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Mercedes-AMG GT shows off its interior in New York
Wed, 16 Apr 2014We're getting our first official look at elements of the upcoming Mercedes-AMG GT sports car ahead of an expected September debut. The new two-seater, originally rumored to be called the Mercedes-Benz SLC, indirectly replaces the SLS AMG, becoming the second stand-alone model to be conceived, engineered and produced by Mercedes' AMG performance car offshoot at its headquarters in Affalterbach on the outskirts of Stuttgart, Germany. Mercedes has controversially eschewed any traditional reference to one of its founders, Karl Benz, in the name of its new 500-hp-plus twin-turbocharged 4.0-liter V8-powered machine.
Audi Q5 Cabriolet rumours gather speed
Tue, 10 May 2011The Audi Q5 Cabriolet - another niche for Audi We all laughed when Audi brought us a Cabriolet SUV in 2007 with the Cross Cabriolet Concept. Who on earth would ever contemplate chopping the top off an SUV for anything other than a Concept we all said? Turns out that Nissan would. We first heard rumours about a drop-top Murano early last year and decided they were mad.
Tesla loses $38 million in third quarter
Wed, 06 Nov 2013Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.