Mon, 13 May 2013 00:00:00 -0700
As if Tesla needed any more good news this month, first-quarter sales are in and the electric Model S outsold the Mercedes S-class, Audi A8 and BMW 7-series, according to “CNN Money.” In the first three months of 2013, Tesla sold 4,750 sedans while Mercedes sold 3,077 of the S-class, BMW sold 2,338 of the 7-series and Audi sent 1,462 A8s out of the dealership. The Model S does have its sticker price going for it. The base model can be had for $69,900 -- possibly less with tax incentives -- while the cheapest S-class goes for $93,255, the 7-series for $74,525 and the A8 for $73,095.
Wed, 08 May 2013 00:00:00 -0700
Van maker Vehicle Production Group -- recipient of a $50 million loan from the U.S. Department of Energy -- has suspended operations and is in the process of being sold, its former CEO said Wednesday. The Allen Park, Mich., company, which made MV-1 vans for the disabled, terminated about 100 workers and closed its offices in February.
Fri, 06 Mar 2009 00:00:00 -0800
“Absolute sacrilege”, they cried, when Porsche announced it was to make an SUV. “Too ugly to drive”, said Clarkson, despite his obvious incredulity at its abilities. Yet despite its inauspicious start in life, the Porsche Cayenne has gone on to be a huge success for Porsche, and the 250,000th Porsche Cayenne has just rolled off the production line at Porsche’s Leipzig plant..