Trump may loosen regulations for driverless cars
The second Trump administration may look to loosen the regulations for driverless cars as a means to accelerate development and foster innovation in the sector, according to a report. Citing…
Read More »Stellantis starts search for CEO Carlos Tavares’ successor
Stellantis is searching for a successor to current CEO Carlos Tavares, whose contract is set to expire in early 2026. The information was first reported on Tuesday by Bloomberg, citing…
Read More »Chinese EV startup Human Horizons files for bankruptcy
Chinese startup Human Horizons, the company behind the HiPhi performance EV brand, has filed for pre-bankruptcy restructuring, Bloomberg reported on Friday. Human Horizons filed an application for restructuring with a…
Read More »Lamborghini CEO hesitant to launch electric supercar
Lamborghini will launch its first electric vehicle in 2028, but it won’t be one of the brand’s traditional supercars. In an interview with Bloomberg published on Sunday, Stephan Winkelmann, Lamborghini’s…
Read More »Audi reportedly plans full takeover of Sauber F1 team
Audi is set to enter Formula 1 in 2026 in a partnership with current team Sauber. The automaker purchased a minority stake in the Swiss F1 team early last year,…
Read More »McLaren reportedly considers new tech, financial partners
McLaren may forge new technology and financial partnerships to support the development of its next generation of supercars. Citing people familiar with the matter, Bloomberg reported on Thursday that McLaren’s…
Read More »McLaren CEO: Tech for electric supercar won’t be ready until 2030
Rumors of an electric supercar from McLaren have been tantalizing fans for years, but the British marque is content to take its time in developing any zero-emission performance machine that…
Read More »Audi and SAIC to partner on EV development
Audi is set to team up with SAIC, China’s biggest automaker, on the development of electric vehicles. The move was confirmed by SAIC on Thursday in a statement to Bloomberg….
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No Signs of Inflation Hurting the Luxury Yacht Industry
The cost-of-living crisis feels miles away at the Dubai International Boat Show. Global yacht sales are set to soar from $9.4 billion this year to $13.9 billion by 2030, according…
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Why Fashion Brands Are Doubling Down on Sustainability | The Business of Fashion Show
For luxury executives including Kering Chief Executive Officer François Henri-Pinault, 2020 was the year in which the industry forever changed. Amid the arrival of the coronavirus, companies such as his…
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