Mercury Mariner Driver, Duel Coil P/n 859595t on 2040-parts.com

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.

Honda S660 concept stars at the Tokyo Motor Show 2013

Honda is calling the S660 a concept, but when company president Takanobu Ito took to the stage at the 2013 Tokyo Motor Show, one of the first things he did was confirm this exciting new small sports car – the spiritual successor to the Honda Beat – will be going into production in 2015. This is great news for Honda, and Ito-san acknowledged a next-generation small sports car has been long awaited by Honda fans, who’ve had little excitement to cheer about since the last Civic Type R and the S2000 roadster were stripped from the model line up. Please click the picture above to read more about the Honda S660 concept at the Tokyo Motor Show 2013

Audi A4 SE Technik – gets more equipment, costs less

The Audi A4 SE Technik (pictured) gets more equipment and costs less ‘Special Edition’ cars are a way to get more for less from car makers, as long as the goodies on offer at cut price float your boat, and Audi’s Technik upgrade for the new A4 Saloon and Avant is one such upgrade that offers good value. And now it’s got better. The A4 Technik already gets a well-chose list of upgrades from the regular SE trim, with Milano leather, HDD MMI Nav plus, AMI iPod connection and Audi Parking Plus all part of the package at an extra cost of £1,350 over the SE spec.