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Tesla Motors posts first quarterly profit in its 10-year history
For the first time in its 10 year history, electric car maker Tesla Motors Inc. turned a quarterly profit, beating analysts expectations for sales of its pricey luxury sedans. The Palo Alto automaker on Wednesday reported net income of $11.2 million, or...
Tags: Sports Cars, Passenger Cars, Nissan Motor Co., Hybrid Vehicles, Tesla
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Record exports mean U.S. summer gasoline prices won't be much lower
Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas. That's behind what would normally just be a good news...
Tags: Economy, Business and Finance, Ford, Market and Exchange, Petroleum Industry, Hybrid Vehicles
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1911 streetcar congestion
FrameworkOct. 1911: Main street north of the Pacific Electric Building is congested with streetcars, pedestrians and vehicles.... -
BMW joins automakers recall for air bags that could spray shrapnel
BMW is recalling 42,000 of its model year 2002 and 2003 3-series cars because of front-passenger-side air bags that may not inflate properly in a collision, the automaker said Monday. BMW is the latest to join a group of five other automakers that...
Tags: Toyota, Hybrid Vehicles, Product Recalls, Nissan, Mazda
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GM recalls more than 38,000 Chevy, Buick hybrids due to fire risk
General Motors announced Monday it’s recalling more than 38,000 Chevrolet and Buick eAssist light hybrid cars for a potential fire issue. The automaker said circuit boards in the trunk can potentially overheat, causing the cars’ 12-volt...
Tags: Jaguar, Hybrid Vehicles, Chevrolet, Buick, Porsche
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Tesla drives California environmental credits to the bank
When Tesla Motors reports its first-ever profit Wednesday, much of the money will come courtesy of the state of California. In its zeal to push electric cars into the market, the state has created a system in which Tesla can make as much as $35,000...
Tags: Chrysler, Toyota, Fiat, Passenger Cars, Petroleum Industry
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Sitting down with Ian Callum, Jaguar's style master
Jaguar’s design director, the Scottish-born Ian Callum, was in Los Angeles in late April to accept the BritWeek Design Icon award for his contributions to British design. BritWeek is an annual celebration of British contributions to architecture...
Tags: Land Rover, Ford, Ferrari, Passenger Cars, Architecture
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Nissan, in bid to build market share, cuts price on seven models
Nissan Motor Co. is cutting the sticker price on seven of its 18 models in the U.S. Nissan is hoping that the change will help the cars and SUVs show up more prominently on shopper search websites such as AutoTrader, Edmunds and Kelley Blue Book. Some...
Tags: Prices, Nissan Motor Co., Passenger Cars, Hybrid Vehicles, Infiniti
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New Toyota FJ Cruiser recall due to headlights that may blind drivers
Toyota is issuing another recall of FJ Cruiser SUVs. This time, the automaker is recalling 11,489 of its model year 2007-2013 Cruisers because of a headlight problem that could blind oncoming drivers. In March, Toyota recalled 209,000 Cruisers because...
Tags: Toyota Recalls, Jaguar, Toyota, Hybrid Vehicles, Manufacturing and Engineering
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Electric car maker Coda files for bankruptcy, will go up for sale
Coda Automotive Inc., the Los Angeles-based electric-car maker backed by billionaire Philip Falcone, has filed for bankruptcy and will put itself up for sale. Coda listed assets of no more than $50 million and liabilities of up to $100 million in the...
Tags: Chrysler, Economy, Business and Finance, Companies and Corporations, Ford, Passenger Cars
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Bill would create 'Made in California' label
SACRAMENTO — A "Made in USA" label has long been seen as an advantage in marketing a product. Now there are in-state manufacturers that want to see the adoption of an official label that declares Made in California. State Sen. Ellen M. Corbett...
Tags: Hybrid Vehicles, Ellen M Corbett, Car Safety Tips and Advice, Tesla Motors, Inc., U.S. Senate Committee on Appropriations
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Chrysler's first-quarter profits dip, expenses for new models rise
Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million. The automaker’s earnings were hurt by higher expenses to launch new models and slower business in Europe and South America. Revenue fell 6% to $15.4 billion...
Tags: Chrysler, Ford, Media Industry, Fiat, Financially Distressed Companies
May 9, 2013
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