| Tesla plans to raise up to $1.08B while repaying U.S. |
May 17th, 2013 |
Tesla Motors Inc., the electric-car maker run by Elon Musk, increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to repay its U.S. loan and build up cash reserves. The Palo Alto, Calif.-based company said in an SEC filing that it plans to sell as many as 3.9 million shares for $92.24 apiece. Musk is due to purchase 1.08 million shares for about $100 ...
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| Expect millions of electric car charging stations by 2020 |
May 17th, 2013 |
Andrew Utter plugs converted a Toyota Prius Zipcar into a charging station across the street from City Hall in San Francisco. Charging stations are hard to find but researchers expect more than 10 million worldwide by 2020. Tesla Motors might have scored its first-ever profit during the first quarter, but sales of plug-in vehicles are lagging below expectations, which analysts blame on the high ...
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| Glimmer of hope for EU car sales |
May 17th, 2013 |
DDAIF all pushed higher. Peugeot's stock rallied by as much as 7%. New car demand in the United Kingdom continued to grow, but the picture remains mixed elsewhere in the EU. Car registrations were up in Spain and Germany, but fell in Italy and France, which dipped back into recession in the first quarter of the ...
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| European Auto Sales Rebound but With an Asterisk |
May 17th, 2013 |
PARIS -- European auto sales broke an 18-month losing streak in April, industry data showed Friday. But don't pop open the Champagne just yet: The uptick was mostly a trick of the ...
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| In India its a bumpy road for trophy cars |
May 17th, 2013 |
Mumbai : It's not easy being the owner of an exceedingly expensive car in India. Just ask Rishabh Jain, whose Lamborghini Murcielago LP640, in a shade of metallic grey called Grigio Telesto, spends an inordinate amount of time under a cover in the parking lot of his apartment building in the affluent Malabar Hill neighbourhood in Mumbai.On a recent Sunday drive along the sea-hugging Marine ...
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| Turkish police arrest suspect in bombings that killed 51 |
May 17th, 2013 |
Turkish police said they arrested a man who allegedly bought two cars used in two bombings that killed at least 51 people on the Syrian border last week. Mehmet Genc was arrested and police sought to detain two other suspects who attempted to escape to Syria but failed because of increased security at the ...
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| Cars catch fire in Tampa brush fire |
May 17th, 2013 |
TAMPA - Hillsborough County Fire Rescue is working on a brush fire that broke out in the Port Manatee area of Tampa at a junkyard, putting several cars in the line of fire. The flames caught at least four cars on fire near a junk yard at near East Bay Raceway Park off US-41. Tons of smoke is pluming over the area, but it is not affecting visibility on Us 41 right now. On Thursday night, there ...
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| European car sales end losing streak respite may be brief |
May 17th, 2013 |
FRANKFURT/LONDON (Reuters) - Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to ...
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| New Noises Lead to Dealership Visit for Long-Term Subaru BRZ |
May 17th, 2013 |
had developed some new noises -- or maybe we were able to hear them more now that it's getting warm in Chicago and we're driving with the windows ...
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| Which Cars Fit Three Car Seats |
May 17th, 2013 |
Parents are often searching for the automotive holy grail: a car that's not a minivan and can fit three child-safety seats across the backseat. It's a short list. In the more than three years that Cars.com editors have been installing car seats into test vehicles, we've come across only a handful of cars that can hold three car seats across a backseat. For 2014, the Jeep Grand ...
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