article thumbnail

Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

Twitter confirmed the sale to Musk in a statement on Monday. Elon Musk says Twitter buyout inspired by need for ‘inclusive arena for free speech’ Musk, who has been Tesla’s CEO since 2008, had his offer considered for a day before Twitter seemed to be working toward declining the offer. “Twitter, Inc.

For Sale 144
article thumbnail

Actual vehicle MPG improvement has stagnated since 2008

Green Car Reports

Though vehicles for sale today are more efficient than they've ever been, the average fuel economy of America's operating fleet has remained relatively stagnant since George W. Bush was President, research shows.

2008 92
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
article thumbnail

Hot Tub Time Machine WayBack Wednesday – Reposted Word-for-Word from June 25 of 2008

Creative Greenius

Wednesday, June 25, 2008. Right now, here in 2008 the cat is on the roof for global warming. So far GM, Toyota, Nissan, VW, Mitsubishi, have all announced plug in vehicles they will have for sale in 2010. There’s an old joke that most of us baby boomers first heard when we were kids. ” “What!? I understand.

2008 150
article thumbnail

IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

Green Car Congress

From 2008-2013, however, the increase was 12.2%. The 40 percent drop in new vehicle sales due to the recession created an acceleration in average age like we’ve never seen before. While the decrease in light vehicles 12-15 years of age looks alarming, it relates to the drop in sales due to the recession.

Light 268
article thumbnail

Smart to go all-electric worldwide by 2020: Daimler CEO

Green Car Reports

sales history of the Smart two-seat minicar started with a bang in 2008, when gasoline prices soared, and has waned since then. A complete redesign of the little ForTwo in the 2016 model year, with the Cabrio soft-top following for 2017, didn't do much for sales.

article thumbnail

Toshiba making SCiB battery business an independent unit; higher energy density batteries with titanium niobium oxide anodes for EVs

Green Car Congress

Toshiba has manufactured and sold SCiB, the lithium-ion rechargeable battery that features high security, long life, low-temperature operation and rapid charging since March 2008. By promoting expansion of business opportunities Toshiba aims for sales of ¥400 billion (US$3.6 billion) in 2030.

Batteries 247