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The great Tesla bubble of 2013

Do I go too far out on a limb to suggest Tesla is the modern-day version of the Great Tulip Bubble of March 1637? Remember, that was when speculators drove prices of just-introduced tulip bulbs to astronomical heights. Some single bulbs cost more than 10 times an average working man's salary.

Volvo extends its range of DRIVe Eco cars

It really is remarkable what car makers can do when pushed. After years of thirsty cars, more and more manufacturers are showing us what can be done when they make a real effort in this direction (and not always at the expense of performance), and the latest is Volvo, which has extended its range of DRIVe cars to seven. Volvo DRIVe range extended to seven models - will show at Geneva '09 The full DRIVe range will be revealed at Geneva ’09, and includes the C30, S40, V50, V70, S80, XC60 and XC70.

New car sales in Cuba soured by 400-percent markups

While most analysts expected Cuba's lift of a decades-long ban on the sale of new cars to come with an asterisk or five, few could have predicted that the internationally hailed move would immediately turn out to be a mirage. Private car sales in Cuba have been heavily regulated by the government since 1959, and imports had been banned almost entirely. On Jan.