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Porsche 911 GT3 new engine production starts April 22nd 2014

The new engines for the Porsche 911 GT3 (pictured) start production this month The recall for the Porsche 911 GT3 after a couple of fires forced Porsche to evaluate the cause – and stop further production – now looks to have not only been resolved, but a fix is soon to be available. But Porsche is taking no chances with any sort of sticking plaster fix and is instead building new engines for the 911 GT3, with optimized piston rod screw connection – the cause of the problem – to make sure nothing goes wrong again. Porsche are planning to start production of the revised engine on 22nd April and will be despatching engines out to dealers shortly thereafter for them to fit to the affected cars.

Dodge Charger and Challenger refreshed for New York auto show

Dodge is set to unveil a refreshed Charger and Challenger for the 2015 model year. Prior to the debut of the models at the New York auto show next week, the automaker has dropped a few teaser images. First, Dodge has given the front fascia of the Charger a serious redesign, trading the large, upright headlights for sleeker units, also dramatically altering the grille design.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.