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The great Tesla bubble of 2013
Thu, 03 Oct 2013Do I go too far out on a limb to suggest Tesla is the modern-day version of the Great Tulip Bubble of March 1637? Remember, that was when speculators drove prices of just-introduced tulip bulbs to astronomical heights. Some single bulbs cost more than 10 times an average working man's salary.
Cadillac ELR recall targets stability control software issues
Mon, 31 Mar 2014The 2014 Cadillac ELR is being recalled for an issue with its electronic stability control (ESC) system. According to NHTSA, the software for the car's electronic stability control system may inhibit certain ESC functions, and fail to alert the driver than ESC is partially or fully disabled. This could potentially give the driver no warning that ESC may be off entirely, which could result in a loss of control, increasing the risk of a crash.
Caterham reveals new SP/300R race car
Thu, 13 Jan 2011British specialty-car maker Caterham unveiled its new SP/300R sports prototype race car and a plan for creating a one-make series in 2012 on Thursday at the Autosport International Show in Birmingham, England. The SP/300R is powered by a supercharged 2.0-liter Ford Duratec four-cylinder engine. It produces 299 hp and 213 lb-ft of torque.