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Hyundai & Kia to spend up to $395 million on lump sum fuel settlements
Fri, 27 Dec 2013Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.
Tesla ‘drops’ entry-level Model S. But was it ever going to be available?
Mon, 01 Apr 2013The 40kWh version of the Tesla Model S is being dropped by Tesla in the US, but we do wonder if Tesla ever had any intention of delivering it in the first place. Tesla’s big claim ahead of the arrival of the, very impressive, Model S – and a seemingly vital part of the US taxpayer funding Tesla to develop the Model S – was that they would deliver a car that cost under $50k, something the car industry thought impossible. But when the Model S was launched, Tesla did indeed have an entry-level model available with a 4okWh battery that was listed at $58,750 (taking it almost down to the $50k mark after the US taxpayer chipped in the EV bribe) so Elon Musk could, quite reasonably, claim Tesla had delivered.
New Lagonda Concept on the way
Fri, 13 Mar 2009The Lagonda Vignale Concept from 1993. More of a clue to the next Lagonda than the 2009 Geneva Concept? [ad#ad-1] It wasn’t exactly unreserved praise and delight that greeted the launch of the Lagonda Concept at the Geneva Motor Show.