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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.

Mercury dies off, Lincoln to benefit

Ford's brand portfolio is set to get smaller by the end of the year. Following the sale of Aston Martin, Land Rover, Jaguar and most recently Volvo (to Chinese automaker Geely), the Blue Oval has now announced the demise of its 'middle of the range' Mercury brand, with production of the last vehicles set to cease at the end of 2010. In a statement released to media, Ford announced that the shuttering of the 71-year old Mercury brand was in the interest of focusing on Lincoln, the automaker's only remaining premium brand.

Detroit Electric SP:01 – it’s a Lotus Exige EV

Detroit Electric has revealed the SP:01, a Lotus Exige based electric sports car promising 0-62mph in 3.7 seconds and a range of 190 miles. 999 are being built. Detroit Electric is a re-birth of a once well-known electric vehicle maker in the US (that’s well-known pre-WWII) that’s been revived by former Group head of Lotus Engineering, Albert Lam, set up shop in Michigan with the intention of emulating Tesla’s route to EV credibility by building its own Lotus EV.