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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.
Infiniti competition Terms & Conditions
Mon, 01 Nov 2010The following Terms and Conditions apply to the “Win an Infiniti FX for a luxury weekend away” promotion (the “Promotion”) run on behalf of Infiniti (the “promoter”) and CAR Magazine. 1. To enter you must be at least 18 years old. 2. The Promotion is only open to UK residents.3. Entry is free and is via the completion of specified details on CAR Magazine’s website. 4. Promoter accepts no responsibility for entries that are incomplete, lost or not received for any reason.
Volvo confirms big production increase for V60 Plug-in Hybrid
Fri, 17 May 2013Volvo has been building around 150 V60 Plug-ins a week at its facility in Torslanda – alongside the regular V60, V70, S80 and XC90 – but that is now set to be upped to 282 cars a week for the rest of 2013, with plans to build at least 10,000 in 2014. The fact is that the V60 is a very appealing estate car already, and bolting a plug-in hybrid setup has turned it in to a big hit in showrooms because the barking mad official economy and emissions system bestows the V60 plug-in with emissions of just 48g/km, making it a real no-brainer in countries where governments blindly tax cars based on their official emissions. That means countries like Holland, where Volvo has received more than 3,000 orders for the V60 Plug-in, and the UK are lapping up the hybrid offering from Volvo as a way to escape big taxes and still have a swift (0-62mph in 6.1 seconds), appealing and stylish car.