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Tesla planning car to take on Nissan LEAF – and maybe sell out to Apple

Elon Musk is buoyed by the success of the Tesla S and the seemingly inexorable rise in Tesla’s stock which has allowed Tesla to repay its government loans way ahead of schedule. Now Musk has been getting adventurous in an interview with Bloomberg where he’s stated that the next plan for Tesla is to build a smaller, more affordable electric car that can take on the Nissan LEAF. Musk plans to stay in control of Tesla until plans for a news small EV are complete, and said: With the Model S, you have a compelling car that’s too expensive for most people.

Kia Track'ster concept

The Kia Track'ster concept has been unveiled at the 2012 Chicago International Auto Show. Beneath the racetrack makeup, the three-door crossover concept is a heavy hint at the next-generation Soul. The Track'ster was designed in Kia's design studio in Irvine, California under the direction of Tom Kearns, Chief Designer for Kia America.

Vauxhall to launch sub-£7k city car

Vauxhall is believed to be working on a budget city car to rival the Toyota Aygo, Peugeot 108 and Citroen C1 trio unveiled earlier this month at Geneva. According to Auto Express, the new small hatchback will be based on the Chevrolet Spark platform and will start at less than £7,000 – undercutting the firm’s current Adam model by over £4,000. On Bing: see pictures of Vauxhall city cars Find out how much a used Vauxhall costs on Auto Trader If you’re expecting a bland box on wheels like the Agila, don’t fear – as Vauxhall has reportedly said the new car will “have its own distinct personality”.