Category: High Finance

By on September 11, 2014

Tahoe Reno Industrial Center

Last week, Tesla and Nevada governor Brian Sandoval jointly announced the automaker would be bringing its Gigafactory to Reno. Now, it’s up to both houses of the state’s legislature to pull it all together with a $1.3 billion tax break.

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By on September 10, 2014

Couple + Salesman Sign The Contract Of Blood

The surge in United States auto sales last month could push the final figures to a height not seen since 2006 when January 2015 rolls around.

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By on September 9, 2014

Aston Martin Lagonda Prototype

Prior to becoming Aston Martin’s new CEO, former Nissan senior exec Andy Palmer proposed to the automaker to buy a stake in AM, only for Nissan to decline.

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By on September 5, 2014

Elon Musk and Brian Sandoval

It’s official: Tesla will build its Gigafactory in Nevada pending legislative approval.

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By on September 2, 2014

saab97

First, National Electric Vehicle Sweden was going to be taken to district court and forced to file bankruptcy. Then, it was spared. Then, it saw its application for creditor protection denied due to being “vague.”

Now? The application has moved forward, but at the price of the Saab name.

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By on September 2, 2014

Stolen Volvos in North Korea

Forty years ago, the North Koreans and the Swedes entered into an agreement where the latter’s socialist and industrialist interests aimed to bring recognition to the former’s regime while filling its pockets from the country’s mining industry. Part of this agreement included 1,000 Volvo 144 GLs, which were meant to be paid in copper and zinc.

But that was 40 years ago.

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By on August 27, 2014

Wendelin-Wiedeking

Former Porsche CEO Wendelin Wiedeking may be facing jail time in the future if convicted on charges of market manipulation recently revived by a German court.

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By on August 21, 2014

6a01348793456c970c01a511f66570970c-800wi (1)

The latest Q2 2014 data from Experian was released this week, and key metrics like repossessions, loan delinquencies and outstanding balances have all seen increases.

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By on August 19, 2014

Ford Labor Day Sale 2014

Hold onto your wallets: Ford and Chevrolet are getting the jump on Labor Day sales weeks in advance of what most consider the end of the summer season.

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By on August 19, 2014

saab-9-3-aero-sedan-my14-09-1

Remember when Saab’s new parent company was close to being taken to court and forced to declare bankruptcy by one of its suppliers? New information may have helped changed course.

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