Tesla faces major capital spending as it expands globally, adds models and builds a large battery factory near Reno, Nev. Photo credit: BLOOMBERG August 19, 2015 – 6:05 pm ET (Bloomberg) — Tesla Motors Inc. said the underwriters of its…
Author: Self Drive Cars
Lexus fine-tunes LX, GS in return to luxury roots
The LX gets a dramatically updated interior and exterior, with a more aggressive version of the Lexus “spindle grille.” Future Product Pipeline MONTEREY, Calif. — Lexus, which has been busy in recent years proving its hipness to millennials, came to…
Ford hires exec who helped build up Buick in China
Joseph Liu has been named Ford’s vice president of marketing and sales in China. August 11, 2015 – 6:27 am ET BEIJING (Reuters) — A former General Motors sales and marketing executive, Joseph Liu, has joined Ford Motor Co.’s China…
In playful rivalry, Dodge pokes fun at Volkswagen Passat
In Dodge’s “Not So Fast and Furious” ad, a VW Passat overtakes a Dodge Challenger. This irks “Fast N’ Loud” star Richard Rawlings, who pulls over the Challenger driver for breaking “Dodge Law.” Related Stories Dodge has been throwing playful…
Fiat Chrysler U.S. posts second-quarter $598 million profit, down 3.4%
DETROIT — Second-quarter earnings at Fiat Chrysler Automobiles’ U.S.-based subsidiary fell despite higher revenues and vehicle shipments. FCA US reported net income of $ 598 million for the quarter. A year earlier, the company, then known as Chrysler Group, netted…
U.S. widens probe of car radios that may be vulnerable to hacks
August 2, 2015 – 7:37 am ET WASHINGTON (Bloomberg) — Harman International Industries Inc., which supplied car audio systems involved in a Fiat Chrysler Automobiles recall in July, has been asked for information on other radios that may be vulnerable…