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BMW releases M Performance accessories for 2-Series Coup

The BMW 2-series is set to replace the 1-series coupe that we've had on this side of the Atlantic come next spring, and a few months prior to its U.S. debut BMW has rolled out M Performance upgrades for the upcoming coupe. That's right, the 1-series will no longer be sold in the U.S., so there won't be any 2014 models.

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.

2011 BMW 1 Series Facelift

The BMW 1 Series Coupe & Convertible get a 2011 Facelift To be entirely accurate, the 2011 BMW 1 Series Facelift isn’t across the board – at least not yet. What we are getting – at the Detroit Motor Show next month – is a modest refresh to the cosmetics on the BMW 1 Series Coupe and BMW 1 Series Convertible plus a bit of an oily tweak. On the cosmetic front the 2011 1 Series gets some new light front and back – headlight tweaks, L-shaped tail lights and LEDs front and back – and a new splitter that BMW says creates an air curtain to improve CO2 and reduce drag.