Not everything coming from the news box these days is happy. You can console yourself with the season but you know it's going to take more than that. These bad news come from the British are Mini, or rather the British at Prodrive. They handle the Mini Countryman rally project and they've got bad news in double figures. After having...
Fisker is clearly a company that knows luxury despite their startup status so knowing how to get hold of money is certainly no mystery to them. Their latest announcement however is totally surprising, especially since we haven't heard a peep out of them since they told us about making a business plan for a new lineup and the production start...
The Swedish at Volvo got the ultimate wake up call and in the end they made their comeback. Sadly, not the same can be said of their co-nationals at Saab. Saab's ability to handle their products, selling them and eventually making a profit isn't likely to be used for examples in business colleges around the world any time soon. The...
Remember that time about a couple of years ago when most of Detroit was on fire and everybody in America was out of money? Well actually, Detroit has been on fire for the last couple of decades and the focus back then was on how this town's car makers were all bankrupt. Since then, Ford's sales and profit went through...
Tesla Motors, the exclusive will start trading today on the NASDAQ Stock Market under the ticker of TSLA has already sold its shares and with quite a bit of a result. The company has already raised $226 million by selling shares above its forecast price range, according to the Securities and Exchange Commission filing. Tesla sold a total of 13.3...
Despite GM's issues with obtaining a loan from the German government, and in fact their decision to quit asking and go in alone after they were clearly rejected, Opel has an interesting announcement to make. Opel has announced that the Junior, their city car is still well under development and will be unaffected by the situation within the current economical...
