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New (2013) Lexus IS: Official Photos revealed

Lexus has revealed the first official photos of the new Lexus IS which will debut at the Detroit Auto Show next week. What we see is a much more dynamic looking IS, borrowing visibly from the LF-CC Concept we saw at Frankfurt last year, and promising to be the best effort yet by Lexus to put a dent in the BMW 3 Series. Prominent is the new Lexus spindle grill with a set of mean looking headlights with arrow shape LED running lights, with the cabin looking further back than the current IS, a coupe-like profile and a swoopy crease running back from the sills to the tail.

Aptera Motors reaches end of the road

Start-up EV manufacturer Aptera Motors has announced it is going out of business. The brainchild of former Chrysler brand manager and CEO of ASC Inc, Paul Wilbur, the company had gained approval for a $150 million loan from the U.S. Department of Energy's advanced vehicle fund, but was unable to find further backing.

2013 Chevrolet Malibu Turbo features 259 horses for a base price of $27,710

The 2013 Chevrolet Malibu Turbo will go on sale this fall with a price of $27,710. Upgraded LTZ models will sticker at $30,925. Both include $995 in destination.