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Tesla loses $38 million in third quarter
Wed, 06 Nov 2013Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.
New diesel engine for revised Meriva
Fri, 11 Oct 2013VAUXHALL’s clever Meriva compact MPV is to benefit from a new 1.6-litre diesel engine. The quieter, smoother and more efficient engine replaces the aging 1.7-litre unit that had been in service across the Vauxhall, Chevrolet and other General Motors brands for many years. This is the second application for the new engine, following its debut in the much larger Zafira Tourer.
Race of Champions 2008
Tue, 11 Nov 2008By Ben Whitworth Motor Shows 11 November 2008 11:22 The KTM X-Bow has been signed up to star in the 2008 Race of Champions. The minimalist trackday special will be one of a number of cars in which competitors will lock horns at the annual motorsport extravaganza at Wembley Stadium on 13-14 December. The X-Bow open cockpit will, according to RoC organisers Fredrik Johnsson and ex-rally ace Michele Mouton, allow spectators at the adrenalin-fuelled two-day event to see the world’s greatest drivers from Formula 1, World Rallying, World Touring Cars and the Le Mans 24 Hours in full-blooded action.