Tesla Motors has signed a $60 million contract with Toyota Motor to develop an all-electric version of the popular RAV4 compact sports-utility vehicle, Tesla said Wednesday.
Continue reading Tesla and Toyota Te…
General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
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BMW is revamping its X3 model in a bid to catch up with Audi in the U.S. small SUV market.
The X3, a small compact SUV that includes optional in-car Internet access, goes on sale on Jan. 22, Bloomberg News said. The car will take on more than 3 inche…
Daimler AG (DDAIF) is recalling about 85,000 Mercedes-Benz cars in the U.S. to adjust their power-steering systems.
The adjustment is aimed to prevent the loss of power steering fluid, The Wall Street Journal said, citing a statement on the website of U.S. traffic authority NHTSA.
The recall affects the Mercedes 2010 C-Class and the 2010 and 2011 E-Class Coup and Cabriolet models….
Continue reading Daimler Will Recall 85,000 Mercedes Cars in the U.S.
Daimler Will Recall 85,000 Mercedes Cars in the U.S. originally appeared on DailyFinance on Mon, 11 Oct 2010 07:18:00.
Filed Under: Company News, Technology, Autos
The average price of regular gasoline jumped 8.23 cents in the last two weeks, fueled by a jump in crude oil prices.
The latest Lundberg Survey said that the price of a gallon of regular gasoline is now $2.77, The Associated Press reported.
San Francisco had the highest price of the cities surveyed, with a gallon of regular costing $3.08. Tucson, Ariz., had the lowest average…
Continue reading Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump
Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump originally appeared on DailyFinance on Mon, 11 Oct 2010 06:41:00.