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Tesla is ridiculously successful, so far

Several Tesla Model S sedans catch fire, company co-founder Elon Musk blames the media, Tesla stock prices rise. Tesla cars are the subject of a recall, Musk blames the word “recall,” Tesla stock soars. Tesla posts what it calls profits but what everyone else views as losses, stock price shoots to $250 a share.

Bentley Crossover and Sport Hatch/Estate planned

Bentley are planning an 'Allroad' Estate type car and a two-door Shooting Brake hatch These rumours crop up from time to time – new entry-level models from prestige car makers – but perhaps we need to take some of them a bit more seriously now the world seems to be on a down-sizing path. So we thought it worth at least giving a nod to the rumour that Bentley are planning a pair of entry-level models to slot in below the Continental – in the £70k bracket. Especially as they come from the pen of Georg Kacher, a well-connected and well-respected car journo.

GM product chief Bob Lutz to retire

GM boss Bob Lutz Retires By Ben Whitworth Motor Industry 09 February 2009 17:41 GM boss Bob Lutz will retire at the end of the year. The vice chairman of global product development – who has been at the centre of the automotive industry for the last 46 years – will be replaced by Tom Stephens, GM’s current veepee for global powertrain and global quality. Lutz, 76, will continue to report to GM boss Rick Wagoner throughout 2009 in his new role as GM vice chairman and senior advisor, before bowing out at the end of December.