Holden will retain the Commodore nameplate for its next-generation large sedan, even though the new “Commodore” will bear no resemblance to the large, rear-drive car currently sold in Australia.
Tesla shareholders felt lighter Wednesday after the automaker’s stock price fell from just over $200/share to $186.09/share after CEO Elon Musk’s announcement at the 2015 Automotive News World Congress in Detroit — held during the 2015 Detroit Auto Show — that his company wouldn’t be profitable until the start of the 2020s.
Back in the spring of 2013, our sources told us that a CD-based Taurus was under development, but promptly sent to the garbage dump after its design bombed its consumer clinics. Marketing brass at Ford decided to kill the Taurus, due to dissatisfaction with the way it looked, and the shrinking mid-size car market. But the large sedan will live on in China.
It’s official: This is the Chinese-made Ford Edge Sport and Edge Limited.
Chinese Internet overlord Baidu is buying a major stake into everyone’s favorite transportation network company, Uber.
After less than nine months at the helm, Tesla China president Veronica Wu will be resigning from the top job, and leaving the company behind.
Google may be off pursuing autonomous commuter pods, but another Internet-related company in China as decided to take on Tesla directly in the EV game.
With Holden set to lay off hundreds of engineers as it shuts the doors of its Australian factories, Ford is looking to grow its ranks. The Blue Oval is set to hire 150 ex-Holden engineers to help develop cars for the Chinese market.
With the Chinese-made S60L set to hit the United States next year, Volvo is taking the next step in building luxury cars in China, with plans for a new flagship to be built at a factory in Daqing.
Earlier this week, Mercedes-Benz opened its Product Engineering Centre in Beijing. To celebrate the occasion, the luxury brand unveiled a new design study: the Vision G-Code sporty utility coupe.