Chevrolet Corvair 1960s Hubcaps Lot Set Of 5 Matching Dog Bowl Moon Style on 2040-parts.com

Mini wins 'Car of the Year' award

THE BRITS finally enjoyed some success this summer as the latest Mini was named Auto Express magazine's Car of the Year 2014 at a lavish ceremony in London’s West End. This third-generation version of the Mini is built in Oxford, with engines made in Hams Hall near Birmingham and body panels coming from Swindon. As well as winning the overall Car of the Year Award, the Mini was also named Best Premium Small Car.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

BMW X5 (2013) first official pictures

The definitive love-it-or-loathe-it SUV is back for its third generation: the BMW X5. For the new model, BMW has chopped weight and fuel consumption, but turned up the luxury. It'll go on UK sale on 16 November 2013, with SE and M Sport versions available in rear- or four-wheel drive, and a choice of four diesels or one petrol engine.