A survey released by analysts of the banking group Goldman Sachs auto industry showed that shares of Tesla (TSLA) are overvalued, despite promising technology that the company offers in their electric vehicles.
Volvo announced on Tuesday (18) leading to Ocean Race series at the Geneva Motor Show, with public opening scheduled for March 6. In total, six models will receive the special series: hatch V40, V40 Cross Country, V60, V70, XC60 and XC70.
Japan seems to be showing a good niche for the German premium car manufacturer. With this, Mercedes-Benz took the opportunity to announce three new models, special and limited editions, but with the same performance as their standard versions for the Japanese market: E250 Coupe Limited Edition Sport Night A250 and A45 AMG Petronas.
China broke the overall record of number of vehicles sold in a single year in 2013. According to data from the China Association of Automotive Automakers (CAAM), 21,984,100 units were sold during the 12 months of last year.