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Maserati banks on Chrysler to boost global sales

Fiat CEO Sergio Marchionne has bold plans for the automaker's Maserati luxury sports car unit: to boost annual sales almost tenfold to 50,000 units from 5,675 last year. Three new models are key to this midterm goal and all are based on systems and components from Chrysler Group. Maserati will introduce two new sedans to replace its Quattroporte flagship model using technology from Chrysler's large sedans such as the Chrysler 300 and the Dodge Avenger.

Honda Insight hybrid gets a new look inside and out for 2012

The 2012 Honda Insight hybrid bowed on Monday with refreshed exterior styling, more standard features and improved fuel economy--with a base price of less than $20,000. Honda says it was aiming for a more high-tech look this time around. On the outside, a reworked grille design is flanked by restyled front and rear bumpers.

Tesla Model S warranty extended to 8 years for Drivetrain

Tesla Model S warranty extended to 8 years for Drivetrain The Tesla Model S – perhaps the only truly useable electric car – has taken the motoring industry by storm, and now it’s getting better still for owners as Tesla announce an extended warranty on the drivetrain of the Model S to 8 years, matching that of the battery pack. The warranty also applies retrospectively, so all Model S Teslas already in the hands of owners are covered – and the warranty can be transferred to as many new owners as needed – for a full 8 years, which is unlimited for the 85 models and 125k miles for the 60 models. It’s a strong response from Tesla after a number of long-term tests (by Consumer Reports and Edmunds in particular) produced a number on niggling problems, and standing behind their product so solidly – just as Hyundai/Kia did – may not take the niggles away but it will give comfort to prospective buyers (if not shareholders, at least in the short term).