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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.

SEAT Ibiza ST (Sport Tourer) Prices & Models +video

The SEAT Ibiza ST 2011 Back in February in the run up to the Geneva Motor Show SEAT sent us details of their diminutive estate, the SEAT Ibiza Sport Tourer (ST) which bowed in at Geneva shortly after. It’s taken six months to get to this point, but the Ibiza ST is now going on sale in the UK with a starting point of £12,075.00. For that you get the Ibiza ST 1.4 litre S which, despite being the starting point for the ST, comes equipped with AirCon, MP3 compatible CD with aux and steering wheel mounted controls. Top of the tree for now at least is the Ibiza ST 1.2 TDI CR Ecomotive SE which will set you back £14,910.

CCTV ban will 'put pupils at risk'

GOVERNMENT PLANS to possibly ban CCTV parking cameras will put schoolchildren at risk, council leaders and head teachers have warned. Councils use CCTV enforcement vehicles to tackle dangerous and illegal parking outside schools including cars blocking driveways, driving along pavements and stopping on yellow zig-zag lines outside school gates. They are often introduced at the request of parents or teachers concerned about the safety of schoolchildren and act as a visible deterrent to the thoughtless minority of drivers who put children's safety at risk.