Toyota Sells Between Zero and All of its Tesla Shares
The other day Daimler divested itself from Tesla and now Toyota has followed suit … sort of.
money
Ford’s Operating Profit Falls in Third Quarter
Third-quarter financial numbers are in and Ford’s figures have shrunk.
Fiat Chrysler Automobiles Makes Wall Street Debut
Fiat Chrysler Automobiles (FCA) made its Wall Street Debut today. The Italian company is working to shift its focus from Europe to the United States.
Chrysler Reports $619 Million Second Quarter Profit
Chrysler announced its second quarter and six-month financial results today, marking a profit of $619 million from April through June.
Should I Buy a Car with Cash?
The car-buying process is a frustrating chore; it’s stressful, takes hours of precious time and once you finally seal the deal you’re never certain if you got screwed like a box of Phillips-head fasteners. But before you sign your life away, is it better to finance a vehicular purchase or pay cash? Not surprisingly the...
California Considering Vehicle-Miles-Traveled Tax
California motorists that spend a lot of time on the road could be in for a shock. The state’s legislature is considering a bill that would explore a tax based on vehicle miles traveled or VMT for short.
Is Tesla’s Best Quality its Biggest Flaw?
Gad Elmoznino has been a Tesla die-hard since day one. He jumped in early, buying a Roadster and reserved a Model S the same day. Today he owns both and couldn’t be happier with either of the luxurious, sporty electric cars.
Johnson Controls Appealing A123 Sale to Wanxiang
Johnson Controls, the sole American bidder to U.S. battery maker A123, is appealing the company’s sale to Chinese firm Wanxiang Group.
Chinese Company Wins Auction for A123 Systems
A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems.
Champion Offers $125,000 in Racing Sponsorships
No matter what you race on, be it snow, ice, water or pavement, Champion will sponsor 15 winning speed demons, the most significant of which will be a $50,000 prize.
Millions in Money and Candy Spilled on Canadian Highway
Here’s a question: how do millions of dollars in gold-colored coins and tons of candy end up spilled on a highway? No, nobody tried to hijack the Lucky Charms Leprechaun. Instead, a serious crash occurred North of the border in Canada. A Brink’s tractor-trailer carrying millions of dollars in loonies and toonies (that’s what Canadians call...
Chrysler, Lancia Enlist Former Ferrari Designer For New Styling Direction
Chrysler is getting some Italian style thanks to former Ferrari designer Lorenzo Ramaciotti, 63, who will now be lending a hand at Chrysler and Lancia. Ramciotti was lured out of retirement to head up the project, which aims for a common design language for the two brands. “We are trying to find an international language, which...
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