Buybacks coming for Audi Q7 TDI diesel SUVs: German report

2013 Audi Q7 TDI S LineThe Volkswagen diesel settlement approved by a federal judge earlier this week does not address all of the company's cars fitted with illegal "defeat device" software. It covers only VW and Audi TDI models with 2.0-liter 4-cylinder engines, sold in the U.S. from model years 2009 through 2015. It's good news for the 475,000 owners of those...

Atieva now Lucid Motors; plans 300-mile, 900-hp electric car

Teaser for Lucid electric carChinese-backed startup Atieva has changed its name to Lucid Motors, and revealed more details about its planned electric car. From what we know so far, that car will be a fast luxury sedan with a range of around 300 miles, putting it in competition with the Tesla Model S. The company now known as Lucid is one of several startups aiming to repeat...

Faraday Future imperils electric-car factory, misses payment to contractor

At the groundbreaking for Faraday Future's production facility in North Las Vegas (April 13, 2016)The Faraday Future company has said it aims to put its first electric car into production within two years. To achieve that goal, the company is building a new factory in North Las Vegas, Nevada, at a stated cost of $1 billion. Faraday broke ground on the factory in April, although significant work did not begin until July. Now, it may have halted...