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Mercedes A45 AMG takes aim at the Audi RS3

The performance version of the new Mercedes A Class – which looks like it’s going to be the Mercedes A45 AMG – is gunning for the Audi RS3. We know that car makers have other car makers’ models in their firing line when they plan a new model. But it’s not all that common for them to publicly admit it.

Tesla: Factory on track for 2012 Model S launch

At Tesla Motors Inc.'s first annual shareholders meeting since going public last July, Tesla CEO Elon Musk provided a vision of using the full capacity of the former New United Motor Manufacturing Inc. plant it acquired from Toyota. He also discussed a string of electric vehicles and the possibility of a chain of company-owned charging stations and battery-swap facilities.

Ferrari apologizes for employee filmed doing donuts in China

Ferrari issued an apology on Wednesday after one of its employees was filmed doing donuts in a 458 Italia 20th Anniversary Special Edition on the 600-year-old Ming Dynasty wall in the city of Nanjing. The online community has been up in arms, with users of Wiebo, China's version of Twitter, being allowed to complain the loudest. Much of the anger was directed at the Chinese government, which rented the wall for the occasion at a cost of $12,000.