AutoSector.com ®

Month: April 2024

Tesla lays off executives, cuts Supercharger division – Autoblog

Tesla cut two key executives and laid off the 500 staff members who supported the operations of its Supercharger EV charging network, The Information reported on Tuesday, citing CEO Elon Musk’s email to senior managers. Musk cited falling sales and impatience with the overall progress in headcount reduction as the primary drivers behind the cuts …

Tesla lays off executives, cuts Supercharger division – Autoblog Read More »

McLaren’s next ultra-exclusive flagship revealed at the end of this year – Autoblog

McLaren will be show the next installment in its Ultimate Series later this year — the range that claims the Senna, Senna GTR, Speedtail, and Elva at the moment. But really, we’re talking about a successor to the cars with a 1 in their names, as in F1 and P1. An Automotive News story says …

McLaren’s next ultra-exclusive flagship revealed at the end of this year – Autoblog Read More »

A small door ding became a nightmare for a Fisker Ocean owner – Autoblog

Fisker has been floating in the danger zone, teetering on the brink of complete collapse, for months now. That state of limbo looks dramatic from a business standpoint, but the impact on Fisker owners is coming into clearer focus. A recent story from an early Fisker Ocean buyer highlighted the challenges faced by people who …

A small door ding became a nightmare for a Fisker Ocean owner – Autoblog Read More »

1-of-28 2018 Aston Martin Vanquish Zagato Speedster Listed For Sale

Aston Martin and Italian design house Zagato have shared a decades-long partnership, creating some of Aston Martin’s rarest, most exclusive, most intriguing, and most beautiful models. The most recent result of their collaboration was the Vanquish Zagato, which saw Aston Martin’s flagship V12 model, the Vanquish, with its design reimagined in a bold, Italian Zagato …

1-of-28 2018 Aston Martin Vanquish Zagato Speedster Listed For Sale Read More »

TWR Debuts The New V12 Super-GT ‘Supercat’ Alongside Magnus Walker & The Kyza

TWR races onto the scene with two familiar names and one unbelievable car. Modern reinterpretations of the automotive world’s most celebrated cars seems to be the new topic of discussion within the industry, highlighting bespoke builds that deliver the perfect balance of classic styling and modern performance. Established in 2020 by Tom Walkinshaw’s son, Fergus Walkinshaw, TWR aims …

TWR Debuts The New V12 Super-GT ‘Supercat’ Alongside Magnus Walker & The Kyza Read More »

Mercedes-Benz’s Q1 2024 report shows revenues are down, but its share of EV sales is growing

Mercedes-Benz joins a growing list of EU-based automakers publishing their Q1 2024 financial reports today, and the German brand is relaying a similar story of staggering profits. Mercedes-Benz remains one of the most well-known automakers out of Germany and one of the leaders in luxury vehicles. As an automaker committed to electrification, we’ve seen Mercedes …

Mercedes-Benz’s Q1 2024 report shows revenues are down, but its share of EV sales is growing Read More »

Tesla Megapack to power new massive record-breaking 1.3 GWh battery system

Tesla Megapack has been selected to power a massive new record-breaking 1,3 GWh battery system from Neoen in Australia. This project is the second stage of the Collie Battery project, which is named after a town in Western Australia where the project is located. As we previously reported, France’s Neoen is already building the first …

Tesla Megapack to power new massive record-breaking 1.3 GWh battery system Read More »

Volkswagen Group’s profits dropped 20% in Q1, but it remains confident in hitting 2024 targets

Volkswagen Group released its financial numbers for Q1 2024 today, following similar trends from other EU-based automakers. The numbers detail a slowing of sales and a drop in profits. Despite a 20% decrease, the Group remains optimistic that it will end the year at its financial targets. Today’s Q1 2024 report from Volkswagen Group comes …

Volkswagen Group’s profits dropped 20% in Q1, but it remains confident in hitting 2024 targets Read More »