Car News

Tesla owners will soon be able to stream Netflix and YouTube on their infotainment systems, but video streaming won't be available on the move... for now. As is his wont, Elon Musk announced the news on Twitter, telling his followers the "ability to stream YouTube & Netflix when car is stopped coming to your Tesla soon! Has an amazingly immersive, cinematic feel due to the comfy seats & surround sound audio".

Silicon Valley-based electric vehicle specialist Tesla has posted a significant financial loss during the second quarter of 2019, to the tune of US$389 million ($560.36m). Reported by industry journal Automotive News Europe, the company's financial loss is "far more than analysts" had projected despite sales rising by over 50 per cent to US$6.35 billion ($9.15b). As expected, though, the company's outspoken CEO, Elon Musk, remains positive about the company's fortunes looking forward.

Ford has recorded an 86 per cent drop in profits for the second quarter of 2019, blaming a significant rework of its European arm. The Blue Oval has been restructuring its operation in Europe throughout 2019, slashing a whopping 12,000 jobs at wholly-owned and joint-venture operations.

Jaguar Land Rover (JLR) has reported further pre-tax losses during the previous quarter, totalling £395 million ($707.7m), compared to the £264m ($473m) during the same period last year. According to a report by Automotive News Europe, in collaboration with Reuters and Bloomberg, the falling profits are the result (in part) of an "ongoing slump in car demand at home, as well as plant shutdowns and delays due to Britain's planned exit from the European Union".

Yet another special-edition Fiat 500 has been announced for Australia, this time in the form of the Collezione Fall/Winter Edition. On sale from August 1 priced from $21,990 plus on-road costs, the 500 Collezione Fall/Winter is based on the model revealed for Europe in October last year, which takes inspiration "from the colours of autumn and winter".