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, [...] [...]
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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. Visit @Toyota ACCESS to receive your [...] [...] 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 [...] [...] |
 
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