Toyota Motors invested $50 million in Tesla Motors back in May of 2010, shortly before the American automaker’s initial public offering. At the time, Toyota said that the investment would give it about a 2.5% stake in Tesla, but the size of its current stake
Newly appointed Lotus Cars CEO Jean-Marc Gales is well aware that things have been tough for the British automaker recently, but he says that there are a few things in pipeline that he hopes will change that, things such as a dramatically revised Lotus Evora
Lotus, the renowned but troubled British sports car manufacturer, has been having a tough time, probably some of the toughest that the automaker has ever faced, and for Lotus, that’s saying quite a lot. Nobody is more aware of this than the automaker’s new CEO,
Recently all the major America automakers have been remaking their classic muscle cars to offer an appearance that brings back plenty of nostalgia and memories of years gone by when gas was cheap and sheer muscle of a steel beast was king of the road.