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Smart Forstars concept (2012) first offical pictures

It's about time Smart gave us another wacky concept, and this cheeky-looking Paris show-goer should do just the trick. It's an electrically-powered two-seater coupe that'll do 80mph thanks to a Brabus-sourced 81bhp battery-powered drivetrain. The 2012 Smart Forstars concept Smart are touting the Forstars as a sports coupe concept, and it does bear a certain resemblance to the now-defunct Smart coupe, thanks to its prominent two-tone bodywork and wheel-at-each-corner stance.

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.

Rinspeed Micromax (2013): first pictures of latest Swiss creation

This is niche Swiss manufacturer Rinspeed's latest vision to revolutionise our lives, and our urban transport. Yes, it is the proverbial box on wheels. However, Rinspeed is adamant the 'Micromax' is, in its own words, 'the perfect thing for swift short-distance transfers'.