Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

GreenGT H2 completes first laps ahead of 2013 Le Mans

Are we entering the era of the eco-friendly racing car? French outfit GreenGT could be spearheading the push, with the announcement its new H2 hydrogen racing car has completed its first successful racing laps testing at the Magny-Cours circuit in France. The wacky-looking hydrogen hybrid racing car will compete in the 2013 Le Mans 24 Hours endurance race, filling the ‘experimental competitor’ pit garage vacated by the radical-looking 2012 Nissan DeltaWing.

Porsche Boxster growing to make room for small two-seater, report says

The next-generation Porsche Boxster will get a longer wheelbase and measure nearly 173 inches long overall, British magazine Autocar says on its Web site. Why is the Boxster growing? To create room at the bottom of the Porsche lineup for a new two-seater based on the Volkswagen BlueSport concept shown at the Detroit auto show in 2009, the report says.