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Tesla has sold $1.2 billion in common shares and convertible senior notes to support the roll-out of the Model 3, the Palo Alto company announced.
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A gauge of the health of the American economy has increased again, hitting its highest level in more than a decade. Meanwhile, manufacturing activity outpaced overall industrial output, consumer sentiment hit its highest level in over a decade, and homebuilding continues to trend up, according to a basket of reports issued Friday and Thursday.
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In the U.S., the safety feature will debut on the 2018 Ford F-150 and Mustang.
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The Auction Academy is expanding its training to include commercial and government fleet managers, commercial account representatives, and dealers for the first time in its five years of existence, the continuing education organization has announced.
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The recall affects more than 977,000 vehicles, including gasoline electric hybrid models, in the 2011 to 2015 model years.
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Two separate recalls involve 1,320 vehicles, including Mercedes-Benz and Freightliner Sprinter 2500 and 3500 vans.
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The Federal Open Market Committee (FOMC) voted 9-1 on March 15 to raise the target range for the federal funds rate by a quarter percentage point to 0.75% to 1% — a move that was widely expected.
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Heading toward 2020, Audi will introduce two compact SUVs, three electrified vehicles, and ramp up autonomous driving technology as it moves away from a 2016 that was marred by the diesel scandal and Takata recall.
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Acura's gasoline-electric hybrid 2017 MDX compact SUV will retail for at least $52,935 when it arrives in April, Acura has announced.
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Mazda Motor Corporation will expand production of its CX-5 compact SUV for the second-generation 2017 model that has become the automaker's leading seller.
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