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Toyota shelves A-BAT pickup concept

Toyota won't build the small, ultramodern A-BAT hybrid pickup concept that was a head-turner at the 2008 Detroit auto show and looked like a good bet for production. "We have a lot of top priorities, and A-BAT is not one of them right now," Bob Carter, Toyota Division's general manager, told the Web site PickupTrucks.com. "It's on the shelf." A Toyota official confirmed Carter's comments.

"Say Yer Prayers, Rabbit!" -- Volkswagen revives Golf name

After only four model years, Volkswagen Group of America Inc. is ditching the Rabbit name and returning to the Golf moniker for its smallest model in the United States. The new generation of the car, which goes on sale in October, will be called the Golf and makes it U.S.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.