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Opel offers glimpse at futuristic Monza concept car

Opel is about to show us a glimpse of its future with the Monza concept car, which will be revealed at the Frankfurt Motor Show later this fall. The Monza, a nameplate we haven't seen for a while, will preview Opels of the near future, showcasing technology and design rather than being a production-ready car. But some of the styling will surely trickle down to the company's road cars.

Honda's future: small cars, no NSX or Euro Acura

Honda CRZ concept at the 2009 Tokyo motor show; one of the cars unveiled by Honda CEO Takanobu Ito By Ben Pulman Motor Industry 23 October 2009 11:22 Honda chief executive Takanobu Ito today spelled out his vision for the next decade at Honda to CAR Online. No successor to the NSX is under development, but there will be a smaller city car slotting under the Jazz in Honda's range. It will be launched in Asia at first, potentially following in the rest of the world.Ito, who is also president of Honda R&D, said that the company had no firm plans for a pure battery electric vehicle at this stage – the onus is on hybrid petrol electric cars and fuel-cell models.It will continue to develop diesels for Europe, but Ito admitted a project to build clean-fuel diesels for the US market had been cancelled.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.