By TomiKilgore
Tesla Motors’ shares slid 0.6% in morning trade Wednesday, and hit a seven-month low of $192.65 earlier in the session.
Daily Archives: December 18, 2014
Tesla: Morgan Stanley cuts Model 3 volume estimates
Alfa readies high-performance engines
Alfa Romeo plans to introduce new high-performance engines, including a range-topping V-6, in a bid to reconnect the brand to its sporty heritage.
The first of the engines — two petrol units and a diesel — will debut in Alfa’s new midsize sedan that will be unveiled in June, supplier sources told ANE. The sedan will go on sale in 2016.
Mercedes promotes S-class plug-in’s zip
Mercedes-Benz’s marketing plan for the new S-class plug-in hybrid aims to show prospective buyers that going green doesn’t mean slowing down or paying more. Mercedes’ message emphasizes that the S 500 Plug-In Hybrid sprints from 0-100kph in 5.2 seconds while costing the same — €108,945 in Germany — as the S 500 with a V-8 gasoline engine that consumes more than three times as much fuel.
GM, Ford Woes Continue As Sales Weaken In Europe
By JAMES DETAR
INVESTOR’S BUSINESS DAILY
Sales of Ford and General Motors cars in Europe weakened in November despite a rise in overall number of vehicles sold there, losing market share to Volkswagen.
