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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.
London cabs voted 'world's best'
Tue, 05 Nov 2013LONDON has been voted the world's favourite city for taxis, as long as cabbies do not take "the scenic route". The capital topped a global list in five out of seven categories in a Hotels.com survey involving more than 2,600 respondents from 30 countries. The overall result meant London taxis were considered the world's best ahead of second-placed New York, with Tokyo third and Berlin fourth.
Banks Power joins Mike Ryan Motorsports for Pikes Peak run
Thu, 21 Mar 2013Gale Banks is heading back to the Pike’s Peak International Hill Climb on June 30. Banks has partnered with Mike Ryan Motorsports and his Freightliner Cascadia Class 8 semitruck racer. Semis race in the Pikes Peak Open class, which is reserved for cars and trucks that look stock from the outside but retain little of the original design.