Have we reached Peak Car?

General Motors has announced it's shuttering five production facilities and killing six vehicle platforms by the end of 2019 as it reallocates resources towards self-driving technologies and electric vehicles.

Japan prosecutors seek to extend Ghosn detention

Tokyo prosecutors were expected Friday to request an extension to Carlos Ghosn's detention over allegations of financial misconduct against the former Nissan chief that have shaken the auto industry.

Magnetic materials for motors of the future

According to a statistic from the University of Chicago, 50 percent of U.S. power goes through a motor. Vehicles like cars and planes rely on motors to transform power, as do household appliances like vacuums and refrigerators. ...

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