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Porsche Panameras with 300-hp V6 to arrive in the United States in June

The six-cylinder siblings of the V8 Porsche Panamera will hit U.S. shores in June, packing 300 hp and starting at $75,375 for the rear-wheel-drive model. The all-wheel-drive version, called the Panamera 4, starts at $79,875, including destination charges.

Volvo sets prices for 2010 models

Volvo Cars of North America has set prices on its 2010 models. On Monday, the automaker released a pricing list that ranges from an S80 V8 AWD A for $51,800 to a C30 T5 manual for $24,950, including the $850 shipping charge. Volvo has also set the price for its newest version of the XC60.

Third Tesla Model S catches fire

Update: According to an Automotive News report, "NHTSA said it will contact local authorities about the latest fire 'to determine if there are vehicle safety implications that merit agency action.'" The agency had previously backed away from an investigation after determining that vehicle defects were not to blame for the fire in early October. Just after Tesla Motors reported a $38 million third-quarter loss and within a few weeks of two other car fires, a third Model S sedan reportedly burned on the highway near Smyrna, Tenn. The Tesla Motors Club forum supplied photos of the crash, which occurred around 1:30 Wednesday afternoon, in addition to intense speculation on the cause of the fire.