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Nissan TeRRA [w/Gallery]
Wed, 12 Sep 2012Nissan has added another entry to the list of things see at the upcoming Paris motor show in the shape of its TeRRA SUV concept. The TeRRA is a seeming oxymoron as an electric SUV, mixing two of Nissan's strongest market segments into a vehicle that resembles a cross between a Leaf and a Patrol. "You have the big tires, high belt-line, thick pillars and thin side windows of the SUV vocabulary,” explains Shiro Nakamura, Nissan senior vice president and chief creative officer.
Tesla pays off its government loans
Thu, 23 May 2013Tesla 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.
New BMW 4-series Gran Coupé: OFFICIAL
Sun, 02 Feb 2014The BMW 4-Series Gran Coupe (pictured) has been officially revealed The new BMW 4-Series Gran Coupe leaked out yesterday ahead of an official reveal by BMW, but that leak has prompted BMW to action and we get the official reveal today, probably sooner than BMW had intended. Looking like a shrunken 6-Series Gran Coupe – and visually similar to the 3-Series saloon too – the 4 Series Gran Coupe gets a liftback tailgate similar to the 3-Series Gran Turismo to differentiate the 4-Series Gran Coupe from the 3-Series saloon and add to its appeal. The profile is more swoopy too with a short glasshouse, smaller frameless rear doors and comes in 14mm longer and wider – and 40mm lower – than the 3-Series, and gets the same chassis as the 4-Series Coupe with a wheelbase of 2810mm.