February 26, 2014 |
Tesla Motors Inc. wants to raise almost $2 billion to help fund a giant battery factory in the Southwestern U.S. to supply its electric vehicles. The Palo Alto automaker said Wednesday that it plans to build a "gigafactory" that would slash the cost of the battery packs for its cars, allowing Tesla to introduce a less expensive vehicle. "Tesla is riding on its success to tell a bigger story than just being a car company," said Thilo Koslowski, an analyst at Gartner Inc. "The batteries will attract a whole new group of investors.
February 20, 2014 |
SACARAMENTO - Californians, who already pay some of the highest gasoline prices in the nation, could soon be asked to pay more. Pump prices are likely to climb more than 12 cents per gallon starting Jan. 1, both the oil industry and environmental experts agree. That's when the state's complex cap-and-trade system for pollution credits expands to cover vehicle fuels and their emissions. As a result, gasoline producers would need to buy pollution credits, and they are expected to pass the cost along at the pump.
CALIFORNIA | LOCAL
February 16, 2014 |
A mother and her four children died in an accident near Fresno, as the woman's husband tried in vain to pull them from the fiery wreckage of their car, authorities said Sunday. The 29-year-old mother, who was not identified, was driving south about 7 p.m. in a 2003 Ford Expedition in the community of Riverdale, south of Fresno. With her in the car were her four children, 1- and 3-year-old boys and 6- and 11-year-old girls. Another woman, identified by the California Highway Patrol as Juana Martinez Bejarano, 41, was driving west on Excelsior Avenue in a 2004 Nissan at about 60 mph. At the intersection with South Marks Avenue, Bejarano apparently failed to heed a stop sign, and the two cars collided, the CHP said.
February 15, 2014 |
America loves trucks. California? The Prius hybrid. Toyota's Prius was the best-selling vehicle in the state for the second consecutive year in 2013, highlighting California's radically different taste in automobiles. Nationally, Ford's F-Series truck has been the bestselling vehicle for more than three decades. The Prius ranked 16th in sales nationally. For drivers in such places as Texas, Montana and much of the Midwest, trucks are practical - but also a lifestyle statement.
CALIFORNIA | LOCAL
February 13, 2014 |
At least 17 people reported a car heading the wrong way on two freeways before a head-on collision in Diamond Bar that killed six, the California Highway Patrol said Thursday. CHP officials said the 911 callers reported seeing the vehicle on the 57 and 60 freeways early Sunday morning. Police said witnesses told them the car driven by Olivia Carolee Culbreath appeared to be going more than 100 mph. "They were describing the vehicle, saying it was going the wrong way at a high rate of speed," CHP Officer Rodrigo Jimenez said.
February 12, 2014 |
After years of improving car reliability, automakers have shifted into reverse while attempting to exact better fuel economy and add in-dash technology, J.D. Power & Associates reported in its 2014 U.S. Vehicle Dependability Study. Owners of 3-year-old vehicles reported more problems than in the same study from the prior year, the automotive research firm said Wednesday. It was the first increase in problems reported since 1998. The slip in quality might be the first sign in a trend toward declining reliability in cars, according to the firm, whose research identified transmissions and infotainment systems as key trouble spots.