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Tesla repays government loans – a first, say Tesla. Chrysler disagree.
Thu, 23 May 20132013 is turning in to a very good year for Tesla. The Tesla Model S has had more praise heaped on it than almost any car ever has, they are making an operating profit and their shares are going through the roof. So with the stars aligning for Tesla they’ve taken the opportunity to pay back $465 million of US Department of Energy loans, nine years early.
CPP announces new Jensen Interceptor
Wed, 21 Sep 2011Coventry Prototype Panels is on an impressive roll. Following heady investment from its Russian investor and a passionate drive from its founder and Managing Director, Brendan O'Toole, the coachbuilding specialist has expanded rapidly over the past two years, acquiring brands and forming partnerships. The latest chapter in the ongoing development of the company aims to resurrect not only the Jensen brand, but also its most famous creation: the Interceptor. The new car, set to publicly unveiled in late 2012, has been penned by Coventry-based design consultancies and echoes the original built between 1966 and 1976.
Study Highlights Perils Of Distracted Driving
Thu, 02 Jan 2014IF YOUR mind has ever wandered when behind the wheel you’ll likely relate to this latest study of driver behaviour. According to the Eunice Kennedy Shriver National Institute of Child Health and Human Development in Maryland, USA, motorists typically have their eyes off the road for a tenth of the time they are driving. Worryingly, for 10 per cent of their journey they are eating, reaching for the phone, texting or engaged in other activities that cause concentration to wander away from what is happening beyond the windscreen.