By on December 12, 2014

gm_mexico

General Motors will invest $5 billion through 2018 into its Mexican facilities to help double production capacity.

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By on December 9, 2014

Toyota Mirai in Red

Its looks leave the B&B cold, and is powered by a fuel whose infrastructure leaves a lot to be desired. So, how popular could the Toyota Mirai possibly be? Better than you’d expect.

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By on October 31, 2014

2011 GMC Acadia Denali

General Motors is gearing up to spend $63 million on expanding its Lansing Delta Township plant — home of the GMC Acadia, Buick Enclave and Chevrolet Traverse — as part of an overall $300 million improvement plan involving the automaker’s Michigan properties.

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By on October 27, 2014

2013-lincoln-mkz-awd-grille-and-badge-photo-490190-s-1280x782

Over the next five years, every Lincoln in the showroom presently will either be redesigned or replaced as part of an overall effort by Ford CEO Mark Fields to return to the premium brand to glory.

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By on October 27, 2014

2013 Toyota RAV4 EV, Exterior, Photography Courtesy of Alex L. Dykes

Daimler wasn’t the only to sell its Tesla shares last week, as Toyota has done the same with some of its shares in the company.

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By on October 23, 2014

Mercedes-Benz B-Klasse Electric Drive – Laden / Mercedes-Benz

Over five years ago, Daimler AG acquired a 9.1 percent interest in Tesla, gaining 1,000 battery packs for its Smart EV in exchange for helping to put the Model S on the road to production.

Wednesday, Daimler sold its remaining 4 percent in the company, netting $780 million for the trouble.

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By on October 16, 2014

2014 BMW i8 04

Though carbon fiber is being used more extensively in new vehicles, the high costs associated with building a vehicle out of the material have kept it to the likes of the Lexus LFA and BMW i Series. This could soon change, however.

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By on October 13, 2014

Super GT Panasonic Toyota Prius

Just how much will Panasonic throw down on the table when it comes time to invest in Tesla’s new Gigafactory near Reno, Nev.? According to CEO Kazuhiro Tsuga, “tens of billions” of yen.

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By on September 25, 2014

Tesla HQ

According to the financial overlords of Goldman Sachs, Tesla would need an $6 billion in capital within the next 11 years should its products become truly disruptive to the automotive industry.

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By on September 4, 2014

Tesla Gigafactory

After months of wondering as to where Tesla’s massive Gigafactory would end up, an answer could come as soon as 4 p.m. Mountain, when Nevada Governor Brian Sandoval and the automaker plan to hold a joint press conference in Carson City.

(Read More…)

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