Automotive
Shifting To A New Strategy, Tesla Applied Dealership In Michigan Selling Cars Directly To Customers
After a long time fighting from getting approvals to sell it cars directly to customers in Michigan, Tesla finally shifts its strategy. The electric automaker company has applied for "Class A" dealership license, and has to wait for one month or two before hearing the decision.
CarGlass Inc, Car Digital Media Service Provider Landed a $3 Million Seed Funding
Provider of drivers' digital media, CarGlass Inc received a $3 million seed funding from two investors. The company focuses on providing digital media content to drivers safely and intelligently.
Japanese automaker Toyota reportedly to cease production
Toyota Motor Corp is reported to cease production at its local plants in early February due to the shortage of steel. The halt in production may affect the company's aim to create 4.13 million cars in Japan in 2016.
Ford Q4 earnings beat analyst forecast
Ford Motor said its fourth-quarter earnings beat Wall Street analysts' expectations and reiterated 2016 pre-tax profit forecast to be identical to or greater than the previous year.