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Mitsubishi i MiEV electric vehicle priced at $45,660

Mitsubishi Motors Corp. has priced its new electric vehicle at 4.38 million yen, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020. Mitsubishi unveiled the production version of its i MiEV battery-powered car on Friday, saying it aims for 1,400 lease sales to corporate customers and local governments by March 31, 2010.

F1 photos raise £20,000

A SERIES of photographs taken by Formula One drivers and team members has raised more than £20,000 at a charity auction. The sale included an image taken by Michael Schumacher of a boat on a lake that fetched £2500. An identical amount was paid by Formula One boss Bernie Ecclestone for one of his own pictures.

2012 Mini roadster revealed

Mini has revealed the definitive production version of its 2012 roadster. Sister car to the recently introduced coupe, alongside which it will be built at Mini's Oxford plant in England, the compact two-seater arrives a little more than two years after it was first shown in lightly veiled concept car guise at the 2009 Frankfurt motor show. Rival to the enduring Mazda Miata, the Mini roadster is planned to make its public debut at the Detroit auto show in January prior to going on sale in North America in mid-2012.