British carmaker Lotus reportedly plans to raise capital to expand production capacity

British carmaker Lotus, majority-owned by China’s Geely Automobile Holdings, is exploring to float an initial public…

Volvo plans to invest $1.1B in Torslanda plant to produce fully electric cars

Swedish car manufacturer Volvo Cars plans to invest $1.1 billion (SEK 10 billion) in its Torslanda…

Rolex Daytona JPS 6264 reaches $1.5 million in record online sales

  Gold model that brings the colors of a legendary Formula 1 car was up for auction…