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Tesla Model S burns in Seattle

A Tesla Model S crashed and burned on Tuesday morning in Seattle. The electric-vehicle manufacturer told Bloomberg that the Model S “collided with a large metallic object in the middle of the road, causing significant damage to the vehicle.” More specifically, the object struck the Tesla's battery. The report worried investors, and Tesla stock fell 6.2 percent on Wednesday.

Kia Carens

Kia's total range overhaul is now complete as the new Carens C-segment MPV joins the Korean manufacturer's brochures at the Paris motor show. Based on an all-new platform, the Carens offers the choice of five or seven seats, covering off other manufacturers' 'normal' and 'grand' models with one bodystyle. Design-wise it's most closely aligned to the latest C'eed, with similar, pulled-back lamp graphics and pouting grille.

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.