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Chevrolet Sonic gets $14,495 base price

The new Chevrolet Sonic small car--which replaces the Aveo in Chevy's lineup--carries a base price of $14,495 for the sedan and $15,395 for the hatchback, including shipping charges, when it goes on sale this fall. The 2012 Chevy Sonic sticker price is a jump of $2,249 to $3,005 above the 2011 Aveo, but the Sonic is a new design that includes more standard equipment. It rides on General Motors' new Gamma platform.

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.

Aston Martin revives Vanquish name for DBS replacement

Aston Martin is reviving the Vanquish name for the replacement of the DBS coupe, which will feature a full carbon-fiber body, a 565-hp V12 and a mass of engineering revisions in an effort to eclipse Ferrari's F12 Berlinetta. The Vanquish name goes back to the beefy, old-school model of 2001. Aston hopes that magic will rub off on its next flagship, a heavily revised version of the DBS made famous by its appearance in the Bond movie Casino Royale.