Now

Koenigsegg goes on hiring spree

Swedish supercar manufacturer Koenigsegg is hiring approximately 35 employees. The company wants to increase its production capacity while reducing delivery times by up to a year and a half.   http://bit.ly/2p3vXva

 1m

Dale Earnhardt, Jr. to retire

Dale Earnhardt, Jr. has announced he will retire from NASCAR at the end of the 2017 season. The decision comes after 18 seasons and over 600 races.   http://bit.ly/2phraEX

 1h

BMW recalls M760i

BMW is recalling 97 examples of the M760i. These high-end, V12-powered machines are equipped with an incorrectly manufactured engine oil cooler lines that can cause a leak.   

 2h

Google buys land in Nevada

Google has paid $38.7 million for a large plot of land located right next to Tesla's Gigafactory in Reno, Nevada. Insiders suggest the purchase is related to the tech giant's self-driving car program.   http://bit.ly/2phppHW

 3h

BMW introduces M550d xDrive in Europe

BMW has announced a new variant of the 5 Series named M550d xDrive. Developed for the European market, the diesel-powered hot rod gets a gets 3.0-liter straight-six that uses four turbochargers to generate 400 horsepower and 560 pound-feet of torque.   

 4h

MG E-Motion concept headed to production

The head-turning MG E-Motion concept will spawn a production model in 2020, the company has confirmed. The all-electric coupe will start at under $40,000 in the United Kingdom.   

 5h

Henrik Fisker to unveil EV in August

Designer and entrepreneur Henrik Fisker will introduce an electric luxury car named E-Motion in August. Aimed at the Tesla S, the E-Motion sedan will offer 400 miles of range.   

 6h

Chevy Bolt fleet nears 4.6M miles

The company estimates the Bolt has collectively saved around 175,000 gallons of gasoline, after just a few months of limited availability.   

 17h

Borgward to build plant in Germany

Borgward was recently resurrected with help from BAIC, an automaker owned by the Chinese government. The brand plans to begin building a factory in its home town of Bremen, Germany, next year. The plant will produce an all-electric crossover, among other models. Production is tentatively scheduled to kick off in 2019.   http://bit.ly/2pdejUk

 22h

GM fires nearly 2,700 in Venezuela

General Motors has reportedly fired nearly 2,700 employees in Venezuela by sending them a text message, according to sources who spoke to Reuters. The company's Venezuelan plant hasn't produced a car since early 2016, and it was recently seized by the nation's government.   http://reut.rs/2pcLvLA

 23h