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Tesla rolls out Model S hatchback, plans late 2011 start

Amidst thumping techno and inside his own rocket factory, Tesla founder and CEO Elon Musk pulled the cover off his much-anticipated second car onThursday. The Model S five-door hatchback will go into production in late 2011 at a rate of 20,000 per year. Prices will start at $49,900 for the base model, a price that assumes the $7,500 current Federal tax credit available.

Preview: Porsche Panamera

After what has already been the most drawn-out model introduction ever (the initial Porsche sketches of the new model having been revealed in 2005), Porsche has finally released the first official rendering of its forthcoming Panamera sedan, set to be launched in 2009. Though the plan view doesn't show much of the new Porsche's design, the company says the features will 'include a wide and low body offering dynamic proportions and muscular design'. But while the grand tourer will have a 'compact overall look', the interior space is claimed to offer a brand-new experience of roominess, with two single seats and generous headroom at the rear allowing adults to sit in comfort.

Trail of clues leading to Chevrolet SS nameplate

Connecting the dots that lead to Chevrolet's as-yet-unnamed new model seems to lead back to one storied name: SS. The latest clue that a rear-wheel-drive performance sedan named simply SS could soon join nameplates such as Malibu and Suburban in Chevy's lineup came from an unlikely source: GM itself. A page on the OnStar Web site had listed the GM models that are compatible with a mobile app that gives owners remote vehicle access through their smartphones.