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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
[VIDEO] See the Porsche 911 GT3 RS on the Nardo track
The German based automaker Porsche has released the first official video with the recently unveiled 911 GT3 RS in which ...
Global auto sales could gain 1.5 percent from plunge in oil prices
The recent drop in worldwide oil prices – which in term lowered the gasoline price at the pump in certain ...
2016 Opel Corsa OPC gets priced in Germany
Opel has officially announced the official starting price of its sub-compact hot hatch, the Corsa OPC, for the German auto ...
Mitsubishi XR-PHEV is previewing new compact crossover
The Mitsubishi XR-PHEV is offering a preview of a future compact crossover which is believed to be the replacement for ...
US: Mercedes pits new Metris van against the likes of Ford’s Transit Connect
In the US, the Ford Motor best-selling Transit Connect small cargo van leads the segment, but its rule might get ...
Fiat to name its Mazda MX-5 based roadster the 124 Spider
The Fiat version of the Mazda MX-5 will be called the 124 Spider and this is expected to make its ...
Skoda Fabia Monte Carlo debuts in Geneva
The more attractive trim of the new Skoda Fabia generation, the Fabia Monte Carlo, has made its public debut recently, ...
Geneva motor show’s greatest rides
We’re again feeling decidedly subjective on this one, but here’s my personal pick of the greatest rides that could be ...
New Ford GT to be priced similarly to the Lamborghini Aventador
The new generation of the Ford GT supercar will be produced in just 250 units annually and it will be ...
Recall roundup: Hyundai Elantra for power steering issues
The Hyundai Elantra is the subject of a new recall announced by the NHTSA because of problems with the electrically ...
Europe: Fiat brand to axe mass-market position in the region
According to Fiat Chrysler Automobiles NV chief executive officer Sergio Marchionne, the company’s namesake Fiat brand will give up for ...
McLaren 675LT online configurator introduced
The online configurator for the McLaren 675LT has been introduced recently introduced by the British based automaker. McLaren is moving with ...
Lotus CEO hints at approaching SUV model to lift sales
Lotus Group chief Jean-Marc Gales has none of the preoccupations of other auto industry leaders – such as developing driverless cars ...
Recall roundup: Dodge Challenger SRT Hellcat and Charger SRT Hellcat
The brand new and extremely powerful Dodge Challenger SRT Hellcat and Charger SRT Hellcat are the subject of a recall ...
Report – Chevrolet’s upcoming affordable electric car could be seen as Opel model in Europe
According to undisclosed company sources, General Motors might expand the sales of the upcoming Chevrolet Bolt electric car into Europe, ...
Porsche 911 GT3 RS – online configurator introduced
The online configurator for the recently unveiled Porsche 911 GT3 RS has been recently launched by the German based automaker. If ...
[VIDEO] Ferrari 488 GTB – official promo released
Ferrari has released the first promotional video with the recently unveiled 488 GTB, in which you can see the new ...
FAB Design McLaren 12C Spider unveiled
A completely modified version of the McLaren 12C Spider, signed by FAB Design, has been recently unveiled by the tuning ...