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Mercedes SLS AMG Coupe Electric Drive (2013) news
Thu, 27 Sep 2012Mercedes-Benz today unveiled the new SLS AMG Coupe Electric Drive at the 2012 Paris motor show - the production supercar EV derived from the SLS E-Cell concept car. It thrusts Mercedes right into the thick of the race for green supercars, jostling for attention with the forthcoming McLaren P1, Ferrari Enzo successor, Honda NSX, Porsche 918 and Jaguar C-X75. However, Merc has leapfrogged many of its competitors since the SLS AMG Coupe Electric Drive goes on sale in summer 2013 exactly as you see here.
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.
Bankruptcy looms for cash-starved Saab
Tue, 11 Oct 2011The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.