Cars and Drivers

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Tesla’s Junk Bonds as Hot as Tesla Stock

Tesla has completed an offering of senior unsecured debt raising $1.8 billion to help the company ramp up production for the new Model 3 sedan.

Paul Ausick · 9 years ago

10 Best New Car Deals for August

Car dealers need to make room on their lots for a new batch of 2018 model year vehicles and automakers need to winnow their inventories. This adds up to some hot August deals for…

Paul Ausick · 9 years ago

Will Tesla Debt Be as Hot as Tesla Stock?

Electric carmaker Tesla announced this morning that it plans to offer $1.5 billion in unsecured senior debt to support the ramping of Model 3 production.

Paul Ausick · 9 years ago

GM Recalls 800,000 Chevy and GMC Pickups

General Motors has initiated a recall of some 800,000 model year 2014 Chevy and GMC pickups to fix a problem with the power steering system. The repair will be free and owners will be…

Paul Ausick · 9 years ago

Why Tesla’s Earnings Look Good to Investors

Tesla reported better-than-expected results Wednesday afternoon and investors are pushing the shares higher on strong revenue growth and an aggressive outlook for the second half of the year.

Paul Ausick · 9 years ago

Volvo Sales Crater as US Effort Collapses

Volvo's reentry into the American market is a failure so far. It probably does not have the model line or brand strength to change that.

Douglas A. McIntyre · 9 years ago

Car Brands That Did the Worst in July

July sales of passenger cars acted as an anchor on sales at all of the Detroit Three automakers. Ford Mustang and Toyota Corolla were among the worst performers.

Paul Ausick · 9 years ago

Fiat Hurtles Toward Oblilvion

Fiat sells less than 75 cars a day nationwide, based on results from last month, which was among the worst months overall for U.S. car sales in recent years.

Douglas A. McIntyre · 9 years ago