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Ducati-powered Volkswagen XL1 in the works, may be called XLR

Volkswagen is pushing ahead with plans to boost the performance of its two-seat XL1 with a highly strung two-cylinder gas engine sourced from the Ducati 1199 Panigale superbike, high-ranking insiders at the German car maker have confirmed. Speaking on the sidelines of the unveiling of the new e-Golf in Wolfsburg, Germany this week, Volkswagen's head of R & D Hans-Jakob Neusser revealed development of the Ducati-engined XL1 is well underway. “Yes, we are working on it internally.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

Brit success story Prodrive celebrates 30 years

BRITISH race and rally specialist Prodrive is celebrating 30 years of putting drivers on the top step of the podium. The Banbury-based company first entered motorsport in January 1984 when it competed in the Qatar International Rally with a Porsche 911 SC RS. This car was driven by Saeed Al Hajri and the same car went on to be campaigned by Henri Toivenen in the European Rally Championship.