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Detroit auto show 2011: the CAR Live Blog from NAIAS
Fri, 14 Jan 2011CAR's review of the 2011 Detroit auto show - By Ben Oliver 3.30pm: Ian Robertson drives onto the stage in a Team USA-liveried Mini CountrymanCountryman sales are 30% above projected orders with 12,000 sold since launch, and the maxi Mini is now on sale in the US too. Marketing chief Robertson says 2010 was the best sales year ever with 234,000 Minis sold worldwide and sales were 8.1% up in the biggest market, the US. Launched 10 years ago at Detroit, Mini now has over 300,000 American owners, or 'fans' as Robertson's Facebook-savvy scriptwriter says.3.11pm: Big waves at HyundaiBP Hyundai's American boss John Krafcik introduces the new Curb concept, a cool Juke-sized crossover, and then the lovely little Hyundai Veloster (below).
Saab ends deal with Chinese investors
Mon, 24 Oct 2011Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.
Tesla gives away its electric car secrets for free
Fri, 13 Jun 2014Tesla Elon Musk, the CEO of the pioneering electric carmaker Tesla, has announced that the company is to "open source" all its technology patents in order to speed up the progress of electric car development. In an extraordinary press statement entitled 'All our patents are belong to you' – a reference to online memes and gaming culture, in case you were wondering – Musk has categorically stated that Tesla will not challenge any company that takes advantage of its technology when building rival electric cars. Tesla gives away electric car technology: will not sue Having recently reviewed the Tesla Model S, this sounds great news for the future of the electric car, but commercial suicide for Tesla as a business.