Subaru of America reportedly found it necessary to disavow itself from the Forester Ultimate Customised Kit Special edition that was displayed at this year's Singapore Motor Show.
Tesla's global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019. Tesla, based in Palo Alto, California, had earlier projected deliveries of between 360,000 and 400,000 units worldwide last year. Shares of Tesla Inc. rose nearly 2% in premarket trading Friday to $438.44.
Global concerns about climate change are not stopping General Motors from making large SUVs for U.S. drivers. GM on Tuesday rolled out the next generation of its big truck-based SUVs with more space and features. The 2021 Chevrolet Tahoe and Suburban will come out in the middle of next year.
Tesla opened preorders immediately, however, and allowed potential buyers to book the truck by depositing just $100, compared to the $1,000 Tesla charged for booking Model 3 sedans in 2016, drawing the flood of reservations and sending the company's shares back up on Monday. From touting the features of the new vehicle to taking a dig at Ford rival F-150 pickup truck, Musk has been tweeting furiously to boost sales since Thursday's launch. The billionaire has long been using his 30 milli
FRANKFURT/HANOVER (Reuters) - Volkswagen has postponed the final decision whether to build a car plant in Turkey, the company said, amid international criticism of the country's military operation in Syria and concerns about potential reputational fallout. "We are carefully monitoring the current situation and look with concern at current developments," a company spokesman said on Tuesday. Earlier this month, Volkswagen established a subsidiary in Turkey's western Manisa province,
Ford Motor Co said on Monday it would invest $50 million upgrading a Chicago facility to partially assemble hybrid electric SUVs and vehicles for police use, creating 450 jobs. On Friday, Ford said it would lay off about 200 workers in September at a Canadian manufacturing plant in Oakville, Ontario, with more layoffs possible in January, because of slowing sales of the sedans that the plant manufactures. Last week, Ford also kicked off talks on a new four-year contract with the United A
And shows a new logo, too.