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Tesla Model S warranty extended to 8 years for Drivetrain

Tesla Model S warranty extended to 8 years for Drivetrain The Tesla Model S – perhaps the only truly useable electric car – has taken the motoring industry by storm, and now it’s getting better still for owners as Tesla announce an extended warranty on the drivetrain of the Model S to 8 years, matching that of the battery pack. The warranty also applies retrospectively, so all Model S Teslas already in the hands of owners are covered – and the warranty can be transferred to as many new owners as needed – for a full 8 years, which is unlimited for the 85 models and 125k miles for the 60 models. It’s a strong response from Tesla after a number of long-term tests (by Consumer Reports and Edmunds in particular) produced a number on niggling problems, and standing behind their product so solidly – just as Hyundai/Kia did – may not take the niggles away but it will give comfort to prospective buyers (if not shareholders, at least in the short term).

Porsche plans a hybrid in every model line

Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. “In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said. Earlier this year, Porsche launched a hybrid version of its Cayenne SUV.

Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.