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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.

General Motors CEO Rick Wagoner to quit, reports say

General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.

New Porsche 911 (2012): New photos, new video & 911 Configurator live

New Porsche 911 (2012) - New photos, new Video & Configurator The 2012 Porsche 911 will officially arrive in a couple of weeks time at the Frankfurt Motor Show, and Porsche are taking every opportunity to shove the latest 911 under our noses. And who can blame them? We had the official reveal of the new 911 just over a week ago, with plenty of detail and a decent amount of photos – enough to satiate the appetites of all but the 911 nutters until Frankfurt arrives.