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Tesla pays off its government loans
Thu, 23 May 2013Tesla 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.
New (2014) Mazda 3 revealed – no prices yet
Thu, 27 Jun 2013The new Mazda3 (pictured) arrives – and it looks good. The Mazda3 is already a better car than its sales would suggest, and the all new Mazda3 looks to be even more competition for the Ford Focus and VW Golf than ever before. Perhaps the only complaint about the Mazda3′s design is that it looks a bit too much like a shrunken Mazda6, but that’s a bit like moaning the DB9 looks like the Vanquish (well, the Mazda3′s not that good looking, but it makes the point).
Do you want a tiny James May running round your Smartphone?
Sun, 29 Apr 2012James May Science Museum App If you fancy the idea of Top Gear’s James May teaching you science then a new App from the Science Museum is right up your street. Regular Top Gear viewers may remember Messrs Clarkson, May and Hammond taking on ‘Art’ a few seasons ago to teach Northerners how to appreciate galleries. Part of what they did – apart from stealing ’Footballists’ to populate the gallery – was an audio guide for the art gallery tour narrated by James May.