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  • Tesla deliveries miss forecasts again on production delays
    03 Jan 2017

    Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units.  Musk has a history of setting ambitious targets and timelines for Tesla a...

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  • The 2017 Bentley Bentayga gets recalled
    27 Nov 2016

    Even though the number of 2017 Bentley Bentaygas which are going to be recalled is low, we still are wondering what was the main issue for such an act. Considering only 378 vehicles were built those 88 vehicles recalled are the fourth part of them, which means there was a reasonable issue for the recall.  In a short term since the cars are on the sale a problem with seat and instrument panel joints which improperly tighten was discovered. Essentially, the big, expensive SUV has a few screws loose. This was discovered when a routine systems check revealed missing torque data for 88 ve...

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  • Forget about dealerships' revolution, and wait for the evolution
    16 Nov 2016

    Over the next 10 years expect the car dealerships to have a evolution, but don't let yourself get tricked it's not gonna be a revolution. The changes are coming to auto dealerships, that's something inevitable, but it's not gonna be a disruptive overthrow of the business model.  The goal of the research was to look at the state of auto retailing in 2025. NADA commissioned the study in March as a way to stimulate long-term thinking and planning among dealers, the report's gonna be presented at the end of the week. The dealership model will remain dominant, with dir...

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  • It's the second time ever Tesla reported such great sales
    26 Oct 2016

    For the second time in its history Tesla Motors Inc. reported net income, making $22 million net for the third quarter. This month, Tesla said it delivered 24,500 cars in the third quarter, putting it on track to hit its goal of 50,000 vehicle sales for the second half of 2016.  A significant part of Tesla’s third quarter revenue came from pollution credits it sold to other automakers. In the third quarter, Tesla booked $139 million in those credits, up from $39 million a year ago. The company said it expects revenue from those credits to decline in the fourth quarter. Quarterl...

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  • Self-driving cars won't arrive for a long time?
    09 Oct 2016

    Almost a week passes without some announcement from automakers, suppliers – even ride-hailing services – about the impending arrival of self-driving cars. Experts claim that a fully automated vehicle that is 100 percent safe 100 percent of the time and can operate on any street in any weather condition in the U.S. is not right around the corner.   The obstacles to perfecting and mass producing fully automated vehicles that can safely transport a passenger door-to-door with no human intervention are formidable: sensing equipment, such as cameras, lidar and radar, has to ge...

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