Editor’s Note: Related Tickers: Tesla Motors Inc (NASDAQ:TSLA), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), Honda Motor Co Ltd (ADR) (NYSE:HMC), Toyota Motor Corporation (ADR) (NYSE:TM)
Tesla: Consumer Reports’ best car ever tested (CNN)
Consumer Reports is calling the Tesla Motors Inc (NASDAQ:TSLA) Model S the best car it has ever tested. The Model S, an all-electric plug-in car, earned a score of 99 out of a possible 100 in the magazine’s tests. The score would have been higher but for the fact that the all-electric car does need to stop and recharge during extremely long-distance drives. “If it could recharge in any gas station in three minutes, this car would score about 110,” said Jake Fisher, head of auto testing for Consumer Reports. Fisher called the car’s performance in the magazine’s performance tests “off the charts.”
General Motors Company (NYSE:GM) India on Thursday launched its multi purpose vehicle Enjoy at an introductory price between Rs 5.49 lakh and Rs 7.99 lakh (ex-showroom Delhi). The vehicle will compete with Maruti Suzuki India’s Ertiga, which is priced between Rs 5.98 lakh and Rs 8.7 lakh (ex-showroom Delhi). The Enjoy is available in both petrol and diesel options. The petrol version is powered by a 1.4 litre engine and the price ranges from Rs 5.49 lakh and Rs 6.99 lakh. The diesel variant has a 1.3 litre engine tagged at Rs 6.69 lakh and Rs 7.99 lakh. The vehicle will have 7-seater and 8- seater options.
Ford Hot Hatch Has Volkswagen Playing Catch-up to Focus ST: Cars (Bloomberg)
Stan Visnesky wanted to spice up his daily drive with a souped-up small hatchback. Rather than go for a more popular and pricey road rocket from Germany’s Volkswagen AG (VOW), Visnesky bought Ford Motor Company (NYSE:F)’s Focus ST. “It’s definitely a steal,” said Visnesky, 26, of Dettford, New Jersey. He paid $27,000 in December for his black Focus ST with racing seats and touch-screen controls. “For anything around the same specs, you’d be paying probably more than $30,000.” Chief Executive Officer Alan Mulally has many triumphs to discuss today at his seventh annual meeting at the helm of the No. 2 U.S. automaker. Ford Motor Company (NYSE:F) is on a winning streak with its new Fusion mid-size sedan complementing the F-Series truck line.
Auto Review: Taking off in the Honda Pilot (ReminderNews)
Honda Motor Co Ltd (ADR) (NYSE:HMC) has adopted this clever design theory by using the same basic platform for both a minivan (the Odyssey) and an SUV (the Pilot). This week we explore the Pilot, which is nearly as capacious as the Odyssey, but has the option of All-Wheel Drive, conventional rear doors and more ground clearance than the minivan. This gives it better all-road capability, as well as some light off-road ability as well. Like the Odyssey, there’s tons of room and very usable three-row seating, making it a very good choice in the family hauling department. The Pilot is built on a reinforced unibody chassis (instead of body-on-frame) and rides on a 109.2-inch wheelbase that is actually 9 inches shorter than its minivan relative.
Tesla earns first profit — $11 million in Q1 (USA TODAY)
Tesla Motors Inc (NASDAQ:TSLA), maker of high-dollar electric cars, reported its first quarterly profit Wednesday — $11 million. The car company noted in its letter to shareholders that it was the first black ink in the company’s 10-year history. Revenue was reported as $562 million, up 83% from the period a year ago. Under GAAP reporting rules, excluding a one-time gain, earnings per share were 0 cents, the company said. The automaker said…
