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    Tesla reports increased revenue, but loses money on Model S development
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    Tesla Motors is happy with its third quarter results, which boast a 10 percent increase in revenue from last quarter's $28.4 million to $31.2 million, an improved gross margin of 30 percent from 22 percent previously, and a net loss of $34.9 million compared to its second quarter figure of $38.5 ...

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    REPORT: Tough times yield more insurance fraud cases
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    They're called owner "give-ups," and their rise is a sign of the tough economic times. Despondent over being financially strapped and unable to cover car payments, vehicle owners are ditching, sinking, or torching their vehicles and reporting the loss to collect insurance payoffs. According to ...

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    REPORT: Honda's $2.91 billion drop is first quarterly loss in 15 years
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    An operating loss of ¥283.0 billion ($2.91 billion at current exchange rates) for the period ending March 31 represents Honda Motor Company's first quarterly loss in 15 years. To put that into proper perspective, that was when Honda was plying the 1994 model year Accord wagon shown above. The ...

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    Ford reports 4th quarter net loss of $5.9 billion
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    Ford has so far been able to avoid suckling on the teat of the federal government like its cross-town rivals, but after today's announcement of a 2008 fourth-quarter loss of $5.9 billion, serious questions are beginning to arise about how FoMoCo will fair in 2009.This will be the third consecutive ...

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    Chrysler stands to lose $1b in 2007?
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    Steven Landry, Chrysler veep of North American sales, was speaking to a group of business students at St. Mary's University when he said that Chrysler will be taking in $64 billion in revenue this year and would spend $65 billion. It doesn't take an MBA to figure out that those quoted figures put ...

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    So Sad: Audi R8 mysteriously burns
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    While there were some R8s that burned in the development phase, Audi worked hard to massage the platform and make it production ready. These pictures are reportedly a mule, not a production R8 that went up in flames. Scuttlebutt has it that fuel spillage was the culprit here, though speculation of ...

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    Chrysler lost $1,111 per vehicle in 2006
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    For most managers, it makes sense that if you're losing money on every product you sell, then perhaps you're in the wrong business. Try telling that to the execs working for the Detroit 3, which on average lost a substantial $1,073 on every vehicle sold in North America last year. While GM and Ford ...

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    Eight is Enough: Ford expected to report eighth straight quarterly loss
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    Today Ford will report its second quarter earnings for 2007, and analysts expect the Blue Oval to ink another losing quarter in the books for the eighth time in a row. The No. 2 automaker in the U.S., for now, lost $282 million in Q1, and analysts expect Ford's aggressive use of incentives to sell ...

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    Don't let the door hitcha? - Investors call for spin-off of Chrysler
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    There have been rumblings of late in the halls of Stuttgart that the boys in Auburn Hills are an albatross around the neck of DCX. Dieter Zetsche and company are reportedly in it for the long haul and fighting the good fight for Chrysler, but investors cite thin patience while waiting for a profit. ...

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    Scratch that: Chrysler Group definitely not for sale... maybe
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    When speaking on behalf of a group, it's in everyone's best interest to have a common 'message' agreed upon before addressing others. This didn't seem to be the case yesterday, when rumors of DaimlerChrysler selling their latter, less profitable, half began circulating.DaimlerChrysler's CFO, Bobo ...

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