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Shake-up at Tesla; a dozen UK orders
Thu, 16 Oct 2008By 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.
Nissan Qashqai n-tec introduced
Sun, 19 Apr 2009Nissan has announced a new version of its best selling Qashqai - the Nissan Qashqai n-tec But Nissan aren’t standing still with the Qashqai. They introduced the Qashqai+2 option to give seven seat capability to the Qashqai, and now they are beefing up option levels on the top of the range Tekna version, and introducing a new model – The Nissan Qashqai n-tec. The Qashqai n-tec slots in between the Tekna and the Acenta and brings a well-equipped extra version to the good handling compact SUV.
Saab seeking court protection from creditors? It adds up
Fri, 26 Aug 2011Saab seeking protection from creditors Another day, another Saab story. But the reports that Saab are to seek the protection of the courts in Sweden from the actions of creditors does ring true. And it does add up.