Ferrari will show its first hybrid production car this March at the 2010 Geneva Motor Show. The high-end hybrid specimen will be a gas-electric version of the carmaker’s eye-popping 599 GTB. It will also be the world’s first ready-for-market exotic hybrid.
The exact specs will not be known until the car is unveiled, but [...] [...]
No matter how efficient and green cars become, they won’t sell if gas stays cheap. That was the message from Mike Jackson, CEO of AutoNation, the country’s largest auto retailer. “There’s never been a more exciting time from a technical point of view about what’s going to happen to our [automobile] products,” said Jackson, [...] [...]
Regarding reports that the National Highway Traffic Safety Administration (NHTSA) has “approved” a plan for our pedal recall; it is Toyota’s understanding that NHTSA does not officially approve recall remedies. We have reviewed our plan with NHTSA and are finalizing details, which we will announce soon.
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Tesla Motors, the Palo Alto company that popularized the notion that electric cars could be sexy, filed documents with federal regulators Friday for an initial stock offering worth up to $100 million.
Tesla did not say when the offering might happen or how much its shares would cost. A company spokeswoman declined to comment.
The move had [...] [...]
Tesla Model S
One week after finalizing the terms for a $465 million low cost federal government loan, Tesla Motors on Friday filed for an initial public offering. The company’s strategy is to sell $100 million worth of stock, and with a new level of capital in its coffers, to focus its efforts on launching [...] [...]
The Tesla Roadster goes more than 200 miles (380 km) on a single charge. The average person drives about 40 miles (60km) in a day. This leaves a range of about 160 miles (257km) after an average day of driving in a Tesla Roadster. Meaning that at the end of the day when a Roadster [...] [...]
At the North American International Auto Show in Detroit Tesla had many stories to tell. We displayed three cars, each representing a facet of the Tesla story. VIN 1000 embodied a significant production milestone. The Road Trip Roadster, filthy from its drive to Detroit, was a testament to the durability and toughness of our [...] [...]
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