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Renault inaugurates Global Design Studio in Mumbai

On Wednesday this week Renault inaugurated their global design studio in Mumbai, India. The Renault Design India Studio is the sixth edition to Renault's international network of satellite design centres following those in Barcelona, Paris, Kihueng (Korea), Sao Paolo and Bucharest (Romania) and is the third to be inaugurated this year. Speaking at the inauguration, Patrick le Quement, Senior Vice President Design of Renault, said: "We started Renault Design India as an observational unit.

Tesla rolls out Model S hatchback, plans late 2011 start

Amidst thumping techno and inside his own rocket factory, Tesla founder and CEO Elon Musk pulled the cover off his much-anticipated second car onThursday. The Model S five-door hatchback will go into production in late 2011 at a rate of 20,000 per year. Prices will start at $49,900 for the base model, a price that assumes the $7,500 current Federal tax credit available.

Mercedes-Benz slots 4 compacts for U.S.

Mercedes-Benz will launch four compact vehicles in the United States in the next three years with starting prices of $30,000 or below. The vehicles will include a production version of the A-class coupe concept shown last week at the New York auto show. Three variants of Mercedes' new-generation compact family also are headed for the United States.