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EV maker Coda trims staff
Wed, 12 Dec 2012Not much more could go wrong for electric-car maker Coda, which has struggled to sell its four-door EV in the United States since officially launching it here in March. But Web reports, first seen at www.plugincars.com, say the company laid off 50 employees, or 15 percent of its workforce, last week, mostly in the sales and marketing departments. Efforts by Autoweek to contact Coda have not been successful.
TVR set for 2015 comeback
Fri, 28 Jun 2013TVR's new owner, Les Edgar, has dated 2015 as the company's comeback, as they plan to have a two-car range costing 50,000-80,000 pounds ($76,155-$121,848). Having produced cars such as the Griffith, the Grantura, the Cerbera, the Chimaera, the Tuscan and the Sagaris, TVR hopes to continue and evolve this spirit after a production hiatus in 2006 due to ownership change. "It is a well-thought-out business plan, and at the root is the requirement to make money,” stated Edgar in an interview with Autocar.
Mitsubishi Concept-CX (2007): first official pictures
Fri, 31 Aug 2007By Ben Pulman First Official Pictures 31 August 2007 10:55 The Concept-CX looks like a Lancer supermini? Close, but no cigar. This is Mitsubishi’s Concept-CX and it shares the frontal styling (which the company describes as ‘a tight and powerful wedge’) and twin-clutch gearbox with the forthcoming Lancer Evo X.