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Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

Winners announced for Car Design Awards China 2010

The winners of the inaugural Car Design Awards China 2010 were announced at an awards ceremony on 21 April in Beijing, just prior to Auto China. Automotive design directors and the design press gathered at automotive design studio CH-Auto to celebrate the achievements of the next generation of car designers. Presenters Edward Wong (China Central Academy of Fine Arts) and Kumo Chiu (Idea Dao Design) took to the stage and introduced the winning student designers in five awards categories.

Suburban Terror: Hennessey offers upgrade packages for GMC SUVs

Lest you think that Hennessey Performance Engineering will only tune up your Dodge Viper or Cadillac CTS-V, feast your eyes on this little number showing one of the company's souped-up SUVs taking on a 2011 Nissan GT-R. It's really an unfair fight: The Cadillac Escalade sports a 6.2-liter V8 which in stock form makes about 400 hp. But Hennessey, not looking for a beatdown, drops a twin-turbocharged 427 cubic-inch LSX engine with high-flow cylinder heads, intake and exhaust upgrades, a performance camshaft and a laundry list of other parts to bring the truck's output to 1,000 hp.