Tesla Motors, Inc. yesterday released its quarterly performance figures to investors. Despite a net loss of $111 million in the third quarter, Tesla’s stock rose nearly 9-percent, closing at $31.50 per share November 5 on the NASDAQ market.
GM’s Volt and its derivatives are piling up the honors on the other side of the pond. The Volt’s British version, the Ampera, has been honored as Green Vehicle of the Year by fleet decision-makers at the British 2012 Association of Car Fleet Operators (ACFO) Awards.
The roots of Toyota Motor Corp.'s China troubles run far deeper than the anti-Japan protests that swept the country this fall, stretching back to the 2008 launch of the Yaris subcompact -- a spectacular flop with price-conscious Chinese buyers.
Tesla brought its Model S to Germany for a first European physical presentation of the American electric car. According to Tesla, the Model S arrived in Europe last week for a nearly week-long press preview in Munich, Germany.
If the Model S was built by a "loser" as Mitt Romney suggested, that did not stop the editors of a well-regarded auto publication from declaring Tesla Motors' first sedan its top winner for this year.
The first Ram 2500 Compressed Natural Gas (CNG) pickup trucks began rolling off the line yesterday, Monday Oct. 29, at Chrysler Group’s Satillo Truck Assembly Plant. At the same time, the company announced that the formerly fleet-only vehicle will now be available to retail customers.
A number of developments happened Friday in Delaware bankruptcy court from parties interested in A123 Systems, including Fisker Automotive, and between A123, former proposed purchaser Wanxiang America Corp., and the new intended purchaser of its automotive business, Johnson Controls, Inc. (JCI).