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

What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.

Tesla teases Model S prior to debut

Prior to its world debut on March 26, Tesla has decided to whet the appetites of green-car fans by releasing a teaser image of its upcoming Model S sedan. Under the direction of former Mazda designer Franz von Holzhausen, the Model S features a rounded front nose, a front fender plate with an affixed Tesla emblem and a noticeably shorter hoodline. Unlike the Fisker Karma, the Model S will be powered solely on battery propulsion and do without a range-extending engine, which helps accommodate the shorter hood.

Who’s Where: Peter Horbury appointed Senior Vice President Design at Geely Group

Peter Horbury, presently Vice President of Design at Volvo Car Corporation, is set to join a growing roster of design directors who have relocated to China – the most recent being Gert Hildebrandt who was appointed Design Director at Chery Quantum Auto Co. (a joint venture between Chery Automobile, China's largest independent car manufacturer, and Israel Corp.) earlier this year. Horbury, who will be taking up a new position as Senior Vice President of Design at Geely Group, will be based in Sanya, in the Hainan Province of China.