Tesla plans to launch Nissan Leaf fighter in 2016

Tesla Motors will launch its smaller electric sedan in late 2016, with a range of at least 200 miles and a price point "half" of the flagship Model S, Tesla CEO Elon Musk said. Musk's timeline, range and price announcement is the most definitive data so far regarding the so-called "Gen III" vehicle. The current Model S starts at $62,400, meaning the Gen III car will start at about the same price as the Nissan Leaf SV and have triple the real-world range.

Saleen Sneak Peek

With the magical five-point-oh menacingly back on the quarter panels of 'Stangs, it didn't take long for tuners to saddle up performance steeds for 2011. Saleen Performance has goosed the 2011 Mustang GT with a slew of enhancements to create the S302, including a shorter-throw six-speed manual, optional brake upgrades that measure 14 inches with six-piston calibers and a Racecraft suspension that lowers ride height by 1.5 inches. The exterior gets rockers, a scooped hood and front and rear fascia, which are complemented by a redone interior with piano-black finishings.

Volvo sets prices for 2010 models

Volvo Cars of North America has set prices on its 2010 models. On Monday, the automaker released a pricing list that ranges from an S80 V8 AWD A for $51,800 to a C30 T5 manual for $24,950, including the $850 shipping charge. Volvo has also set the price for its newest version of the XC60.