Elon Musk has described 2018 as the most successful in Tesla’s history, despite admitting the company’s cars are too expensive and up to 3,000 jobs will be lost in cost-cutting measures. He sent an email to staff saying growth had been strong, but that it was difficult to make Teslas with their new and developing [...]

Bridgestone Europe NV (Bridgestone), the subsidiary of the world’s largest manufacturer of tyres and other rubber products in EMEA and Iris Capital, a leading European venture capital firm, have announced a corporate venture partnership to investigate and invest in innovative new mobility services, industry 4.0 and digital transformation technologies across Europe, the Middle-East and Africa. [...]

Ford Motor Company has announced the use of graphene in vehicle parts. Graphene is 200 times stronger than steel and one of the most conductive materials in the world. In collaboration with Eagle Industries and XG Sciences, Ford is using small amounts in fuel rail covers, pump covers and front engine covers to maximize its [...]

The automotive industry in the UK has responded to a historic defeat for the government’s proposed Brexit deal. The government was defeated by an astounding 230 votes in parliament last night. Some say this means a no deal exit on 29 March is now more likely, while others believe it means Brexit might not happen [...]

Volkswagen AG and Ford Motor Company have announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Dr Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans [...]