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As Tesla taps capital markets for cash, share price could top $100
Tesla Motors shares are trading at about $90 and could easily top $100, buoyed by its ability to tap capital markets for about $1 billion through its announced sale of stock and convertible notes. It is an impressive performance that will help the...
Tags: Manufacturing and Engineering, Tesla, Hybrid Vehicles, Nissan, Morgan Stanley Dean Witter & Company
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Car Promises That Weren't Kept
KickingTiresEver wonder what happened to events in the auto industry that were supposed to occur but didn't? You might have seen a news story on a site like ours of a promise by an automaker that sounded legitimate with lots......Tags: Manufacturing and Engineering, Hybrid Vehicles, Auto Shows, SUVs and Crossovers, Barack Obama
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European shares near peaks, carmakers rally
Reuters* FTSEurofirst 300 flat * Earlier losses spark buy on dip interest * Autos cheered by car, tyre sales data By Toni Vorobyova LONDON, May 17 (Reuters) - European shares held near multi-year highs in volatile trade on Friday, with some investors using...Tags: Manufacturing and Engineering, Automotive Equipment, Michelin Group, Services and Shopping
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European car sales end losing streak, respite may be brief
ReutersFRANKFURT/LONDON (Reuters) - Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to achieve. A pick-up in Germany and Spain in addition to...Tags: Manufacturing and Engineering, Automotive Equipment, Germany, Services and Shopping
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Tesla to raise $830 million from investors, repay U.S. debt
Fresh off its first profitable quarter, Tesla Motors Inc. plans to raise about $830 million in a stock and debt offering that will enable the electric car maker to pay off its $465-million federal loan. Founder Elon Musk, who owns 33 million shares,...
Tags: Tesla, Manufacturing and Engineering, Hybrid Vehicles, Politics, Elon Musk
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Few compact SUVs fare well in crash tests
Most compact sport-utility vehicles scored poorly on an insurance industry test that measures damage from front-end collisions with fixed objects such as a tree or pole. Of the 13 models tested, only the Subaru Forester earned an overall rating of...
Tags: Auto Trends, Consumers, Services and Shopping, Science and Technology
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Fiat moving to the U.S.? Chief has hinted at why it might make sense
Reports out of Europe suggest that Fiat SpA, the 114-year-old Turin, Italy-based automaker, has a headquarters move to the U.S. under consideration. If it happens, the move would likely occur after Fiat's planned merger with Chrysler Group. It would...
Tags: Manufacturing and Engineering, Fiat S.p.A., Hybrid Vehicles, Sergio Marchionne, Chrysler
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Better than used: Certified pre-owned cars more popular, report says
Used car sales were down overall in the first quarter of 2013, but certified pre-owned cars are more popular than ever, Edmunds.com says. Sales of certified pre-owned cars or CPOs, as the auto industry refers to them, were up 6.2% in the first quarter,...
Tags: Manufacturing and Engineering, Acura, Automotive Equipment, BMW, Mercedes-Benz
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16 food trucks applied to be part of the Taste
RedEyeA total of 16 food trucks submitted applications to be part of this year's Taste of Chicago, the city said Thursday. This year's food fest, scheduled for July 10-14 in Grant Park, will include licensed food trucks for the first time. The trucks will...Tags: Restaurants, Taste of Chicago, Grant Park, Lifestyle and Leisure, Dining and Drinking
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More young adults shedding debt
Shalom Klein and his wife, Elisheva, of Skokie, both 23, are avoiding debt by sharing a used car that they have paid for, renting until they can afford to buy a house and paying off their credit card balance every month. Their undergrad college bills...
Tags: Personal Finance, Credit and Debt, Homes, Rentals, Services and Shopping
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Wakarusa RV plants to move in August
South Bend TribuneWAKARUSA -- What looked so promising in 2012 with Monaco RV adding 400 jobs in Wakarusa is now moving in the opposite direction. In August, the company will ramp down its operations at its Monaco RV and Holiday Rambler plants and move operations to...Tags: Navistar International Corporation, Economy, Business and Finance, Monaco, Thor Industries Incorporated, Finance
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Does Reliability Affect Luxury-Car Sales?
KickingTiresLuxury cars have moved past the days of the ignition-challenged Jaguars in AMC's "Mad Men," but many still have faults. The Mercedes-Benz M-Class and Buick LaCrosse rate below average in Consumer Reports' reliability surveys; the Lincoln MKX, BMW X3, BMW....Tags: Manufacturing and Engineering, SUVs and Crossovers, Hyundai, Luxury Vehicles, Buick
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Blog| Cars.com
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 15, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| RedEye
May 15, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| South Bend Tribune
May 15, 2013
|Blog| Cars.com
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