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SUV owners to pay more for parking

SUV drivers should get ready to pay more at the parking lot, especially in big cities. MarketWatch reported on Wednesday that parking lots are going the way of airplane luggage: Bigger means more expensive. The report found that Manhattan garages charge $10-$15 more per day for oversized vehicles.

Tesla opens its patents for everyone to share EV knowledge

By Michael Karkafiris Motor Industry 13 June 2014 10:43 Elon Musk, CEO of Tesla Motors and one of the most talked-about personalities in the automotive industry, announced today that his company has opened all of its patents to make way for the competition to catch up and promote electric mobility for a wider audience. Open-sourcing your patents is a rather unusual strategy in the automotive world but Musk says that ‘Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal.

Jaguar Land Rover say profits up again, but warns on Eurozone

Jaguar Land Rover profites rose by 7 per cent in the quarter to June end, but JLR warns that Europe’s financial woes will impact growth. Rising profits at Jaguar Land Rover are like Team GB Gold Medals – we’re starting to expect more every day. And JLR are still delivering.