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Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.

New rival to Tata’s £1250 car

By Tim Pollard Motor Industry 12 May 2008 11:29 Move over, Tata Nano. There’s another bargain basement car in town. Renault-Nissan and Bajaj Auto today confirmed their new people’s car would cost from just $2500 (£1250).

Subaru WRX to return to the UK in 2014?

Making its European debut at the 2013 Frankfurt motor show in September is the aggressive-looking Subaru WRX concept. First shown at the New York motor show earlier in 2013, the low-slung four-door breathed life back into the idea of future hot Imprezas, but UK enthusiasts were set to miss out. Spy shots of bewinged test mules at the Nurburgring have appeared, but Subaru confirmed it had no plans to replace the outgoing WRX STI once stock ran out.