Tesla whose stock climbed fourfold last year, was slapped with a junk credit rating by Standard & Poor’s because of “considerable uncertainty” about its long-term prospects.
Monthly Archives: May 2014
Volkswagen’s US Sales Disaster Continues
In a week, the auto industry will, company by company, issue data on May sales in the United States. There will be a few constants. General Motors will keep it position as the top company based on US sales and market share. Pickups will dominant the list of top-selling models. And the disaster that is Volkswagen’s sales in America will continue.
General Motors to start exporting cars from India
General Motors India said it would begin exporting vehicles from the country and start selling a left-hand-drive version of its Chevrolet Beat hatchback to Chile in the first quarter of 2015.
Canada probing GM car fatal crashes amid complaints over faulty switches
Canada is probing two fatal crashes in General Motors vehicles which were subject to a recall to fix faulty switches and has received nine further complaints from drivers, the country’s top transportation official told Reuters on Monday.
