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Tesla: Factory on track for 2012 Model S launch

At Tesla Motors Inc.'s first annual shareholders meeting since going public last July, Tesla CEO Elon Musk provided a vision of using the full capacity of the former New United Motor Manufacturing Inc. plant it acquired from Toyota. He also discussed a string of electric vehicles and the possibility of a chain of company-owned charging stations and battery-swap facilities.

Ferrari F430 Spider Biofuel concept (2008): first official pictures

By Stephen Dobie First Official Pictures 15 January 2008 11:32 Everyone was going green at Detroit - even Ferrari. It unveiled its new, hitherto rarely seen green side in an attempt to woo the increasingly environment-conscious America. The F430 Spider Biofuel runs on E85 fuel, meaning 85 percent of the mix is renewable ethanol.

GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.