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Tesla Model S performance version to rival BMW M5

Tesla Model S with M5 Performance Our inherent scepticism about Elon Musk’s claims for the Tesla Model S refuses to go away, but Tesla are convinced they can deliver the Model S with a 300-mile range, great looks, great performance and top-end tecchy goodness at a sub-$70k price tag. And now, it seems, there is going to be a Tesla Model S with performance to rival the BMW M5. At an event yesterday in California, Elon Musk revealed that at launch – the Model S is expected to be hit the road in 2012 with UK cars arriving in 2013 – the Model S will in fact have four variants on offer.

The first SRT Viper is sold, we spot an exotic XTS, and the 2013 SVT Raptor offers more off-road fun, this week's Autoweek in review

The first SRT Viper crossed the block at Barrett Jackson in Orange County this past week, for a cool $300,000. All the proceeds will go to the Austin Hatcher Foundation, a charity to help families and children affected by pediatric cancer. While the Cadillac XTS hasn't been a stranger on public roads around Michigan, this heavily camouflaged example is a bit of a mystery.

February new car sales up 4 percent on light-truck demand

U.S. light-vehicle sales rose a modest 4 percent to 1.19 million units last month, with Volkswagen AG, Ford Motor Co. and General Motors setting the pace as automakers overcame severe winter weather, higher taxes and rising gasoline prices to keep the industry's recovery on track.