Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Tesla pays off its government loans

Tesla 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.

Spyker, Youngman plan to build Saab-based cars

Dutch supercar maker Spyker says it will form two joint ventures with China's Zhejiang Youngman to produce Saab-based vehicles and a luxury SUV under the terms of a deal that will give Youngman a 29.9-percent share in Spyker. Youngman was one of the Chinese companies Spyker turned to for investment when it was trying to revive the Saab brand under its ownership. After failing to get approval for the sale from General Motors, a former Saab owner, the deal with Youngman collapsed and Saab was declared bankrupt in December 2011.

Lexus targets BMW X3 with new crossover

LEXUS is set to join the mid-size crossover fray when it launches the NX at the Beijing Motor Show later this month. The move could be a massive one for Lexus as it tests the water in what has become one of the fastest-growing and fiercest-fought market sectors of them all. This teaser shot is all that Lexus is willing to show of the new car before then, but the headlight shape is clearly inspired by the formidable LFA hypercar.