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Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

Is the V8 a dying breed? Auto engineers expect more turbos, smaller engines

The V8 engine, a symbol of power and prestige for more than a century, is looking more and more like an endangered species. A panel of powertrain experts speaking on Tuesday at the 2009 SAE World Congress painted a bleak picture for big engines in this era of tightening emission standards and volatile fuel prices. But smaller engines will not mean drivers have to give up performance.

BMW expands Mini lineup with two-seat coupe, roadster models

Mini is celebrating the 50th anniversary of its original model by confirming plans for a new compact performance-oriented coupe. The two-seater, revealed 50 years to the day after the premiere of the first Mini back in 1959, will make its public debut at the upcoming Frankfurt auto show. At the show, the BMW-owned carmaker also will unveil a similarly styled two-seat roadster, which sources say will head into production as part of a strategy aimed at further raising the appeal of the wildly popular and iconic small car.