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Tesla Motors reveals shaky fourth quarter results


Tesla Motors Inc, the California-based electric carmaker that builds the Model S luxury electric sedan, has announced that it failed to achieve sales targets and incurred a loss of $107.6 million during the fourth quarter of 2014. The luxury electric manufacturer, an investor sweetheart for years, has recently had to deal with numerous setbacks and struggled in terms of production and ...
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Volvo mulling expansion of overseas markets for Chinese-made S60L model
Sweden's Volvo Car Group, now a division of China’s Zhejiang Geely Holding Group Co is already thinking about the expansion of export markets for the Chinese-produced long-wheelbase version of its ...
BMW wants to secure record growth in 2015 as it introduces 15 new models
The Munich-based automaker, the largest premium carmaker in the world, aims to secure its fifth consecutive annual sales record as demand in the luxury sector continues to improve in Europe ...
Jeep surpasses 1-million unit goal thanks to US sales
The Jeep brand is focused – just like Britain’s Land Rover – on all-wheel drive vehicles alone and amid a global surge of sympathy for the type of vehicles it ...
FCA could be preparing new global deal as it spins off Ferrari
Fiat Chrysler Automobiles NV has been formed after Fiat SpA and its US Chrysler unit merged last year under the direction of Sergio Marchionne, the architect of the auto industry’s ...
Report – Uber sees more trouble in Asia
The San Francisco-based Uber Technologies has arisen as the largest player in the new and expanding car-sharing segment that competes with traditional taxi and limo services – but that comes ...
Report – Takata heightens quality control over its own suppliers
Japan’s Takata Corp, the global auto safety parts supplier at the center of a growing worldwide safety crisis, has moved to enforce stricter quality controls on a cluster of its ...
Asia: competition intensifies for Uber’s car-sharing service
The San Francisco-based Uber Technologies is probably the best-known car-sharing company, but that doesn’t mean its global expansion doesn’t meet strong regional opposition. Uber Technologies Inc., a San-Francisco-based technology company has ...
Holiday travel tips: drive safe with your pets onboard
As the Christmas holiday season is fast approaching it’s safe to assume that many car owners are going to hit the – sometimes-slippery – roads. And because many of them ...
Asia is very interested in autonomous vehicles
According to industry observers, analysts and experts, vehicle owners in the emerging automotive markets of Asia have increased expectations when it comes to the futuristic self-driving vehicle technology. Although safety concerns ...

latest automotive news
Dennis denies Alonso relationship breaking down again
Mar.29 (GMM/Inautonews.com) Ron Dennis has played down suggestions McLaren's relationship with Fernando Alonso is once again breaking down. In 2007, ...
Susie Wolff slams ‘all-female F1′ series idea
Mar.29 (GMM/Inautonews.com) Susie Wolff has slammed suggestions an all-female version of formula one should be launched. Alarmed at the current ...
Honda relying more on McLaren now – Boullier
Mar.29 (GMM/Inautonews.com) McLaren and Honda are working hard to make their new works collaboration gel. Back together in 2015 after ...
Ecclestone regrets letting Manor return
Mar.29 (GMM/Inautonews.com) Manor appears to have lost the backing of Bernie Ecclestone, the most powerful man in formula one. The ...
Rosberg denies ‘blocking’ Hamilton
Mar.29 (GMM/Inautonews.com) Nico Rosberg protested his innocence on Saturday, amid suspicions he 'blocked' teammate Lewis Hamilton in qualifying. It is ...
Boss plays down ‘naughty’ Rosberg-Hamilton move
Mar.28 (GMM/Inautonews.com) Toto Wolff on Saturday played down suggestions the tension between Mercedes' drivers could be set to reignite. During ...
Hamilton asked FIA to explain Alonso crash – report
Mar.28 (GMM/Inautonews.com) Lewis Hamilton played an unusually forceful role earlier this weekend in the drivers' FIA briefing, according to ...
Alonso upbeat despite Ferrari resurgence
Mar.28 (GMM/Inautonews.com) McLaren-Honda's all-champion driver lineup is putting a brave face on its situation. As in Australia, the two MP4-30s ...
‘No change’ after Pirelli’s China buyout – Hembery
Mar.28 (GMM/Inautonews.com) Pirelli's F1 project is "business as usual" despite the EUR 7 billion takeover of the historic Italian ...
Malaysia not ruling out night race
Mar.28 (GMM/Inautonews.com) Malaysia is looking into switching to a night race format in the future. Organisers of the now 17-year-old ...
Schumacher’s stepbrother on Germanwings passenger list
Mar.28 (GMM/Inautonews.com) Michael Schumacher's step-brother was on the passenger list of the ill-fated Germanwings flight, it has emerged. The Berliner ...
Ferrari adds EUR 100m to F1 budget – report
Mar.28 (GMM/Inautonews.com) Ferrari is closing the gap to dominant Mercedes in more ways than one, according to reports. The fabled ...
Alonso role meant no Indycar for Magnussen
Mar.28 (GMM/Inautonews.com) Kevin Magnussen has admitted he let an opportunity to race in Indycar this year slide when Fernando ...
Next hurdle for Manor is 107pc qualifying rule
Mar.28 (GMM/Inautonews.com) After the silence of Melbourne, Manor finally got its engines running in Malaysia. The resurrected Marussia team cited ...
CVC would sell F1 to Red Bull – Ecclestone
Mar.28 (GMM/Inautonews.com) Bernie Ecclestone has welcomed reports Red Bull might be looking at buying formula one. Some journalists have speculated ...
Susie Wolff ‘disappointed’ with Sutil appointment
Mar.28 (GMM/Inautonews.com) Susie Wolff has admitted she is surprised and disappointed with Williams' latest signing. Given Valtteri Bottas' back issues ...
Manipulating excitement would kill F1 – Lauda
Mar.28 (GMM/Inautonews.com) Niki Lauda says Mercedes is staying out of the political debate surrounding the team's ongoing dominance of ...
Sutil’s legal issues with Sauber ‘not resolved’ – manager
Mar.28 (GMM/Inautonews.com) Adrian Sutil's legal dispute with Sauber is still ongoing. Late last year, although both the German driver as ...