In today's episode, the Tesla Model S gets a bit closer to the BMW 5 Series.
The Cadillac CT6 is finally making its official debut at the 2015 New York Auto Show as the flagship model in the luxury brand's lineup. The lightweight, aluminum-intensive sedan offers three engines, rear- or all-wheel drive and a host of opulent equipment inside to lure buyers.
Now you've done it, America. A new study by IHS Automotive has revealed that American motorists are turning to the high-riding style of crossovers and sport utility vehicles more than they are traditional sedans. Through May of 2014, IHS says that SUVs and CUVs account for 36.5 percent of new vehicle registrations. Sedans, meanwhile, cover just 35.4 percent. That represents a flip-flop from the same period five years ago, when the trusty four-door occupied 36.3 percent of registrations to the SU
It's not particularly unusual to see cheap cars in China, or those with designs stolen from foreign competitors, but increasingly the best-selling vehicles there would be very recognizable to just about any auto enthusiast. There appears to be one fact of life whether looking at car buyers in Sacramento, Stuttgart or Shanghai: People who can afford to buy premium cars often look first at the Germans.
To look at automakers' lineups these days, it would appear that America's large car market is enjoying something of a resurgence. After all, Chevrolet has invested in a new Impala, Toyota has its new Avalon, Hyundai fielded an all-new Azera for 2012, and Nissan is presently working on a next-generation Maxima.
Another ominous sign for Coda Automotive: multiple lawsuits filed by suppliers who claim they are owed money. This comes after Coda laid of about 50 employees in December and then furloughed a few more in January; news has surfaced of four lawsuits filed since June of last year.
On Friday, January 4th CODA furloughed a number of employees as the Company takes necessary action to bolster its financing and better position the business going forward. The Company has kept in place a sufficient number of staff to keep the Company operational and remains committed to the continued development and distribution of its products. During this period, CODA will continue to provide service to its dealers and customers. While unfortunate, we are confident this temporary action wil
It ain't easy creating a brand-new automaker from scratch. The fact that Elon Musk and Tesla have actually been able to bring not one, but two cars to market is in itself quite impressive. That said, the road has not been without its bumps, and Tesla is feeling some of the setbacks that come with being a fledgling automaker.
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