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Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

Car Finance: ING pull out of UK luxury car finance market

ING has pulled out of the UK luxury car finance market leaving a finance hole estimated at around £1.2 billion. If you’re in the market for a high-end car, chances are you’ve sought out the services of a finance broker after the car dealer’s finance rates came as a bit of a shock. And if you have, there’s a very good chance you’ll have ended up with a cracking finance deal written by ING.

Who's Where: Taewan Kim appointed Vice President of Design at GM Daewoo

Taewan Kim has been promoted to Vice President of Design at GM Daewoo. Having started his career in International Automotive Design in the United Kingdom in 1991, Kim was involved in designing various Japanese and European automobiles, including British Airway's First Class seat design. From 1995, he served as Chief Exterior Designer at the former Daewoo Motor Company, leading the exterior design of the Magnus, Lacetti, Kalos and Matiz.