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Tesla to work with others, Roadster priced at £92k

By Ben Oliver Motor Industry 19 August 2008 09:21 Tesla has confirmed that it is working with several major car makers to develop affordable, fully-electric city cars, with the first going on sale as early as 2010. The established car makers will use the experience Tesla has gained developing the high-performance, £92,000 Roadster as a short cut to  getting their own electric cars on sale. 'Smaller Teslas in the pipeline' Tesla plans to have its Model S five-seat electric hatchback on sale by 2010 in both the United States and Europe.

Jaguar C-X75 supercar program halted

Jaguar has dropped plans to put the C-X75 hybrid-powered supercar into production, according to a report Tuesday by Autocar magazine in the UK. The reason is struggling economies around the world, the magazine said, citing Jaguar brand director Adrian Hallmark. Jaguar planned to launch the C-X75 next year and had partnered with the Williams Formula One team to help develop it.

Rolls Royce to set up shop in South America

Rolls Royce showrooms planned in South America The paradox of the current economic malaise  is that luxury goods – and luxury cars in particular - seem immune from the problems of the mainstream. Rolls Royce – to many still the epitome of luxury motoring – is doing very well, and is now planning an expansion in to South America. The cynical may say that Rolls Royce want a piece of the drug money floating round South America in their coffers, but South America is far more than a bunch of drug barons freely spending illicit cash.