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Toyota increases U.S. prices an average of 1.7 percent on most models
Fri, 01 Apr 2011Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models. The increases range from $65 for the small imported Scion xD, to $900 for two of its larger vehicles, the Toyota Land Cruiser and Sequoia SUVs, as well as several Lexus models.
BMW 4 Series stars at the 2013 Frankfurt Motor Show
Tue, 10 Sep 2013This is the first ever BMW 4 Series coupe, debuting here at the 2013 Frankfurt Motor Show. It’s BMW’s efforts to better separate and identify the 3 Series saloon and coupe models, so now the two-door coupe gets its very own ‘4 Series’ boot badge. We’ll cut to the chase, too – it’s good, very good.
Tesla gives away its electric car secrets for free
Fri, 13 Jun 2014Tesla Elon Musk, the CEO of the pioneering electric carmaker Tesla, has announced that the company is to "open source" all its technology patents in order to speed up the progress of electric car development. In an extraordinary press statement entitled 'All our patents are belong to you' – a reference to online memes and gaming culture, in case you were wondering – Musk has categorically stated that Tesla will not challenge any company that takes advantage of its technology when building rival electric cars. Tesla gives away electric car technology: will not sue Having recently reviewed the Tesla Model S, this sounds great news for the future of the electric car, but commercial suicide for Tesla as a business.