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- Tesla reports wider 2nd-quarter loss on development costs; Revenues more than double
Electric car maker Tesla Motors reported a deeper second-quarter loss on Wednesday as sharply higher spending on research and development for upcoming vehicles more than offset revenue gains. Tesla reported a net loss of $58.
Переслать - Suzuki's 1st-quarter profit gains on sale of share in GM unit
Suzuki, the Japanese automaker 20 percent owned by Volkswagen, said first-quarter profit rose 24 percent, aided by a one-time gain from selling shares of a GM unit. Operating profit fell 20 percent after the March 11 earthquake disrupted production.Переслать - Creating a buzz is a new game for Ford
In the future, it won't be enough to simply buy a Ford vehicle. The manufacturer also wants customers to help market it and help explain the vehicle to other potential customers.Переслать - BMW seeks edge in electric luxury models to hold off Audi's advance
BMW will give a new electric-powered city car a lounge feel with bench seats, naturally tanned "mocha brown" leather and hemp fibers in the floor covering to hold off Audi.Переслать - AutoNation, short of Japanese cars, has 4% sales decline for July
AutoNation, hurt by sharply lower sales of imported Japanese brands, reported a 4 percent decline in new-vehicle sales last month compared with July 2010. U.S.Переслать - U.S. suppliers depend on improved customer relationships, panelists say
The rebound of the North American automotive supply base depends on improving relationships, panelists said today here at the 2011 Management Briefing Seminars.Переслать - One-fourth of U.S. drivers have trouble paying for auto repairs, AAA says
Americans have difficulty paying for costly vehicle repairs and are driving older cars longer, according to a survey released today by AAA.Переслать - AutoNation's COO Maroone joins TrueCar.com board
AutoNation COO Mike Maroone is joining the TrueCar.com board of directors, the company announced today. The car-buying Web site recently sold its 300,000th vehicle and competes with sites such as Edmunds.com and AutoTrader.com.Переслать - King says 'vast majority' of transplants are talking to UAW
UAW President Bob King said today the union is making progress in its attempt to organize transplant automakers.Переслать - Hobbled Toyota plants will surge this fall
Toyota will throw off the shackles of earthquake and supplier problems later this month and run its North American plants overtime to rebuild dealer inventories.Переслать
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