Infiniti Planning to Shift Production Outside Japan

Infiniti Planning to Shift Production Outside Japan
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Getting back to the present, Infiniti (despite assembling the goliath QX SUV in the US for a time) currently doesn’t build any vehicles outside Japan, though Andy Palmer, executive vice president for the brand said recently that,”as cars come up for renewal, generally they’re being relocated in a function of where the majority of sales... Continue Reading...

Tesla Aims For Profitability By 2013, Model S Sold Out

Tesla Aims For Profitability By 2013, Model S Sold Out
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The little electric company that could has some bad news for its critics as its latest vehicle, the $50,000 electric four door sedan Model S, is sold out. According to CEO Elon Musk, Tesla has received orders for “more than 6,500″ Model S cars for next year. Moreover, Musk claims that most orders of the… Continue Reading...

General Motors Regional Divisions Now Profitable, Opel Included

General Motors Regional Divisions Now Profitable, Opel Included
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While General Motors seemed desperate to sell Opel back in 2009, GM CEO Dan Akerson now says that the terms of the sale were a “bad deal” and that Opel, along with GM’s other global divisions, are now profitable. Nick Reilly, GM’s European president, said that GM Europe will be profitable – albeit not by… Continue Reading...