June 28th, 2010 by admin
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With IPO, Tesla bets on electric car’s future
Tesla Motors Inc. starts selling stock to the public on Tuesday. The sale’s success depends on how much investors are willing to bet on a car company that has never made a profit, sells a single vehicle and expects to lose money until at least 2012. As for… Tesla Motors – Electric car – Initial public offering – Business – Automobile
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Tesla IPO aims at battery car
Tesla Motors Inc.’s Elon Musk is trying to pull off the first initial public offering of a US automaker in a half-century for an electric sports-car company that’s lost money every year since its founding in 2003. The maker of the $109,000 electric Roadster bought by Brad… » Read more: With IPO, Tesla bets on electric car’s future
June 28th, 2010 by admin
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Tesla CEO Elon Musk To Sell Nearly One Million Personal Shares At IPO
One day before its scheduled IPO , Tesla Motors is increasing the allotment of shares that will be sold to the public from 11.1 million to 13.3 million, according to an a mendment to its S1 filing . The additional shares are being sold by existing shareholders looking to cash out at the IPO, including Tesla founder and CEO Elon Musk who is selling an additional 909,212 of his personal shares …
Read more on TechCrunch
Tesla Motors revs up $244 million IPO
Tesla Motors is wrapping up its sleek, high-performance electric cars for a much-anticipated public stock offering Tuesday. » Read more: Tesla hopes investors are charged about IPO
June 28th, 2010 by admin
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Tesla Motors Increases Electric Car IPO Size by 20%
Tesla Motors Inc., the electric sports-car company that’s attempting the first initial public offering by a U.S. automaker in a half-century, increased the size of its IPO by 20 percent.
Read more on BusinessWeek
Tesla Increases Shares Offered in IPO by 20% to 13.3 Million
Tesla Motors Inc., the electric sports-car company that’s attempting the first initial public offering by a U.S. automaker in a half-century, increased the number of shares that it will sell in its IPO by 20 percent.
Read more on BusinessWeek
» Read more: Tesla CEO Elon Musk To Sell Nearly One Million Personal Shares At IPO
June 23rd, 2010 by admin
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The 2010 Volkswagen GTI, codenamed “Mk6″ by enthusiasts, is the newest iteration of the hot hatchback that blurs the distinction between street car and track car. First dubbed “GTI” in 1976, this vehicle line has undergone a number of design changes in its history, with the most significant performance-based changes being clearly seen in the new Mk6.
Powered by a 200 horsepower turbocharged 4-cylinder, the GTI is an absolute rush to drive. » Read more: The 2010 Volkswagen Gti With 2.0L Inline-4
June 21st, 2010 by admin
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The engine in the 2010 model of the Mini Cooper Clubman is certainly an improvement from the model from 2009. While the differences are subtle, they serve to improve the vehicle’s power and average city and highway gas mileage.
Inside the 2010 Clubman is a turbocharged 1.6 liter, I4 engine. This car mixes power with power with ease, as the car is started with a push of a button and the throttle is controlled entirely through the vehicle’s electronic system. » Read more: 2010 Mini Cooper Clubman Gets Minor Adjustments for 2009
June 21st, 2010 by admin
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Who says a small car can’t have a high performance engine? The 2010 Mini Cooper offers three different engine options on its various models. Even with its base model, the engine in a Mini Cooper packs quite a punch out on the highway. Here’s a look at each of the engine options on the 2010 Mini Cooper.
1.6 liter four cylinder engine:
This engine is offered on Mini Cooper’s base model. Although it’s a base model engine, » Read more: 2010 Mini Cooper and the High Output Turbocharged 1.6 liter Engine
June 17th, 2010 by admin
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Buick Dealerships. A lot of manufacturers are trying to break the mold on the industry and establish a new reputation for affordability and dependability. Up until the recession and the subsequent failing of the Huge Three manufacturers, much of the industry was more concerned with keeping a consistent and static image in the face of the driving public. But new innovations in fuel technology and a changing overall dynamic in the industry has begun » Read more: Buick Dealerships In Ft. Myers Hear Of Affordably Priced 2011 Regal
June 15th, 2010 by admin
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Maybach 57 S and 62 S in Detail. Mercedes Car Group’s Maybach luxury vehicle brand has recently released their new automotive standards for their high-end and state of the art luxury sedans.
According to Mercedes Car Group in a recent company press release:
“All Maybach saloons are designed with meticulous attention to detail and built in a state-of-the-art “Manufaktur”. Moreover, these contemporary luxury saloons feature the most advanced » Read more: Maybach 57 S and 62 S in Detail
June 15th, 2010 by admin
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Maybach Phantom Murcialago M6 F430. Have you ever driven a Mercedes Benz or a BMW? Did it feel luxurious? If you answered yes to both of those questions then you are kidding yourself and you have never experienced a right luxury car. Luxury and Exclusivity go hand and hand. You can’t have one without the other.
Nearly 300,000 BMWs and nearly 300,000 Mercedes Benz autos were sold in 2007. With figures that high it’s hard to call those vehicles » Read more: Maybach Phantom Murcialago M6 F430
June 13th, 2010 by admin
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Maybach Car. The Maybach brand is bringing out the new Maybach Zeppelin to spearhead its luxury saloon model range. The newcomer represents the absolute zenith in the high-end luxury saloon segment.
This makes it a worthy successor to the legendary Maybach Zeppelin, which was revered worldwide as the ultimate in high-class automotive engineering in the 1930s. » Read more: Maybach Car: Maybach Releases Even More Exclusive 57 and 62 Zeppelin