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Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.

Mazda MX-5 GT Concept (2012) first official pictures

Mazda's Goodwood Festival of Speed stand will be headlined by the MX-5 GT Concept - an uprated road-legal special, producing 205bhp. Showcased by Mazda in order to gauge public reaction to a track day-friendly MX-5, it'll be joined on the stand by the Takeri concept and new CX-5 crossover. What's so special about the Mazda MX-5 GT Concept?

Volkswagen plans return of Microbus

An expanded lineup of Beetle-themed cars are in Volkswagen's future, including a Microbus model that we have seen in various concept forms over the past decade, according to Auto Express. When Volkswagen renews the Beetle in 2019, it will also debut a crossover, coupe and a mini-MPV, all based on the MQB architecture that underpins the new Golf. Even though plans of an MPV rebirth date back to the introduction of a number of concepts in the early 2000s, Volkswagen hadn't pulled the trigger on putting an homage to the Bus (known as the Kombi in most of the world, or Camper in the U.K.) intro production for a number of reasons.