GM Ready to Build 20K New C8 Corvettes

GM Ready to Build 20K New C8 Corvettes

The coronavirus pandemic has wrecked much of the carefully orchestrated production plans of automakers around the world, making it tougher for potential buyers of high-demand vehicles, like pickups, to secure the vehicle they want. It appears that General Motors will...
McLaren Sees Q1 Loss Balloon to $164.3M Due to Pandemic

McLaren Sees Q1 Loss Balloon to $164.3M Due to Pandemic

Super car maker McLaren Group is the latest automaker to highlight how hard the global pandemic has been on the industry, reporting its pre-tax loss in the first quarter jumped to 133 million pounds, or $164.3 million, from just 18 million pounds, or $22.2 million,...
Stocks Surge as Renault-Nissan Move to Save Alliance

Stocks Surge as Renault-Nissan Move to Save Alliance

After months of decline, shares of the three automakers forming the Renault-Nissan-Mitsubishi Alliance surged sharply on global exchanges Wednesday. Shareholders signaled their satisfaction with plans to save the long-running partnership that had been teetering on...
British Super Car Maker McLaren Cuts 1,200 Jobs

British Super Car Maker McLaren Cuts 1,200 Jobs

McLaren Group, the British maker of super cars and a top Formula One racing team, announced it’s cutting 1,200 jobs across all of its businesses, including the racing team. As has been the case with so many other companies, McLaren’s been hit hard financially due to...
Porsche 911 Targa Gets a Big Update

Porsche 911 Targa Gets a Big Update

You might think of the Porsche 911 Targa as the original hardtop convertible. First introduced back in 1967 and drawing inspiration from the German automaker’s motorsports program, it’s been an essential part of the automaker’s line-up ever since. And now, it’s making...
Audi Upgrades Infotainment Tech for 2021 Models

Audi Upgrades Infotainment Tech for 2021 Models

Audi continues to enhance its in-car infotainment experience as it rolls out the third generation of its modular infotainment toolkit, known as MIB 3, in its 2021 models coming this fall. While current Audi owners won’t see much of a change from the current version,...