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Volkswagen Golf R Cabriolet arrives on video

The first view of a production VW Golf R Cabriolet has arrived in a video of the new Golf R Cabriolet from Volkswagen. The idea that VW would produce a convertible version of the Golf R has been around as long as the Golf R has. But only now, when the current Golf R is almost the ‘old’ Golf R after the arrival of the new VW Golf MK 7, do we get the production version.

Infiniti fast tracks small diesel engines

Infiniti is fast-tracking new small diesel engines in the wake of the Daimler-Renault-Nissan partnership signed today in Brussels.Nissan's upmarket division will take supply of Merc's smaller four-cylinder turbodiesels - at a stroke thrusting it into the heartland of the executive sector. At present, it struggles to compete with its 3.7-litre V6 petrol only range of G saloons and coupes, and large-engined SUV crossovers. Sooner than you might think.

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.