News Round-up: Jag Going Racing, Saab Has a Plan, Teslas Are Expensive

Mark Stevenson
by Mark Stevenson

This is the new News Round-up where we cover all the things you should know that may or may not deserve a headline on their own (or we may have simply run out of time to cover them). It’s similar to the “While Your Were Sleeping” news coverage, but not the same, hence the name change.

This morning, Jaguar announced they are going racing again, the automaker formerly known as Saab has a business plan and the Tesla Model X has a price spread that would make Porsche blush.

A company that doesn’t sell a single electric vehicle is entering Formula E

Jaguar will be entering the Formula E series next year with the goal of testing “our advanced technologies under extreme performance conditions,” said Nick Rogers, Jaguar Land Rover’s Group Engineering Director.

To date, Jaguar has not marketed an electrified vehicle and only shown its C-X75 hybrid-electric vehicle as a concept. (Land Rover, however, does have a hybrid in the U.K.)

Jaguar will work with Williams Advanced Engineering to run the team. The new team will make its debut this fall as part of the third season of Formula E.

The company formerly known as Saab plans* to sell five vehicles by 2018

National Electric Vehicle Sweden AB, or NAMBLA, is planning to build no fewer than five different models by the time the Pirelli calendar features tires wrapped in bags.

NEVS, which once had the right to build vehicle under the Saab name, then barely built anything, then lost that right, isn’t sure if it will be able to sell these new models under the Saab moniker. However, NEVS does own all the technology developed by the former Saab and it’s planning to build four of these new cars on the shelved Phoenix platform.

According to, the first vehicle will be an electric version of the 9-3 sedan with sales beginning in Sweden and China.

* I also plan to get rich by writing about cars, but that isn’t likely to happen.

Companies that sell pickups could see sales growth slow, maybe

With the U.S. Federal Reserve meeting to discuss interest rates, the low price of oil may begin to turn a corner after 11-year lows.

According to Reuters, crude oil prices opened higher today in anticipation of a rate hike. If rates are increased, that could have a negative impact (eventually) at the pump and in lending markets.

A crossover made by an electric vehicle company, that’s owned by the same guy who owns a space company, can be optioned with a stratospheric MSRP

The Tesla Model X, which can (eventually, maybe) be had in its base form for $81,200, has a top-end price that would make Stuttgart blush.

According to Talking Tesla (via AutoBlog), the electric crossover egg Model X with all options checked has a sticker price north of $150,000.

Your move, Porsche.

Auto companies bailed out during the recession are still being used as a political football in Michigan because of course they are

The Detroit News is reporting this morning that the state’s Democratic Party is using the auto bailouts, and opposition of them at the time from Republicans, to attack Republican presidential candidates. Would you expect anything less in the Mitten State?

During a visit to Michigan by U.S. Senator Marco Rubio, Democrats Party made sure to highlight his opposition to the bailouts that kept the lights on at General Motors and Chrysler, which later became Fiat Chrysler Automobiles.

From the Detroit News:

Democrats argue the survival and comeback of the two automakers is definitive proof the bailout worked; they view it as their defining issue for carrying Michigan next year for the seventh consecutive presidential election since 1992.

Workers at a company that produced a whole lotta dirty diesels have union vote certified

The National Labor Relations board has officially certified the unionization vote of 162 skilled trades workers at Volkswagen’s plant in Chattanooga, Tennessee. Volkswagen will challenge the ruling.

The workers, who were in favor of unionization in a 108-44 vote, will be represented by the United Auto Workers if the Volkswagen challenge falls flat.

Next up: the rest of Volkswagen’s 1,400 factory workers.

Mark Stevenson
Mark Stevenson

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  • Krhodes1 Krhodes1 on Dec 15, 2015

    Until Tesla has Porsche-like options such as contrasting color leather wrapped air vents for $1000, they are strictly amateur league in the options game. For the Tesla followers here, I had lunch with my Tesla-owning buddy today (Model S 60). And I got to give him a ride home when the Tesla refused to boot up after lunch. To their credit, Tesla is sending a truck for it from the MA repair facility (250 mile round-trip) to collect it, and I assume dropping off a loaner.

  • Tosh Tosh on Dec 15, 2015

    Hey, that Jag looks like a winner, right?! (ie, it looks like Mercedes F1 Team's Petronas livery... (boo)

  • Golden2husky Have to say he did an excellent job on the C7, especially considering the limited budget he was given. I am very happy with my purchase.
  • Marty The problem isn't range; it's lack of electricity in multi-unit building parking. All you need is level 1 - a standard 120v wall socket - and if you're plugged in 10 hours overnight you get 280 miles per week or more. That's enough for most folks but you can use public charging to supplement when needed. Installing conduit circuits and outlets is simple and cheap; no charge stations needed.
  • 2manyvettes Tadge was at the Corvette Corral at the Rolex 24 hour sports car race at the end of January 2023. During the Q&A after his remarks someone stood up and told him "I will never buy an electric Corvette." His response? "I will never sell you an electric Corvette." Take that Fwiw.
  • Socrates77 They're pinching pennies for the investors like always, greed has turned GM into a joke of an old corporate American greed.
  • Analoggrotto looking at this takes me right back to the year when “CD-ROM” first entered public lexicon