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Geely’s Li weighs bigger Aston Martin stake

Chinese billionaire Li Shufu is considering boosting his stake in Aston Martin over time to foster collaboration with the struggling luxury carmaker, according to people familiar with the matter. Li, whose Zhejiang Geely Holding Group…

Porsche is still talking to teams about F1 entry

LONDON -- Porsche is still talking with teams about entering Formula One after discussions with championship leaders Red Bull broke down, the governing FIA said. Porsche and Red Bull had been discussing a partnership for months but talks…

Geely’s Li mulls bigger Aston Martin stake

Chinese billionaire Li Shufu is considering boosting his stake in Aston Martin over time to foster collaboration with the struggling luxury carmaker, according to people familiar with the matter. Li, whose Zhejiang Geely Holding Group…

BMW joins the EV frenzy with $1.7B U.S. investment

GREER, S.C. — BMW is upgrading the jewel in its global manufacturing crown to position the 7-million-square-foot crossover factory for the electric era. On Wednesday, the German performance brand announced a $1.7 billion investment to…

Porsche 911 gets a touring variant

Porsche is adding a touring variant to the 911 lineup. The 2023 911 Carrera T, where the T stands for "touring," will slot between the 911 Carrera and 911 Carrera S.It adopts the twin-turbo six-cylinder engine from the 911 Carrera that…

Why Mercedes is bullish on its 2023 forecast

Automakers have gone through a number of setbacks since the shock of the pandemic and the related supply-chain disruption that is now easing. There is little reprieve as increasing economic upheaval, sky-high energy prices and China’s…