After selling 120 cars in China in January, Reuters reports that Elon Musk has sent an e-mail to Tesla managers in China threatening firings and demotions if they can't show "a clear path to positive long-term cash flow."
Toyota is making more money than ever and is potentially on track to have the most profitable fiscal year in the company's history. Much of that success is due to the weak yen compared to other currencies.
The R-Class may be produced in the US, but though it's not available here any more, it hasn't been killed off entirely. It's still available in China, but now Mercedes has awarded the manufacturing contract to AM General in South Bend, IN.
Subaru has decided not to open a joint venture factory in China with Chery, even if the Chinese government gave it permission. The Japanese brand looked at the numbers and decided that it would have to double its sales just to maintain the same profits from exporting from Japan. Growth in the Chinese market may also be slowing.
This year's Shanghai Motor Show has not ruled out banning promotional models that normally accompany cars on show stands, after models' racy attire at the 2012 Beijing Motor Show was chastised for having "a negative social impact."
Four years ago we posted on the three-wheeled foam car that made it to the round-of-four in X-Prize competition. Its inventor, Lon Ballard, created the vehicle for the sole purpose of lowering the number of road fatalities and has spent the intervening years refining the idea, and beginning pilot production of electric and gas-powered variants.
Volvo Cars may have been acquired by a Chinese automaker, but over at its former parent company, the tide of ownership has gone in the opposite direction as the Volvo Group has acquired 45 percent of Dongfeng's truck operations.
Reuters reports that BMW has agreed to pay its Chinese dealers 5.1 billion yuan ($820 million) to help them overcome huge inventories and poor profits last year. Audi and Daimler have are also subsidizing Chinese dealers with hundreds of millions of dollars as the local auto market slows down.