Tesla Motors, which went public with much fanfare last June, nearly tripled its losses for 2010 as it invested heavily to engineer and get ready for producing the Model S, its second offering and the first that targets a broade…
Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
In the State of the Union address in January, President Barack Obama set a goal of getting 1 million electric cars on the road by 2015. Now he’s proposed $7,500 rebates, instead of tax credits, to reach that goal. Will that be …
Despite wintry weather across much of the nation, Americans were in a car-buying mood last month, boosting most automakers’ sales by double-digit percentages compared to a year ago. Analysts estimate that January’s sales reache…
General Motors sales rose 21.8% in January compared to a year ago on strong sales across its lines of passenger cars, “crossover” vehicles and trucks, the automaker said Tuesday. Each of the automaker’s four divisions recorded …