Top News:
- Tesla unveils $35,000-Model 3 with range of 215 miles – Reuters: Tesla Motors gave a sneak preview Thursday of its Model 3 sedan, saying more than 130,000 people had ordered the car, even though it is more than a year away from production.
- Vintage Nissan Skyline GT-Rs Are Here at Last, but They’ll Cost You – Bloomberg: The vintage cars were Nissan Skylines, from the early 1970s all the way through 2001. The Skyline was the grandfather of the original GT-R line that…
- Renault faces a long road back to Formula One dominance – FT: Ten years since its last Formula One world title, the world’s 11th-largest automotive manufacturer has returned to the sport. Renault has been involved…
- Tesla Model 3 Orders Surge Even Before Its Unveiling – New York Times: The new electric vehicle is “the final step in the master plan, which is a mass market, affordable car,” said Tesla’s chief executive, Elon Musk.
- LG Display to supply car displays for Tesla Model 3 – source – Reuters: LG Display will supply information displays for Tesla Motors’ new Model 3 sedans, a person with direct knowledge of the matter said, grabbing a key contract for centre consoles from another supplier.
- Tesla short interest hits record high – CNBC: “On the other hand, a great looking EV (electric vehicle) with a good driving range, a sensible price point and a tax break, now that’s quite a different…
- Tesla’s Model 3 Lives Up to the Hype – Bloomberg: Tesla has lifted the veil on its most important undertaking: the Model 3, a $35,000 car designed to bring electric vehicles and autonomous driving to…
- Tesla shares surge as Model 3 orders speed past estimates – Reuters: The Model 3 is more affordable than comparable cars from BMW AG and Mercedes, Galliers said, noting that BMW had sold 444,000 of its 3-Series …
- Analysts Warn about Dangers of Rising Incentives – Detroit Bureau: New vehicle sales booming, but the foundation for the record pace have some analysts concerned about the impact on profits. For more, go to TheDetroitBureau.com.
- 2016 Volvo V60 Polestar revealed – Autocar: Volvo has updated its hot V60 Polestar model with a 2.0-litre, 362bhp four-cylinder engine, which increases power by 17bhp and cuts weight by 20kg
- Affordable electric car is Elon Musk’s dream – FT: Elon Musk’s dream has been to build an electric car priced for the mass market with the driving range, styling and brand power to hold its own against…
- New Mercedes models for Bremen plant – Just-auto: Daimler announced the Mercedes-Benz plant in Bremen would produce the new GLC Coupe, just launched at the New York show, with the C-Class…
- Mahatir resigns as chairman of Proton, Group Lotus – Just-auto: Former Malaysian prime minister Mahathir Mohamad has resigned from his position as chairman of Proton Holdings and chairman of the company’s UK sports car subsidiary Group Lotus.
- Unaoil bribery scandal: Samsung, Hyundai, Rolls-Royce implicated in $1tn oil industry corruption – Ibtimes: Samsung, Hyundai and Rolls-Royce are among the companies that have been implicated in a major global oil industry scandal. The revelation…
- Volkswagen India suspends sale of Vento 1.5TDI manual, recalls 3877 units over CO emissions – Ibtimes: German car-maker Volkswagen’s Indian arm, Volkswagen Group Sales India Pvt. Ltd., suspended sales of the manual gearbox version of the Vento…
- Renault leads French March car sales higher for buoyant quarter – Reuters: French car sales rose 7.5 percent in March, the country’s main industry association said on Friday, led by Renault and a resurgent General Motors .
- BMW Drivers Are Out of Excuses as App Says When It’s Time to Go – Bloomberg: He’s also responding to customers who want seamless connectivity whether they’re in their vehicles or elsewhere, and to new competition from…
- A Ride in Tesla’s $35000 Model 3: Musk’s `Master Plan’ Realized – Bloomberg: With two cars available for test rides, three passengers at a time squeezed … architecture, new motor technology and a brand-new vehicle structure.