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Tesla loses $38 million in third quarter

Tesla 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.

Jaguar Land Rover open new engineering test centre in Dubai

Jaguar Land Rover are growing at a tremendous rate, and that means more and more testing of cars to make sure they can cope with the extremes of climate they’re subjected to by owners around the world. So as part of their growing test programme, JLR have extended their testing and engineering facilities in the Al Barsha area of Dubai so they can test durability, calibration and hot weather testing for heat and humidity as well as test the powertrains, chassis, HVAC and, as this is Dubai and it has plenty of sand, they can also give the Land Rover Terrain Response systems a proper workout. JLR has been hot weather testing in Dubai for more than 12 years – an area where temperatures can reach 50 degrees Celsius – and the new facility replaces a much smaller one in the same area, and joins Jaguar Land Rover’s other test facilities at the Nurburgring, Arjeplog in Sweden and Phoenix and International Falls in the States to ensure all JLR’s new cars get subjected to everything from extreme hot and cold to track work.

Skoda Fabia Monte Carlo Tech Edition

The Skoda Fabia Monte Carlo Tech Edition is a limited edition of the already limited edition Fabia Monte Carlo, with added equipment. We all understand that producing limited edition cars adds a bit of showroom gloss, with car makers adding something extra – and often unique to the model, to create a ‘Limited Edition’ with extra equipment to boost sales. But is it stretching things a bit far when a car maker takes an already ‘Limited’ edition car and bolts more goodies on to it to create a ‘new’ limited edition?