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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.

CAR 20 Most Wanted of 2014: VW Golf R

By the CAR editorial team First Official Pictures 17 December 2013 15:00 Everyone knows the Golf GTI: fun, practical, affordable, understated, it’s the default hot hatch. The Golf R is more complex: unravel its DNA and you’ll find traces of the four-wheel drive, supercharged Mk2 Rallye, the front-drive Mk3 VR6 with its 2.8-litre V6 and leather interior, the Mk4 and Mk5 four-wheel-drive R32 and the Mk6 R that ditched the potent V6 for a punchier, more fuel-efficient turbo four. It’d be a nightmare of a custody battle.

Volkswagen and BYD get cosy

VW and BYD have signed an agreement to work together on developing battery technology (BYD F3DM plug-in Hybrid pictured). Volkswagen has announced that it has signed a Memorandum of Understanding with Chinese car maker and EV specialist BYD to work together “in the area of electric mobility”. Seems sensible.