Electric car maker Tesla Motors Inc. said Wednesday that its fourth-quarter net loss grew by 10 percent due to higher costs during the production start for the new Model S. The Palo Alto, Calif., company said in a letter to shareholders that it expects to be "slightly profitable" in the first quarter, excluding noncash option and warrant expenses.
The Toyota Avalon has always been a bit of a snooze, but the 2013 is actually not as boring as its predecessors. CNNMoney's David Valdes-Dapena reports that the new model is still a big, comfortable car but now it also is a nice drive as well. Take a look.
CNNMoney took a Tesla Model S sedan on a test drive from Washington D.C. to Boston, testing both the car and Tesla's supercharger network. The all-electric car drove 450 miles with two stops to recharge at Tesla's Supercharger stations in Delaware and Connecticut.
There's no arguing that Apple set the standard for modern mobile devices with the iPhone and the iPad. It didn't take long after those products launched for competitors to rush out their own copycat devices. Competitors have built upon the foundation Apple laid in mobile and are now leapfrogging it with features you can't find on iPhones and iPads.
Car safety has come a long way since the very first Ford Model-T took to the streets back in 1908. From air bags to digital rear-view mirrors, drivers can now feel more comfortable when they get behind the wheel — and safer. Now that the driver is more secure, the automotive industry has shifted its sights to increased safety features for pedestrians.
Pop culture references manufacturing as the factories of the 1800s or modern day overseas sweatshops — full of mind-numbing, remedial tasks in dark and dingy factories. Today’s manufacturing environments tell a much different story: clean and safe with employees managing advanced machinery that drives innovation and productivity. But are these stereotypes creating barriers to attract new employees to the industry?
As part of National Engineers Week, AMT partnered with the SME Education Foundation, Gardner Business Media, and Modern Machine Shop magazine to produce a video titled "Women in Engineering," featuring Becky Miller, a Quality Control Engineer at GE Aviation. The purpose of this video is to educate young women about the possibilities offered by a career in manufacturing.
It's not often that environmental organizations and the coal industry come down on the same side of a policy debate. But that's happening in West Virginia, where both groups have concerns about Gov. Earl Ray Tomblin's proposal to eliminate a state tax incentive for plug-in electric cars and other alternative fuel vehicles.
Retailers have developed strong capabilities to capture customer level data, and also become expert at analyzing it for marketing purposes. The last decade has seen a dramatic shift towards data-driven marketing, and the opportunity is now available for manufacturers to shift into customer-centricity.
It's been a rough few years for Blackberry, watching as its phones lost market share to the likes of Apple and Samsung. Trying to reverse its fortunes, the Canadian company overhauled its hardware and software, and the result is the Blackberry Z10. Here's a breakdown of the first BlackBerry 10 device that shows the Z10's costs are competitive with Apple's iPhone.
High-powered charging stations may be popping up in a mall parking lot near you as Canadian companies look to expand the number of places hybrid and electric cars can stop and juice up. The Canadian International Auto Show in Toronto features not only bold concept vehicles, but also several firms looking to plant a charging station in your home and on the highway.
Not a lot of love for Apple right now - more hedgefunds are reporting that they've dumped their shares as Apple deals with another patent fight, this time with Brazil. Apple is requesting a review of the iPhone trademark while Google prepares to take center stage later this year.
Airbus abandoned its plans to use lithium-ion batteries for its new A350 airplanes due to the uncertainty surrounding the technology following the grounding of Boeing's 787, the company said. The European aerospace group said Thursday it would revert to conventional nickel-cadmium batteries for the A350.
A new trend gaining speed in many industries is the concept of “bring your own device” (BYOD). Plainly put, BYOD is when employees have the ability to bring their own technical devices - like smart phones, tablets and laptops - and use the company’s network instead of a company-provided device. BYOD has many benefits and risks, though, that each organization’s IT department needs to consider.
At a recent additive manufacturing, or 3D printing, showcase at Penn State, engineers demoed some of the latest technology in the field. Hear from experts about how 3D metal printing may change manufacturing in the United States, and what challenges it faces.
Automakers in Japan are developing new "microcars" that fit only a driver. Toyota is currently testing a microcar (or ultra compact car) made of aluminum that can reach top speeds of 30 MPH. Targeting older drivers who don't need to go far, these electric cars can be handy. Lucy Craft reports.
During 2012, the Forum built on the findings of the Future of Manufacturing report with the Manufacturing for Growth project, creating a platform for business executives, policy-makers and members of civil society to identify key strategies and recommendations for driving economic growth and job creation through the production of goods.
Apple's CEO addresses the company's cash pile and outlook at a conference, while Facebook suffers a pair of downgrades. And Google is teaming up with an unlikely partner, General Electric, and it will become integrated into several GE applications.
Hybrid engines going mainstream and a bumper year for new vehicle rollouts are expected to make this year's Canadian International Auto Show in Toronto one to watch. Canada's leading auto festival marks its 40th anniversary with the Canadian debut of more than 40 cars, SUVs, trucks and concept vehicles.
For supporters of biofuels and all those who support balanced leadership of all DOE programs, it is a time of good-bye to all that and a hope that the future will be better. To set the stage: Just before Chu’s appearance, Nissan Automotive was on the schedule at the show. The topic? Dropping the price of the electric Leaf by $2,000 to $3,000 to improve sales.
After a 30-year absence, Italy's storied Alfa Romeo brand will return to the United States later this year with a new two-seat compact sports car. Italian automaker Fiat SpA said Tuesday that the long-delayed Alfa 4C will go on sale during the second half of the year. Fiat owns Alfa and controls the Chrysler, Jeep, Dodge and Ram brands in the U.S.
More than 75 years after the Hindenburg disaster, airships could be taking off again. Worldwide Aeros' calls its new blimp the evolution of air transport as it waits for FAA approval to take its aeroscraft for a test flight outside the hangar. CBS News' Bill Whitaker explains.
Homeowners on the hunt for sparkling solar panels are lured by ads filled with images of pristine landscapes and bright sunshine, and words about the technology's benefits for the environment — and the wallet. What customers may not know is that there's a dirtier side.
Back in 2007, Toyota trumpeted its bulked-up Tundra as a game-changer that would cut into Detroit's dominance of the U.S. pickup truck market. "The truck that's changing it all," was the tagline from an ad that featured the beefy Tundra pulling a 10,000-pound trailer up a steep ramp.
General Motors is following the Volkswagen playbook by bringing a diesel-powered small car from Europe to the United States. The automaker will introduce the diesel version of the Chevrolet Cruze compact on Thursday at the Chicago Auto Show.