Tesla surprises Wall Street with $312m Q3 profit and record revenue
Tesla posted a $312 million profit and $6.8 billion in revenue for Q3 2018, driven by strong Model 3 margins and higher-than-expected deliveries.
Writes on motorsport, model launches and the industry that supplies them.
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Tesla posted a $312 million profit and $6.8 billion in revenue for Q3 2018, driven by strong Model 3 margins and higher-than-expected deliveries.
New vehicle brand loyalty in the US reached 51.4% at the end of 2025, with Toyota, Ford and Honda retaining the most repeat buyers despite rising prices and EV headwinds.
Despite a 7.5% drop in European sales to 58,070 units, Nissan secured a 3.7% market share in February 2018, led by strong Qashqai demand.
General Motors will suspend Chevrolet Volt and Opel Ampera production for several weeks in 2012 to address unsold stock and prepare for the next-generation Volt.
Nissan criticised Top Gear after the BBC show depicted a Leaf running flat mid-journey, claiming the battery was intentionally low before filming began.
PSA will reposition Peugeot as a semi-premium brand and push mainstream Citroën models downmarket, while expanding the DS line at the top of its range.
Audi’s e-bike projects have ranged from the radical carbon-fibre Worthersee concept to a limited-run e-MTB, each combining car-derived technology with high-end cycling components.
Kimi Antonelli claimed victory at Monza after starting 19th, with George Russell second and Max Verstappen third in a race disrupted by an early red flag.
Charles Leclerc's high-speed crash at Parabolica forced an early red flag at Monza, ending Ferrari's hopes as George Russell led the field.
Red Bull has secured Daniel Ricciardo and Max Verstappen as its Formula One driver pairing through the end of the 2018 season, shutting down speculation of a change.
Lando Norris finished fourth in Monza practice but says McLaren lacks the pace for pole, as both driver and technical director highlight ongoing challenges.
The Wentzville assembly facility, which builds Chevrolet Colorado, GMC Canyon and full-size vans, will receive a major paint shop expansion and equipment upgrade.
Colin Kolles’ application for a 2015 Formula One entry faces disruption as a court case over unpaid design fees heads to a Nuremberg hearing.
George Russell set the fastest time in second practice for Mercedes, while Ferrari and McLaren showed strong pace and Kimi Antonelli faces a back-row start after a penalty.
Tesla has launched its Cybercab, a fully autonomous Robotaxi with no steering wheel or pedals, now offering public rides within a geofenced area in Austin, Texas.
London’s first supervised autonomous taxi service and new legislation highlight the UK’s ambitions in self-driving technology, with industry forecasts pointing to major safety and economic gains.
A 1% drop in China’s carbon emissions follows a 32% cut in oil imports and a rapid shift to electric vehicles, with analysts suggesting some oil demand may never return.
Tesla will unveil its Semi electric truck for Europe at the IAA Hannover show in September 2026, entering a market already populated by established electric truck manufacturers.
Daimler Truck, Volvo Group, Toyota, Bosch and others are joining forces to develop a hydrogen ecosystem for heavy-duty vehicles, with a full plan due at IAA 2026.
BMW has officially revealed the fifth-generation M3 Sedan and new M4 Coupe, focusing on reduced weight and increased performance, with global launch set for 12 December 2013.
Bruno Senna says Williams has not demanded a race win in 2012, despite speculation about his future and the rise of reserve driver Valtteri Bottas.
Geely’s $11bn investment in Volvo has not only turned around the Swedish brand’s fortunes but also set a template for the Chinese group’s international expansion and technological progress.
Carmakers in the US, Europe and Asia slashed output, cut jobs and scrambled to shift product mixes as the financial crisis hammered global demand in late 2008.
President Sergio Marchionne makes clear Ferrari will not pursue a stake in F1’s commercial rights, focusing instead on technical performance and the 2016 title challenge.