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UK Car Production Plummets

UK Car production down 47.5% in December [ad#ad-1] We knew that car sales had a rocky ride in the last quarter of 2008. And we knew that car makers across the world were cutting production levels to cope with the huge stock of cars they had. But figures just released show how dramatic the fall-off in car production has been.

Tesla set for record sales result

Innovative electric carmaker Tesla is set to announce that the last quarter of 2013 was the most successful for sales in the company’s history. As a young company with a well-respected product this doesn’t sound too surprising – until you learn that the anticipated results are said to be 20% better than Tesla had predicted. On Bing: see pictures of the Tesla Model S Find out how much a used Tesla costs on Auto Trader Tesla says it sold and delivered nearly 6,900 vehicles in the fourth quarter of 2013 – which is “approximately 20%” more than prior guidance.

Tesla Motors open-sources patents

Since Elon Musk founded Tesla Motors a decade ago, his electric car venture has been a thorn in the traditional auto manufacturers' side. Now, Musk has made another disruptive move by announcing he is scrapping the firm's patents. In a blog post on the Tesla website, he wrote "[the patents] have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.