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Toyota follows Daimler and partly discards Tesla stock


Tesla Motors, the California-based electric automaker that seemed ready to overthrow the auto industry, has received another vote of no confidence, with Toyota divesting some of the shares it owns in the US carmaker. The move, revealed today by the largest automaker in the world, follows closely the one made by Daimler – the parent company of Mercedes-Benz – which sold ...
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NHTSA tries and fails to keep drivers informed about Takata airbag debacle
The National Highway Traffic Safety Administration issued a public warning about the potential hazard represented by driving cars equipped with Takata airbags in areas with high humidity. The federal regulator issued ...
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The British brand, owned by the world’s largest luxury automaker – BMW, is the latest in a long series of automakers that had to call back their Munroney window stickers ...
2015 Hyundai Santa Fe gets updated
The South Korean based automaker Hyundai has officially announced a series of updates for the 2015 Santa Fe Sport and for its longer version the 2015 Santa Fe. If you are ...
2015 Nissan Pathfinder starts at $29,510
The 2015 Nissan Pathfinder has been recently priced in the United States where the cheapest version of the model starts from 29,510 USD. According to the car manufacturer, several enhancements have ...
US: Florida is the most likely place to forever lose your luxury car to thieves
According to a report that was just released by the US National Insurance Crime Bureau, Florida owners of premium and luxury cars should get more insurance on their prized possession ...
Takata gets support from Toyota official
A senior Toyota official has expressed support for the Japanese auto parts supplier Takata, involved in a massive debacle over the production of airbags that inflate with too much force. US ...
Mercedes to build the Sprinter commercial van in North America
Daimler, the parent company of luxury automaker Mercedes-Benz recently announced the next-generation of the brand’s well-known Sprinter van would also be manufactured in North America, shifting some production from Germany ...
Hyundai’s key Sonata model fails to impress US market
The South Korean automaker hoped the recently refreshed Sonata sedan would be an asset in reversing dwindling US sales, a market that follows closely in importance the world’s largest auto ...
Daimler sale of Tesla shares could be due to growing rivalry
Daimler AG, the parent company of luxury automaker Mercedes-Benz, surprised the industry when it announced the decision to divest the investment in Tesla, fueling speculations the two companies see each ...

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