Category Archives: General Talk

US auto sales rise in July as trucks, SUVs lead

New cars are displayed on the sales lot at The Ford Store in San Leandro, California on July 24, 2014

Major automakers Friday reported another month of strong US sales in July, with many of the biggest gains coming in trucks and sport utility vehicles.

Fiat shareholders approve Chrysler merger

feature : Fiat Lingotto Factory, Torino, Italy (1923)

Fiat shareholders today approved the automaker’s merger with Chrysler in a move that seals the end of Fiat as an Italian company.

New Hyundai i20 teased ahead of Paris debut

Hyundai New Generation i20
The first official design renderings of the car, which hopes to go toe to toe with the latest Ford Fiesta and Volkswagen Polo, have been released.

Mitsubishi’s quarterly profit gains paced by Europe

Europe was Mitsubishi Motors Corp.’s most profitable region in the fiscal first quarter ended June 30, the company said today.

Europe’s operating profit of 12.6 billion yen ($124.3 million) nearly tripled from the year-earlier period, as revenues soared 73 percent to $1.45 billion. Unit sales there rose 11 percent, led by the launch of the Outlander plug-in hybrid.

Tesla posts 2Q loss, prepares Nevada factory site

FILE - In this April 22, 2014 file photo, a worker cleans a Tesla Model S sedan before a event to deliver the first set of cars to customers in Beijing. Tesla Motors Inc. reports quarterly financial results on Thursday, July 31, 2014. (AP Photo/Ng Han Guan, File)

By DEE-ANN DURBIN

Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant.