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Tracking device can also alert driver about a late car payment
Fri, 13 May 2011That buzzing noise you hear in the car could be more than a seatbelt reminder--it could be a payment reminder. Some dealerships install tracking devices in the vehicles of high-risk buyers. That makes it easier to track down the buyer--and the car--if the payments stop.
Saab funding from China likely delayed. Gets loan from North Street Capital
Thu, 20 Oct 2011Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.
Tesla planning car to take on Nissan LEAF – and maybe sell out to Apple
Tue, 28 May 2013Elon Musk is buoyed by the success of the Tesla S and the seemingly inexorable rise in Tesla’s stock which has allowed Tesla to repay its government loans way ahead of schedule. Now Musk has been getting adventurous in an interview with Bloomberg where he’s stated that the next plan for Tesla is to build a smaller, more affordable electric car that can take on the Nissan LEAF. Musk plans to stay in control of Tesla until plans for a news small EV are complete, and said: With the Model S, you have a compelling car that’s too expensive for most people.