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F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!

Tesla recalls Roadster for short in power cable, fire risk

Tesla Motors is recalling its electric Roadster 2.0 and 2.5 models because a power cable may short and catch fire. The 12-volt cable, located behind the right-front headlight, could rub against the carbon-fiber paneling causing the cable to short, begin smoking and possibly catch fire, Tesla said. The cable is part of a backup system that powers the headlights, taillights, turn signals and airbags if the primary 12-volt cable fails.

Porsche Macan 2.0 litre 4-cylinder coming to the UK – but not Europe

The Porsche Macan 2.0 litre Turbo will be available in the UK Porsche quietly revealed their first car with a 4-cylinder engine in almost a generation at the Beijing Motor Show last month with the arrival of the Porsche Macan 2.0 litre turbo, produced to mop up sale in China. China’s tax system mitigates against thirstier, bigger-engined cars, so a 2.0 litre turbo attracts tax at less than half the rate of the 3.0 litre V6 in the Macan S, so it will be the big volume model for China. But the demand from China for the 2.0 litre Macan means Porsche won’t have the capacity to build it for other left hand drive markets, so Europe won’t be getting the little-engined Macan.