1978-82 Corvette Interior Pillar/header Post Moldings on 2040-parts.com

EVs are Dead, Long Live Tesla says Morgan Stanley analyst

The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.

BMW 3-series Gran Turismo (2013) first official pictures

This is the latest member of the BMW 3-series family: the taller, roomer 3-series Gran Turismo. BMW claims the 3GT is designed to give the dynamic handling of a saloon, the rakish looks of a coupe and more space than an estate. Has BMW found the Holy Grail, or is this a case of Jack of all trades and master of none?

Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.