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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.
Alfa Romeo/IED Gloria [w/gallery]
Thu, 21 Feb 2013The European Institute of Design (IED) in Turin will unveil its new Gloria concept, developed in collaboration with Alfa Romeo Style Center, at next month's Geneva motor show. These renders of the sports sedan concept, which is 4,200mm long, 1,920mm wide, 1,320mm high sitting on a wheelbase of 2,900mm, show a traditional Alfa grille that feeds into the hood's prominent V-shaped character lines. Two leather hood straps in front of the windshield are a nod to the brand's older models.
New Infiniti DX (Etherea) based on Mercedes platform to be built by Magna Steyr
Mon, 19 Dec 2011The new Infiniti DX is to be built in Europe by Magna Steyr It’s reported that Canadian-Austrian specialists Magna Steyr will build the new Infiniti DX Etherea from Mercedes A-Class components. It looks like the plans by Infiniti to build a production model of the Etherea Concept from this year’s Geneva Motor Show are pushing ahead, with reports that Magna Steyr – the Canadian Austrian specialist car builders – tasked with putting together what we expect to be the Infiniti DX. The DX is Infiniti’s big gun in its aim to take 10 per cent of global luxury car sales by 2016.