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News watch September 2011: today's auto industry news
Fri, 30 Sep 2011Come to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 30 September 2011• Toyota and Honda have both returned to full production after Easter's disastrous earthquake. September car sales will be released next week, and Bloomberg predicts a rise to 12.8 million seasonally adjusted annual rate (Bloomberg)• The US now predicts a slightly smaller 2011 full-year sales total.
Tesla Model S performance version to rival BMW M5
Sun, 02 Oct 2011Tesla Model S with M5 Performance Our inherent scepticism about Elon Musk’s claims for the Tesla Model S refuses to go away, but Tesla are convinced they can deliver the Model S with a 300-mile range, great looks, great performance and top-end tecchy goodness at a sub-$70k price tag. And now, it seems, there is going to be a Tesla Model S with performance to rival the BMW M5. At an event yesterday in California, Elon Musk revealed that at launch – the Model S is expected to be hit the road in 2012 with UK cars arriving in 2013 – the Model S will in fact have four variants on offer.
Elio three-wheel prototype revealed
Wed, 08 May 2013Elio Motors unveiled a prototype of its two-passenger, three-wheeled vehicle Wednesday, confirming the all-new vehicle will have a $6,800 base price when it goes on sale in June 2014. Paul Elio, company founder and CEO, said the vehicle is targeted at first-time or cash-strapped buyers, as well as for families who already have a family car and are seeking something inexpensive for daily commuting. Its sub $7,000-base price makes it almost half the price of the cheapest car in the U.S.