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Tesla Motors announced it faces a shortage of U.S. tax credits for the Model 3, its first mass-market electric vehicle. It was said that, in the first week of orders, 325,000 people had placed refundable $1,000 deposits on the Model 3, a sedan starting at $35,000 with a range of 215 miles and up.As the company has struggled in the past to deliver products on time, some say that the announced crisis is an apparent one, seeing in this announcement a clever production strategy to squeeze more money out of the program for its buyers. Because of a limit on the number of Tesla cu...
The Insurance Institute for Highway Safety lead a study of the U.S. cars headlights to check their conformity to the official standards. According to the results of this study headlights on a third of U.S. midsize car models do a poor job, and only one, the Toyota Prius V, performed well enough with an optional upgrade to earn a good rating from the IIHS.Better headlights could reduce U.S. accident deaths and improve safety. Within the ratings of vehicle headlights, the insurance group tested midsize cars to see how well they illuminate the road and whether they create excessive glare for...
Using limited-edition buzz models to juice Jeep Wrangler sales has worked so well that the automaker is trying it out on pickups. Special editions are great for connecting with buyers in a unique way. Last week Ram introduced a Yellow Rose of Texas edition of its Ram 1500 light-duty pickup, with a Stinger Yellow paint job. The buzz model is a version of the half-ton's Lone Star trim level, which is sold only in Texas. The $495 paint job will be available in April. The new Ram 1500 Yellow Rose of Texas edition is a perfect example of how the company identify with custome...
The biggest U.S. carmaker General Motors raised its 2016 earnings outlook on Jan. 13 Wednesday as it follows up a banner year of U.S. sales with major product launches and touted the benefits of hard-won efficiencies.General Motors has put together a respectable string of sales strategies: 28 consecutive months of growth in commercial vehicle sales to companies.As GM pulls back from less-profitable sales to rental agencies, the company has channeled much of those resources into the more-lucrative business of selling pickups, vans and Chevrolet Malibus and Equinoxes to contractors, landscapers ...
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