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Tesla Motors open-sources patents
Fri, 13 Jun 2014Since Elon Musk founded Tesla Motors a decade ago, his electric car venture has been a thorn in the traditional auto manufacturers' side. Now, Musk has made another disruptive move by announcing he is scrapping the firm's patents. In a blog post on the Tesla website, he wrote "[the patents] have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.
Hyundai rules out separate premium brand
Fri, 01 Apr 2011Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates. "There are no plans for Hyundai to make a separate brand," Vice Chairman Shin Jong-Woon said in an interview Friday at the carmaker's headquarters in Seoul, South Korea.
Mercedes F800 Style Concept: 2011 Mercedes CLS
Sat, 20 Feb 2010The Mercedes F800 Concept will be at Geneva and previews the 2011/2012 Mercedes CLS One of the biggest style successes in the car world in the last decade has been the four-door swoopy-coupe. And the whole genre started life – at least in a mainstream way – with the launch of the Mercedes CLS in 1994. It was Mercedes’ return to the ‘Executive Coupe’ market after a ten year gap (the W124 version of the E-Class Coupe) but broke new ground with its four-door configuration in a coupe body.