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Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.

A Night at the Movies with Alex Xydias

“I started shooting movies when I stopped racing,” said original hot rod hero Alex Xydias. “When I had enough stuff I made this.” “This” is "The Hot Rod Story," a documentary shot by the man himself from about 1962 to 1964 at the drag strips, dry lakes and cruise-ins of the day. It's a movie shot in the style of, say, a Bruce Brown surf movie or a Warren Miller ski movie.

BMW i3 EV will cost from £30,680 – less than we expected

The new BMW i3 EV (teased above) will costs from £30k The new BMW i3 electric City Car is due to be revealed in production guise on 29th July, ahead of which BMW has revealed it will cost from £30,680 – meaning a showroom sticker price of £25,680 after the EV taxpayer ‘grant’. That price is for the pure EV i3 – not the range-extender – which comes with a rear mounted 168bhp electric motor, a top speed of 93mph and a range (in ideal conditions) of around 80 miles between charges. At a retail price of £25k, the i3 compares favourably with other EVs like the Nissan LEAF, which costs from £21k, and the Chevy Volt at £30k (although that is a range extender).