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Porsche refreshes Panamera lineup, adds plug-in hybrid
It’s nip-and-tuck time for Porsche’s Panamera sedan. A midlife refresh will give 2014 models an updated look, a long wheelbase option and new engine choices, including a turbocharged V-6 and a plug-in hybrid. All three variations will make...
Tags: Porsche, Passenger Cars, Sports Cars, Luxury Vehicles, Car Engine Repair
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Herbalife CEO was paid $10.3 million in 2012, down 58%
Herbalife Ltd. Chief Executive Michael O. Johnson was paid $10.3 million in 2012, a 58% cut from the $24.6 million he received in 2011, Herbalife said in a regulatory filing. Johnson, 58, a former Walt Disney Co. executive, has served as chief of the...
Tags: The Walt Disney Co., Companies and Corporations, Africa, Economy, Business and Finance, Mutual Funds
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Tesla Model S sales exceed expectations as company predicts profit
This post has been updated. Please see below for details.Tesla sales of its Model S electric sedan have exceeded the target that the Palo Alto-based automaker set in February, giving it enough of a boost to claim its first quarterly profit. Tesla has sold 4,750 Model S cars or about 250 more than the February...Tags: U.S. Environmental Protection Agency, Passenger Cars, Kelley Blue Book LLC, Tesla, Tesla Motors, Inc.
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Tesla Motors, banks arrange buyback deal for Model S electric car
Tesla Motors has worked out a deal with several banks to sell its pricey electric sports sedan with a guaranteed buyback after 36 months. The transaction is meant to be competitive with leasing, a key component of luxury auto sales. In a lease,...
Tags: Jaguar, Mercedes-Benz, Kelley Blue Book LLC, Tesla Motors, Inc., Vehicles
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General Motors, Ford and Chrysler post strong March auto sales
March looks to have turned out to be one of the biggest months for auto sales in nearly six years. The industry sold almost 1.5 million vehicles in March, about 5% more than the same month a year earlier and likely the most since the 1.6 million sold in...
Tags: Heavy Engineering, Car Allowance Rebate System (2009), Chrysler Group LLC, Vehicles, Ford Motor Co.
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As potential investors back away, Fisker retains bankruptcy law firm
Unless its celebrity customers such as teen idol Justin Bieber and actor Leonardo DiCaprio want to put a lot of their own cash into the business, it looks like hybrid sports car company Fisker Automotive is nearing the end of the road. Fisker has...
Tags: Justin Bieber, Tesla Motors, Inc., Vehicles, Business Enterprises, Marketing
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Fisker Automotive furloughs employees to conserve cash
Fisker Automotive Inc., the beleaguered maker of high-end electric cars, is furloughing employees for a week to conserve cash. Callers to Fisker's Anaheim office were greeted Thursday with a voice message advising that the office was closed Friday,...
Tags: Layoffs and Downsizing, Auto Shows, Dodge, Career and Workplace, Manufacturing and Engineering
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Review: Tesla's electric Model S is a truly competitive premium sedan
The Tesla Model S may be a silent car, but other automakers will no doubt hear it coming. In its first crack at a premium sedan, the Silicon Valley electric-car maker has matched or beaten the likes of the Audi A7 or Mercedes-Benz CLS — products...
Tags: Nissan, U.S. Environmental Protection Agency, Mercedes-Benz, Audi, Tesla Motors, Inc.
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More expertise needed to bridge electric car, hybrid learning curve
Supporters of green-car technology like hybrids, plug-in hybrids and electric cars say they were happy to hear that automakers like Ford and Honda are expanding the number of dealerships who can sell those cars. Honda's 2013 Honda Fit EV, launched in...
Tags: Prius, Vehicles, Ford Motor Co., Honda, Highway Transportation
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Lexus has bikini models strut in Sports Illustrated swimsuit issue
It is like having a “booth babe” come out of the print advertisement. Overseas, Toyota has used a cross-dresser to sex up its advertising. Now the Japanese automaker, known for its conservative cars, is leveraging Sports Illustrated’s...
Tags: Sports, Mercedes-Benz, Akio Toyoda, Vehicles, Social Media
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Southern California sees record one-month rise in gasoline prices
Southern California has seen its biggest ever one-month rise in gasoline prices, according to the Automobile Club of Southern California's weekend gas watch. The average price for a gallon of regular gasoline in the varying regions of Southern...
Tags: Gasoline Industry, Car Repair and Maintenance Tips, Petroleum Industry, Passenger Cars, Prius
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Tesla CEO Elon Musk disputes N.Y. Times article on Model S range
Tesla co-founder and CEO Elon Musk on Monday assailed a recent New York Times article detailing problems with the range of the company's Model S sedan. The article, published over the weekend, was a first-person account of a drive from Washington, D.C.,...
Tags: Highway Transportation, U.S. Environmental Protection Agency, CNBC (tv network), Passenger Cars, Tesla
Apr 4, 2013
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Mar 29, 2013
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Feb 21, 2013
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