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Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

2011 Peugeot 508: Paris Motor Show 2010

Peugeo 508 Paris Well, you wouldn’t expect Peugeot to forget to bring along their replacement for the Peugeot 407 (not to mention the ‘Only sells in France’ 607) to their home motor show, so the Peugeot stand got not just the saloon version of the new Peugeot 508 but a 508 Estate too. We already know that Peugeot is going to throw almost every engine – petrol and diesel – it has in its arsenal at the 508. so you’ll be able to grab a 508 with anything from a 1.6 litre e-HDi FAP to a 2.2 litre HDi FAP 204bhp.

Mitsubishi ASX at Geneva

The new Mitsubishi ASX Crossover will launch at the Geneva Motor Show Another new Mitsubishi 4×4, I hear you say? Well, yes and no. We told you recently about the Mitsubishi RVR, Mitsubishi’s new offering in the small Crossover/SUV sector – think Ford Kuga or VW Tiguan or Hyundai ix35.