Toyota launched a car-sharing service in France Oct. 1 that may be expanded to other cities after a three-year trial.
Daily Archives: October 16, 2014
Tesla shares: Time to Buy?
By Ben Levisohn
The key to going fast is to “speed smart cause we don’t want to wreck,” Daniel Johnston sang in “Speeding Motorcycle.”
Test Driving the $34,000 Tesla-Wannabe Motorcycle
BY Matt Miller
Tesla has built a well-known brand of high-end electric automobiles…but when it comes to electric motorcycles, no company has reached Tesla’s status.
Bondholder, Schroders Plc, opposes Schaeffler loan restructuring
Schaeffler’s proposed changes to terms governing $7.9 billion of high-yield bonds, including a new €1.8 billion ($2.3 billion) loan, are being opposed by Schroders Plc., which manages some of the supplier’s debt.
Investors must decide by Thursday whether to increase the company’s debt-to-earnings ratio and approve the new €1.8 billion ($2.3 billion) loan, according to documents seen by Bloomberg News.
Toyota recalls 1.67 million Toyota, Lexus cars
By Maki Shiraki
Japan’s Toyota Motor Corp said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake’s performance.
