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Geely's new Shanghai design studio at the center of four-studio operation
Thu, 27 Mar 2014Geely Group's new central Shanghai Design Center is the global hub of its four-studio design operations. The facility on Guozhan Road, Pudong New District was formerly the site of the Central American Union Pavilion during the 2010 Shanghai EXPO and was chosen for its potential for growth despite its downtown location. The 3,800 square meter studio will be home to around 110 staff – both local and international – over the coming months, as part of the company's ongoing recruitment drive as it strives to be seen as one of the leading Chinese players.
Tesla loses $38 million in third quarter
Wed, 06 Nov 2013Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.
Is Lamborghini Urus the name for the Lambo SUV?
Thu, 19 Apr 2012Is the Lamborghini SUV going to be the Urus? With the Beijing Motor Show starting next week – and the Lamborghini SUV due to debut – Chinese media claim it will get the Urus badge. We’ve had plenty to keep us amused with the new Lamborghini SUV, including a review of Lambo’s SUV from an American Lamborghini dealer who’d been to a private viewing.