Browsing the "Industry News" Category

Samsung May Soon Enter The Electric Car Fray

August 17th, 2016 | by Steve Hanley

Samsung vice chairman Lee Jae Yong is dropping hints his company may be planning to build an electric car of its own to compete with Apple. Lee provided no details about the company's intentions.

Tesla Executive Says New Retail Stores Coming

August 16th, 2016 | by Steve Hanley

Ganesh Srivats, Tesla's vice president for sales in North America, hints that the company is ready to introduce a complete rethink of its sales model. As tantalizing as that may be, Srivats declined to offer any details or timeline.

New BMW Ads Make Fun Of Wait Time For Tesla Model 3

August 8th, 2016 | by Steve Hanley

BMW has released two new ads designed to get Tesla Model 3 reservation holders to stop waiting and buy a plug-in hybrid BMW 330e today instead of waiting. But the Model 3 promises to be more then just another electric car.

Tesla Confirms SolarCity Purchase

August 1st, 2016 | by Steve Hanley

Tesla has confirmed that it has completed its agreement to purchase SolarCity to create the world's first vertically integrated renewable energy company. The transaction is supposed to be complete before the end of this year.

Ford Warns Of Lower Second Half Earnings

August 1st, 2016 | by Steve Hanley

Ford says its business and profits may be down considerably for the rest of this year, due in part to new incentive programs needed to keep its F 150 pickup trucks selling in high volumes.

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