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Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

GM repays Government loans – sort of

GM Loans repaid early - or are they? We can’t deny that GM are making a pretty good job of rising Phoenix-like from the ashes of their effective bankruptcy. A new focus on cars that are relevant for our times instead of a fixation with dated products and dated management has certainly helped.

Alfa Romeo going to the USA

Alfa Romeo is going back to the US for the first time in almost 20 years We already know that the only Fiat making its way to the US is the Fiat 500, but it now looks as if a big chunk of the Alfa Romeo range will make the journey too. Sergio Marchionne, Fiat’s boss and the new head of Chrysler, has been working on rationalising Chrysler’s management and working out the best way forward. As mentioned, only the Fiat 500 will be offered for sale in America (and probably built in Mexico), with Fiat platforms being used to build new Chryslers that will be designed and built in the States.