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2015 Mercedes-Benz C63 AMG may pack 480 hp
Mon, 03 Feb 2014Mercedes-Benz's new-from-the-ground-up 2015 C63 AMG has reached a final stage of durability testing, with prototypes hitting public roads near company's technical center in Germany. The BMW M3-fighting four-door is will debut at the Paris motor show in September. The new twin-turbocharged 4.0-liter V8-powered performance sedan is set for North American sale exclusively in its rear-wheel-drive-only guise.
Tesla loses $38 million in third quarter
Wed, 06 Nov 2013Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.
Ferrari debuts 7-year free-maintenance plan
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