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Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

Seat Ibiza (2008) unveiled

By Ben Pulman First Official Pictures 02 April 2008 22:13 Seat's new Ibiza – unveiled today in Barcelona – offers sleek looks from an ex-Lamborghini stylist and gadgets never before seen in the supermini class. The Ibiza is also the start of a new model offensive that Seat president Erich Schmitt hopes will double sales to 800,000 by 2018. Ex-Lamborghini designer Luc Donckerwolke penned the Ibiza’s striking shape.

Ferrari Racing Days back at Silverstone

Ferrari Race Day Silverstone After an absence of 5 years Silverstone is hosting Ferrari Racing days this September, including a Guinness World Record attempt. The last time there were Ferrari Racing days at Silverstone was 2007, so Ferrari fans will be delighted to learn that Ferrari are back at Silverstone in September for all kinds of Maranello goodness. There’ll be the chance to see a host of on-track stuff including F1 Clienti, FXX, 599XX, Ferrari Challenge Trofeo Pirelli and the Ferrari Club Challenge – the only place in Europe you’ll be able to see all that in Europe this year.