Porsche and Audi have decided to join Formula One
There has been speculation for several months that the two brands were in negotiation over partnerships to enter the highest class of international motor racing.
Hyundai is ending projects with Rimac
Hyundai and sister brand Kia jointly invested 80 million euros ($84 million) in the electric startup in 2019 to take a 12 percent stake in the company. It is unclear whether the Korean company will sell its stake.
VW to use Qualcomm chips for automnomous vehicles
The automaker will use Qualcomm’s system-on-a-chip, developed specifically for automated driving, across all its brands worldwide, a German business newspaper reported.
Jeep-focused showrooms can fuel brand growth, CEO says
CEO Christian Meunier says he hopes seeing their peers succeed could motivate more Jeep dealers to make the leap.
Toyota to study 9 safety areas in next 5 years
The automaker’s research arm has identified nine new studies it will conduct over the next five years to improve automotive safety.