Tesla Motors Delivers More Cars During Q2, But Loses $184 Mil
It’s business-as-usual in Palo Alto, California, with Tesla Motors once again delivering very mixed news.
It’s business-as-usual in Palo Alto, California, with Tesla Motors once again delivering very mixed news.
Chinese sales this year are slower than expected, prompting Audi to compensate its dealers for lost business.
Maserati is now the most prestigous and high-end brand in the Fiat portfolio.
McLaren Automotive CEO Mike Flewitt foresees a lot more electricity in the marque’s future.
Russia’s economy has been slowed by sanctions related to the Ukraine conflict.
A lot of riding on the new F-150.
The Palo Alto-based electric-car company lost $154 million over the quarter, out of $1.1 billion in revenue.
The auto giant’s greatest weaknesses include slumping North American sales at the VW brand, along with two other issues.
Some noteworthy news all-around.
Besides building desirable vehicles, the division is also a major profit center for The Blue Oval.
The German automaker recognizes how integral employer-employee relations are to attracting the best.
That would bring the electric automaker up to 55,000 deliveries total. Sounds ambitious.
The targets are the result of VW aiming to reach Toyota’s level of profitability.
According to an estimate, F-Series priced at $50,000 or more pulled in a whopping $10.8 billion in revenue in 2014.