shares are trading at prices that pit it against Silicon Valley tech companies, not traditional automakers. The company set out to revolutionize the upcoming luxury electric vehicle segment and –at least in part – fulfilled its promises with the ...
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US: Hertz finally sees investor favorite named CEO
Hertz Global Holdings Inc., the car-rental company that lost its chief executive officer after a scandal revealed botched financial statements, has opted to name John Tague as its new CEO. Tague ...
China: BMW CEO forecasts lower margins with higher sales
The chief of the German company’s China business foresees earnings from profit margins could take a hit because the luxury automaker is increasingly localizing production in the world’s largest auto ...
US: Hertz ready to revise results and lower costs
Hertz Global Holdings Inc. has come under massive shareholder pressure to seek a permanent top executive and the company acknowledged it should restate its financial fillings from 2011 through 2013. The ...
Daimler CEO says he’s satisfied with current Aston Martin collaboration
Daimler CEO Dieter Zetsche has decided to clear up rumors that called for the company to increase its stake in British luxury sports car manufacturer Aston Martin. According to the German ...
Report – Honda personalities urge CEO to deal with quality and safety issues
According to people that have knowledge of the encounters, two ex-bosses of Honda Motor paid separate visits to chief executive Takanobu Ito, aiming to encourage him to focus on the ...
FCA CEO sees Ferrari IPO midway through 2015
Sergio Marchionne, the chief executive of parent Fiat Chrysler Automobiles said that he envisions the initial public offering of luxury sports car manufacturer Ferrari somewhere between the second and the ...
CEO says Honda is now prioritizing safety over sales
The third-largest Japanese automaker is the largest client of Takata Corp., the auto safety parts supplier that is at the heart of a rising scandal involving millions of cars equipped ...
Ford doesn’t comment a report on Europe CEO’s departure
According to a recent report coming from Swiss magazine Bilanz, Ford’s European boss Stephen Odell was going to be replaced by a candidate selected within the ranks of the company. The ...
FCA CEO gets more power and money thanks to increased voting rights
Long-running Fiat Chrysler Automobiles Chief Executive Officer Sergio Marchionne has more power than ever in the automaker he helped create after almost doubling his voting stake. He now holds 0.75 % ...

latest automotive news
US: senators ready to decide if the NHTSA gets new boss
Mark Rosekind, a human fatigue and pilot-alertness expert has been nominated to end the hiatus at the top of the ...
Japan: country officials worried about impact on reputation from Takata scandal
According to an official at Japan's transport ministry, if in the US Takata-equipped cars were recalled on a nationwide level, ...
US: Alfa Romeo could soon bring a new midsize sedan
According to various reports coming from Europe, the US showrooms of the resurrected Alfa Romeo premium sports car brand could ...
Lamborghini Urus SUV might be produced outside Italy
The Lamborghini Urus SUV might be produced outside Italy once it will be ready for the market, in 2017. “The raging ...
Supplier ZF says driver-assistance technologies really hot now
The German supplier ZF Friedrichshafen AG moved to purchase y TRW Automotive Holdings in September for $13.5 billion as it ...
BMW 2-Series Active Tourer gets AWD
The BMW 2-Series Active Tourer will not be offered with all-wheel drive options too, as the company has recently announced. The ...
Audi TT Coupe by ABT Sportsline in Essen
The new generation of the Audi TT Coupe has received a series of aftermarket factory items, at the 2014 Essen ...
US: Black Friday deals boost sales in November
People are not being scared by the menacing name of the now very popular discount celebration, which means that customers ...
2016 Kia Picanto spied
Kia is currently working on an updated version of the current Picanto which will be officially presented to the public ...
US: car-sharing service Uber stops operations in Nevada
Well-known ridesharing business venture Uber has announced it decided to suspend the company’s operations in the US state of Nevada, ...
2016 Volkswagen Golf R to get a manual option
A manual transmission option will be added on the Volkswagen Golf R for the 2016 model year. The 2016 Volkswagen Golf ...
Europe: future CO2 emission thresholds could be revealed next month
The European Commission should next month present the progress on upcoming emission targets for new cars to be purchased in ...
McLaren P1 crash – new image pops up
A new image with the crashed McLaren P1 has made its way onto the web, revealing the totaled 1-million USD ...
U.S. – Jaguar F-Type V8 S to be offered only in AWD specification
Jaguar will be offering the F-Type V8 S in the all-wheel drive specification only, in the United States. If you live ...
China: licensed drivers surpass the 300 million mark
The world’s largest auto market can also brag about the fact that its total number of drivers almost matches the ...
[VIDEO] This is the largest Lamborghini Aventador gathering on the planet
The largest Lamborghini Aventador gathering in the world has been hosted recently by Lamborghini Newport Beach. Lamborghini Newport Beach has hosted ...
Mercedes-AMG expects sales to double through 2017
Daimler’s Mercedes-Benz also has an internal performance car division – the well-known – AMG unit and now a top executive ...
[VIDEO] 2015 Hyundai i20 review
The new Hyundai i20 compact vehicle is the star of a review published by the guys from Which. Are you interested ...