Automotive Industry

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Tesla reports first quarter revenue of $939.9 million, profit loss widens

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Tesla Motors Inc posted strong car sales for the first quarter, but still saw profit loss. On Wednesday, the Palo Alto electric car company reported...
US November auto sales

Price of 2016 Chevrolet Volt cut by $1,200 down to $27,320

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General Motors is dropping the price of its upcoming plug-in hybrid car, the 2016 Chevrolet Volt, by nearly $1,200. The base price of the new...
US November auto sales

Fiat Chrysler sales in the US increased 6 percent in April

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Fiat Chrysler Automobiles posted a 6 percent increase in US sales last month. The company sold 189,027 vehicles in the US in the period, marking it...
Ford

Ford expects 2015 to be “a breakthrough year” for profits

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Despite lackluster net income in the first quarter, Ford expects performance to improve this year. The automotive giant expects full-year pretax profit of $8.5 billion...
Bentley

Bentleys and Porsches are the most unreliable cars in the UK

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According to a recent survey, the most unreliable cars in the UK are Bentleys and Porsches. The two luxury marques finished last in annual index...
Tesla Model S

Tesla delivered record number of cars in its first quarter

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According to Tesla Motors, the car manufacturer delivered a record number of 10,030 cars in its first quarter, a 55% increase compared to last...
delphi automated vehicle

Delphi driverless car embarking on a trip across the US

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Delphi, the UK-based automotive parts manufacturing company, will embark on the first automated cross-country trip on Sunday. One of its self-driving research vehicles will drive...
Tesla

Tesla vehicles will feature autonomous tech by this summer

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Elon Musk announced on Thursday that Tesla will offer autonomous technology by this summer. With the new technology Tesla vehicles are a step closer to...
Mercedes Benz F 015 San Francisco Bridge

Mercedes Benz driverless sedan showcases the future of premium cars

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Mercedes Benz believes that its self-driving sedan concept car, the F 015 Luxury in Motion, is a vehicle that showcases what premium cars might...
gm logo

GM shuts down Russian factory and will stop sales of many cars in the...

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General Motors (GM) is shutting down its Russian factory and plans on and stopping sales of many of its cars in that market because...