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2012 Volkswagen Beetle guest stars on ‘Oprah'
Mon, 22 Nov 2010Volkswagen used the “Oprah Winfrey Show” to tease the 2012 Beetle, which arrives in showrooms next fall. A silhouette of the diminutive new car was shown on Monday on the TV show, and it's expected to have sleeker styling with a stretched-out roofline. That cue was also seen on the 2005 Ragster concept.
Tesla, Chrysler take federal loan payment dispute public
Thu, 23 May 2013Tesla CEO Elon Musk took to Twitter Thursday to respond to Chrysler's barb that Tesla wasn't the first American automaker to repay the U.S. government for aid. Tesla, which paid off the remaining $451.8 million on its 2010 Department of Energy loan Wednesday, received $465 million under the highly politicized Advanced Technology Vehicle Manufacturing loan program.
GM posts $2.5 billion profit, led by North America
Thu, 04 Aug 2011General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.