Tesla is America's golden child. Its Model S sedan is hugely popular (and hugely stunning). Its earnings and stock prices are up. And now, it's being hailed as America's leading eco-minded company, thanks not only to its all-electric cars, but also to its battery technology, which could give a...Read More»
Ford released its second-quarter earnings report this morning, and among all the charts and bulletpoints, there's both good news and bad. We'll start with the good: Ford posted a pre-tax operating profit of over $1.8 billion. The company has now posted pre-tax profits for 12 consecutive quarters...Read More»
To say that things have been tough in Japan since the Tohoku earthquake and tsunami on March 11 would be a gross understatement. With thousands of lives lost, homes destroyed, families separated, and up to 150,000 living in shelters, it seems almost crass to talk about the effect on business. But...Read More»
Last month, BMW put together a fairly massive stunt: a projection onto Singapore's Suntec City Towers 2 and 3 featuring promos for BMW vehicles, including the automaker's Efficient Dynamics lineup and its new "Joy" theme (which, contrary to popular belief, is not replacing "The Ultimate Driving...Read More»
Violence erupted at a SsangYong plant in Pyongtaek, South Korea, when a group of over 900 striking union members took control of the facility over the weekend. Police had offered some protection for the 4,000 non-striking workers who remained inside, but officers had withdrawn by Saturday night...Read More»
And the winner is…Tupelo, Miss. For all the states that missed on Toyota’s latest plant—don’t worry, they’re like trains, there’s another one coming in six months. Is Ford finally getting its act together? Some sales are getting stronger, and a subcompact is...Read More»
Winding Road says the Honda Civic Type R is coming to the U.S. Driving other Hondas on a backgrounder event, the online magazine’s man in Japan got lots of “heavy hints” that the 220-horsepower hot Civic would cross the Pacific in 2010. The U.S. version would likely be a four-door...Read More»
DaimlerChrysler said this morning that it's approved a deal wherein China's Chery Automobile would build a compact car for sale by the Chrysler Group. The official release follows: The DaimlerChrysler Supervisory Board today approved the framework of a limited partnership to develop small vehicles...Read More»
Sunday's Detroit Free Press reports that our newly Democratic-controlled Congress is talking about taking on Japan's manipulation of the yen-dollar relationship, which accounts for a sizable portion of Japanese vehicle profits and competitive advantage over domestic models. Republicans, led by the...Read More»
The insular dictatorship in Myanmar, formerly Burma, has a plan to turn the country’s few vehicles into green machines. And it’s making sure the conversion happens—no matter how long it takes to refuel. An economic basket case, Myanmar, where the heat and humidity are nearly as...Read More»
