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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.

Video: BMW 7 Series

BMW has released new images and a lengthy press release detailing the design process for the new 7 Series sedan, set to be unveiled at the Paris Motor Show in October. We'll spare you the hyperbole here, but stay tuned for a Design Review of the Munich-based automaker's new range topping vehicle once we've seen the car in the metal in Paris. In the meantime, check out these videos of the new 7 Series in action and hear what BMW Cars Director of Design, Adrian van Hooydonk, has to say about the design of the new flagship.

Volvo V40 Cross Country arrives

Volvo has revealed the 2013 V40 Cross Country, a new variant on the new V40, offering a more rugged option for the V40 range. We thought it was going to be the Volvo XC40 – denoting an SUV come crossover version of the new V40 – but Volvo has decided that their more rugged version of the V40 will take the Cross Country name - first used on the V70 in 1997 – and so we get the new Volvo V40 Cross Country. Following on from the new V40 R-Design, revealed last week, Volvo now offers a V40 they say is for ‘those who want a sense of adventure in their everyday life‘ – in other words, this is a slightly more rufty-tufty V40.