Car News

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:

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".

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.

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.