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Auto Blog News Feed: Tesla mulls expanding in Europe with compact vehicles, says Musk

The Top Zones - Tue, 11/24/2020 - 20:31

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U.S. electric vehicle maker Tesla is looking at expanding in Europe by entering the mass-market segment with a compact car, Chief Executive Elon Musk said on Tuesday. "Possibly in Europe it would make sense to do, I guess, a compact car, perhaps a hatchback or something like that," Musk told an European online conference on batteries hosted by the German government. "In the U.S., the cars tend to be bigger for personal taste reasons," he said.

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Tesla mulls expanding in Europe with compact vehicles, says Musk originally appeared on Autoblog on Tue, 24 Nov 2020 15:31:00 EST. Please see our terms for use of feeds.

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Auto Blog News Feed: Ford orders 12 ultra-cold freezers to distribute COVID-19 vaccines to employees

The Top Zones - Tue, 11/24/2020 - 18:35

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Ford Motor Co said on Tuesday it has ordered a dozen ultra-cold freezers that can safely store Pfizer Inc's COVID-19 vaccine, a move aimed at ensuring the U.S. automaker's workers have access to vaccines when they are rolled out nationally. Ford's purchase mirrors efforts by U.S. states and cities to buy equipment to store millions of doses of Pfizer's vaccine at temperatures of minus 70 Celsius (minus 94 Fahrenheit), significantly below the standard for vaccines of 2-8 C (36-46 F). Health car

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Ford orders 12 ultra-cold freezers to distribute COVID-19 vaccines to employees originally appeared on Autoblog on Tue, 24 Nov 2020 13:35:00 EST. Please see our terms for use of feeds.

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Auto Blog News Feed: Tesla is set to breach $500 billion in market value

The Top Zones - Tue, 11/24/2020 - 14:15

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Shares of the electric-car maker have risen nearly 28% since the S&P Dow Jones Indices confirmed they would add the company to Wall Street's benchmark index from Dec. 21. The recent rally has also boosted Chief Executive Officer Elon Musk's net worth by $7.2 billion to $127.9 billion, helping him go past Bill Gates to become the world's second-richest person, according to the Bloomberg Billionaires Index. Tesla has become by far the world's most valuable automaker, despite a production that is

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Tesla is set to breach $500 billion in market value originally appeared on Autoblog on Tue, 24 Nov 2020 09:15:00 EST. Please see our terms for use of feeds.

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Auto Blog News Feed: Farley aims to tackle Ford's warranty costs in bid to boost profit

The Top Zones - Tue, 11/24/2020 - 13:45

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Quality is once again Job One at Ford Motor Co. Taking a page from the automaker's ad slogan of the 1980s and '90s, Ford's new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan, automaker's financial performance in North America has lagged that of its archrival, General Motors Co. As part of its new effort to cut warranty costs, Ford has told suppliers it will charge them upfront for half the cost of a warranty probl

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Farley aims to tackle Ford's warranty costs in bid to boost profit originally appeared on Autoblog on Tue, 24 Nov 2020 08:45:00 EST. Please see our terms for use of feeds.

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