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Three-year warranty holdouts unmoved by Mazda extension
News
3rd Aug 2018
3 min read

Three-year warranty holdouts unmoved by Mazda extension

With its decision to move to a five-year, unlimited-kilometre warranty, Mazda has narrowed the pool of 'mainstream' manufacturers offering three years of coverage to just four: Nissan, Subaru, Toyota and Volkswagen. We've made clear the CarAdvice position on warranty in the past, but here's a quick recap from Alborz's opinion piece on the issue:
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Scott Collie
New Ferrari CEO calls Marchionne's targets 'aspirational'
News
3rd Aug 2018
1 min read

New Ferrari CEO calls Marchionne's targets 'aspirational'

During a conference call with analysts, Louis Camilleri, the recently-appointed CEO of Ferrari, has repeatedly called Sergio Marchionne's target of doubling the company's profit by 2022 as "aspirational". "Both Sergio and I had the same ambitions," Camilleri told Bloomberg and analysts on the call, but cautioned the former Ferrari chief's goal carried “risks and opportunities".
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Derek Fung
2019 Skoda Karoq Sportline revealed
News
2nd Aug 2018
2 min read

2019 Skoda Karoq Sportline revealed

Skoda has revealed the sportier new Karoq Sportlineahead of a public debut at the Paris motor show in October. Unveiled shortly after the more rugged Scout variant, the Sportline is very much a shrunken version of the Kodiaq Sportline, wearing more aggressive bumpers and side skirts, new 18- and 19-inch alloy wheel options, along with contrasting black elements.
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James Wong
Tesla Q2 earnings: $717.5 million loss, Model 3 production expected to ramp next quarter
News
2nd Aug 2018
2 min read

Tesla Q2 earnings: $717.5 million loss, Model 3 production expected to ramp next quarter

Tesla has released its second-quarter earnings for 2018, revealing a US$717.5 million ($969 million) loss, but there's a bit to suggest things are looking up in Silicon Valley. That loss is close to double the $336.4 million ($454.4 million) it lost during the first quarter of 2018, although total revenue rose from US$2.79 to US$4.0 billion. Tesla says it built 53,339 cars in the second quarter, of which 18,449 were Model 3s.
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Scott Collie