Global Auto News

Europe’s largest automotive conglomerate is officially entering a state of absolute survival mode. In a desperate, highly aggressive bid to cut costs and stop a severe financial hemorrhage, Volkswagen is reportedly terminating its high-profile €1.5 billion ($1.71 billion) automated driving partnership with tech giant Bosch. The dramatic breakdown of this blockbuster alliance, which was originally […]

When automotive purists and internet trolls caught their first glimpse of Ferrari’s first-ever all-electric five-seater sedan—the Ferrari Luce—they took to social media to tear it apart. The online backlash was so brutal and severe that it immediately shook investor confidence, causing Ferrari’s stock price to tumble by 6% to 8% on the Milan and New