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Essen Motor Show 2013: in pictures
Tue, 03 Dec 2013After the corporate seriousness and Germanic efficiency of the Frankfurt Motor Show, the Essen Motor Show is an altogether more relaxed affair. Albeit one delivered with the same level of German efficiency. It's the perfect show for the run-up to Christmas, with wild concepts and weird creations from the custom and tuning industry.
Lamborghini LP550-2: New entry-level Lamborghini Gallardo?
Sat, 29 Jan 2011The RWD Lamborghini LP550-2 Valentini Balboni It started with the Diablo. Lamborghini decided a good way to tame the beast was to offer a 4WD option. Which was rather popular.
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.