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Albert Garcia

Reporter

Indexed articles, last 90 days
5
Latest publication
Sep 10, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 27, 2026

Latest articles

  1. Article · Sep 10, 2026 · Albert Garcia

    Bugatti's Volkswagen Era Is Officially Over (opens the original)

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    The VW Group's decades-long stewardship of hypercar royalty is officially over. Porsche finalized the sale of its entire 45-percent equity stake in Bugatti Rimac and its 20.6-percent holding in Rimac Group. Total proceeds hit roughly €1 billion ($1.16 billion USD), with $290.7 million (€250 million) immediately earmarked to bolster internal pension obligations while Zuffenhausen shore up its own balance sheet. The move severing Volkswagen's last direct financial ties to Molsheim closes a chapter

  2. Article · Sep 4, 2026 · Albert Garcia

    Toyota Explores Hydrogen Power for Auto Parts Supply Chain (opens the original)

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    Toyota Motor Corporation is evaluating a shift toward hydrogen-powered trucks to handle its auto parts supply chain. The initiative comes as geopolitical instability in the Middle East puts pressure on global oil supplies, driving up fuel costs and renewing focus on energy independence. According to Bloomberg, the automaker is exploring hydrogen integration across its suppliers' logistics networks, with long-term plans to potentially use hydrogen to power manufacturing plants. While hydrogen fue

  3. Article · Aug 31, 2026 · Albert Garcia

    GM Canada Secures Heavy-Duty Truck Production During Tariff Chaos (opens the original)

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    General Motors union workers represented by Unifor in Ontario have voted to approve a new three-year collective bargaining agreement. The deal secures a new heavy-duty truck allocation for Canadian manufacturing despite rising cross-border trade headwinds and tariff threats from Washington. The agreement comes as the Canadian automotive manufacturing sector faces existing 25 percent U.S. import tariffs, alongside potential tariff increases to 50 percent set for early 2027. Under the terms of the

  4. Article · Aug 24, 2026 · Albert Garcia

    Porsche Denies Axing the Taycan, But Won't Confirm Its Future... (opens the original)

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    Speculation around the long-term viability of the Porsche Taycan reached a fever pitch following reports that the German automaker planned to phase out its flagship electric sedan by 2030. While Porsche officially pushed back against claims of an imminent execution, it notably stopped short of guaranteeing a second-generation model down the line. The rumors stem from a steep drop in demand. Global Taycan deliveries plummeted from a peak of 40,629 units in 2023 to just 16,339 vehicles in 2025. Ge

  5. Article · Jul 27, 2026 · Albert Garcia

    How GM Makes 70 Cents Per Dollar On Subscriptions-But Pennies Per Car (opens the original)

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    General Motors is successfully pivoting toward a far more lucrative strategy than simply selling cars. The automaker is quietly transforming its fleet into rolling subscription businesses. According to financial disclosures during a recent investor call, GM's software and services division retains 70 percent of every dollar in revenue it generates. To put that margin into perspective, retail vehicle sales typically generate just four to 10 cents from each revenue dollar. Granted, there are more

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