Elon Musk Loses His $56 Billion Pay Pack Yet Again
Good morning! It’s Tuesday, December 3, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the …
Finance
Near-Bankrupt KTM Owes $3 Billion, “Pauses” MotoGP Program
Austrian motorcycle giant and maker of the X-Bow sports car KTM is on the verge of bankruptcy and will begin a “self-administration” restructuring process to avoid dissolution. A big part …
Bernie Ecclestone Can’t Drive His F1 Cars Anymore, Decides To Sell Them Off
You remember international motorsport’s supervillain Bernard Charles Ecclestone, right? The 94-year-old was perhaps the most important figure in bringing Formula 1 to the masses, and managed to elevate himself from …
Stellantis CEO Quits During Critical Period For The Automaker
Good morning! It’s Monday, December 2, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the …
Flooded McLarens, Porsches And Ford GTs Are Filling Florida’s Auction Lots
Hurricanes Helene and Milton devastated the country earlier this year, wrecking houses, bursting river banks and flooding cars. Lots and lots of cars. Now, some of those flood-damaged vehicles are …
Thirty-six-year-old in Denmark quit his job and built himself a tiny home in the woods for $20,000 — take a look inside
For years, 36-year-old Anders Boisen lived in apartments all over the city of Aarhus, the second-largest in Denmark. Despite having a comfortable living situation — a two-bedroom apartment he shared …
Nisus Finance Services IPO to open on Dec 4; eyes Rs 114 crore
Nisus Finance Services Co Ltd on Friday said it aims to raise over Rs 114 crore through its initial public offering (IPO) which will open for subscription on December 4. …
What’s The Best Example Of Platform Sharing?
People have lamented how similar new cars all seem to look for decades, but car manufacturers don’t seem to share that concern. You see, automakers spend billions of dollars developing …
Reserve Bank chief Michele Bullock reveals why interest rates are still on hold
Reserve Bank chief Michele Bullock has used a speech to spell out why Australia’s central bank is yet to cut interest rates despite easing starting in Canada, New Zealand and …
America ‘Shooting Itself In the Foot’ With Mexico Tariffs
Good morning! It’s Wednesday, November 27, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the …