Stellantis to Shut Down Historic Luton Plant After 120 Years: Promises Fair Treatment for All Employees

November 28, 2024 – Stellantis, the parent company of the British automotive brand Vauxhall, announced yesterday its decision to shut down its car manufacturing plant in Luton, UK, where Vauxhall has been producing vehicles since 1905, and consolidate its operations in the country. Currently employing around 1,100 workers, the Luton plant manufactures internal combustion engine…

Read More

Tesla’s Wireless Charging Vision Comes to Light with Four Newly Revealed Patents

September 09, 2024 – The United States Patent and Trademark Office has recently revealed four patents held by Tesla, which are related to wireless charging technology for vehicles. These patents suggest that Tesla cars may soon be capable of wireless charging, utilizing methods such as magnetic resonance. Historically, Tesla had shown little interest in incorporating…

Read More

Volkswagen CFO: EVs Still Less Profitable Than ICE Vehicles

May 8, 2026 – Volkswagen Group’s Chief Financial Officer (CFO), Arno Antlitz, recently revealed during an earnings call that the profit margins of electric vehicles (EVs) still lag significantly behind those of internal combustion engine (ICE) vehicles. He emphasized that true profitability parity between EVs and ICE vehicles may only be achieved once the next-generation…

Read More

Sony’s Acquisition of Naughty Dog Was Crucial for Studio’s Longevity

December 26, 2024 – Andrew Gavin, co-founder of Sony’s renowned first-party studio Naughty Dog, reflected on the studio’s journey in a LinkedIn post, highlighting the significance of the studio’s acquisition by Sony in 2001. According to Gavin, it was this acquisition that allowed Naughty Dog to thrive and continue producing innovative games despite escalating development…

Read More