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Famed Investor Is Betting Against Tesla In Favour Of Volkswagen In The EV Race

Investor is Michael Burry known for his bet against the US housing bubble from the mid-2000s which inspired the book and movie “The Big Short.” His firm Scion Asset Management owns shares in Porsche, which owns part of Volkswagen, which owns Porsche. This story...

Porsche To Inject More Funds Into Electric Supercar Maker Rimac

Porsche already has a 15.5% stake in the company. Their new investment could raise their stake to nearly 50%. Part of the deal could be transferring Bugatti to Rimac. Rimac Automobili is best known for being the make of the car Richard Hammond famously...

45 Years Of The Volkswagen Golf GTI Celebrated With The Clubsport 45

The beloved VW Golf GTI was launched back in 1976. Its turbocharged 2.0-litre engine will produce 300 PS, or 296 horsepower. The Volkswagen Golf GTI is the stuff of automotive legend. For most, it’s right up there with the Porsche 911, Chevrolet Corvette, and...

Volkswagen Enthusiast Fleet Returns, Launches With Blue Lagoon Jetta

Blue Lagoon a rare launch colour for 2004 Jetta GLI Car includes tasteful aero, suspension mods and Recaro seats For years, Volkswagen has been building what it calls the Enthusiast Fleet, a series of cars that have gotten some extra tuner-style touches to show...

Volkswagen Thinking About Listing Porsche

An IPO of Porsche could increase its value and cash. Experts believe that Porsche is worth more than its parent company. Listing could occur next year. We’ve reported many stories on start-up carmakers cashing heavily thanks to investors looking for the next big thing....

Analyst Says Volkswagen to Outpace Tesla in EV Sales by 2025

Forecast calls for Tesla market share to drop while VW picks up VW has said it plans to sell 26m EVs by 2030 An EV analyst forecasts that Volkswagen Group will quickly pass Tesla to become the world's largest maker of EVs, with the...

Volkswagen Taos Compact Crossover Starts Production for U.S., Canada Soon

Mexico-built Mini-Tiguan expected here in Summer 2021 Comes with 1.5L turbo standard, offers AWD Production of the Volkswagen Taos, the brand's latest crossover that takes the place of the Golf and Golf Sportwagen, has begun for the U.S. market at VW's plant in Mexico....

Most Popular Cars in Canada in 2020

2020 Honda Civic
The Honda Civic was the most popular car in Canada in 2020. Kia Forte outperformed in the passenger-car segment, the Tesla Model 3 took a sales plunge. The Nissan Sentra reached the top 10 list, knocking off the Honda Accord. The passenger-car market is...

Chip Shortages May Heavily Impact New Vehicle Outputs

Nearly manufacturers will be affected by the chip shortfall. This shortage may create peaks and valleys in deliveries in 2021. This is an ongoing issue that began late last year and could last through the first half of 2021. Nearly all mass-production automakers have,...

Volkswagen ID.6 SUV Pictures Leaked

The ID.6 is VW’s electric 3-row SUV. It is inspired and based on the ID. Roomz concept from 2019. The pics leaked through a Chinese government filing. Volkswagen’s electric vehicle aspirations have been clear for a few years already. For the most part, their...