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Local Motors Active Lifestyle Vehicle Challenge winner announced

The winner of the first Local Motors Active Lifestyle Vehicle Challenge has been revealed as John Bukasa, who won $1,500 for his CLIMAX design. This was the first contest held as part of the annual Lifestyle Vehicle of the Year awards – which are in their tenth year – hosted by Carspondent, which celebrates the cars that best cater for people leading active lives. The brief challenged designers to develop a concept that enhances its owner's performance as an athlete or active adult/family.

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.

Caterham F1 unveils its 2012 challenger

It's that time of the year when all the new 2012 F1 cars are unveiled. In the next fortnight, most of the major Formula 1 teams will announce their new race cars ready for the 2012 F1 season. The rules are changed, so are the cars.