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Shares in electric sports car maker Tesla Motors Inc (TSLA.O) jumped 18 percent to a record high on Thursday, after surprisingly strong second-quarter results convinced investors the company has found a route to sustainable profits.
Aug. 9 , 2013BMW made a big announcement that it will launch its pure electronic auto I3 to Beijing, New York and London at the same time. After 4 days, Volkswagen issues sustainable traffic solution, which is taken as its new energy strategy countermove.
Aug. 9 , 2013Honda North America intends to invest another $180 million in its Anna, Ohio, engine plant to boost aluminum die-casting and engine parts production.
Aug. 8 , 2013Don Butler, the Cadillac vice president in charge of charting the brand's global growth strategy, has resigned from General Motors, effective today.
Aug. 7 , 2013Chrysler and Fiat will not invest in electrified powertrains until consumers are willing to step up and pay for the technology, said Bob Lee, head of Fiat and Chrysler global Powertrain. Read more: http://www.autonews.com/article/20130806/OEM01/130809910#ixzz2bFKrd9RM Follow us: @Automotive_News on Twitter | AutoNews on Facebook
Aug. 7 , 2013On August 5, BMW Brilliancesubmitted record of the recall plan with AQSIQ. It will recall 150 thousand China-made long wheelbase 5 series limousine initially. The main reason for recalling is because of the EPS potential problem. BMW Brilliance told media that it has not received any complain, but the problem was found during product check.
Aug. 7 , 2013