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2014 Toyota RAV4 gets more equipment and a lower price

2014 Toyota RAV4 (pictured) gets more equipment and a lower price Toyota like to think of the RAV4 as the originator of the compact SUV, and as it’s been around for two decades and is in its fourth iteration, they probably have a point. But being the first doesn’t guarantee continued success; that comes from still being relevant and keeping up with the ever growing competition in the market place. So Toyota are giving the RAV4 a bit of a makeover for 2014 – not quite a facelift, more an upgrade – with additional equipment across the range and a price drop too.

Tesla pays off its government loans

Tesla 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.

2014 Nissan GT-R Track Edition takes off at Chicago Auto Show

The 2014 Nissan GT-R Track Edition made its debut Thursday at the Chicago Auto Show. It joins the Black Edition in the GT-R lineup, and features rear-seat delete, among other track-focused changes. Production is limited to 150 cars for the United States market, and it will hit dealerships in May.