By on October 25, 2019

Eager to minimize import costs, Tesla has made impressive progress laying down roots in China. The company secured a long-term lease on a 210-acre site near Shanghai in October of 2018. Ground was broken at the start of January, with the $5 billion facility estimated to begin producing cars as early as this November. While all of this effort was aimed at expanding the brand in Asia while minimizing costs, it’s not translating into a cheaper Model 3 for the Asian market.

Tesla, being Tesla, has decided to launch the Model 3 with a starting MSRP of $50,000. According to Bloomberg, that’s only 3 percent less expensive than the versions it had to ship across the ocean. Rather than attempting to build more budget-conscious variants, the automaker decided to offer all vehicles sold in China with Autopilot and additional standard content.  (Read More…)

By on October 22, 2014

300000_mercedes_sprinter_van_by_lexani_motorcars_boasts_a_full_sized_luxury_bedroom_iozxs

When Daimler begins production of its next-gen Sprinter, quite a few of the vans will be leaving an assembly line somewhere in North America.

(Read More…)

By on October 21, 2014

land-rover-discovery-sport-production-09-1

The United Auto Workers may soon need to add another transplant to convert as part of its Southern strategy: Jaguar Land Rover is considering setting up shop in the Southeastern United States as part of its global expansion plans.

(Read More…)

Recent Comments

  • JimZ: Um, 3-3.5 years is the typical product development cycle. The only difference in these cases is the companies...
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