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Shake-up at Tesla; a dozen UK orders
Thu, 16 Oct 2008By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.
Toyota NS4 Hybrid Concept tease for Detroit
Tue, 20 Dec 2011Toyota NS4 Hybrid Concept teased Toyota are teasing a new hybrid concept car – the NS4 – ahead of the Detroit Auto Show in January. Today it’s Toyota’s turn to roll out the photographer they used last week to take photos of the Lexus concept for Detroit. This time it’s the Toyota NS4 being teased, and it looks like the photographer left his camera where it was after the Lexus shot and just rolled the NS4 in to view.
Drivers' 'huge petrol tax burden'
Mon, 03 Mar 2014BRITISH DRIVERS are still facing a huge petrol and diesel tax burden despite three years of fuel duty freezes, according to the RAC Foundation. The UK has the highest rate of diesel tax in Europe while only Sweden imposes a higher petrol tax duty than the UK, the foundation said. Its figures showed that tax accounts for 59% of the price of diesel in the UK, with Sweden (56%) second and Italy (55%) third.