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SEMA 2008 show report: Volkswagen Passat CC

By Ben Whitworth Motor Shows 07 November 2008 09:00 Volkswagen’s sobriety took a back seat at the SEMA show in Las Vegas this week – it pulled the covers off a pair of muscle-bound Passat CCs, a racy 295bhp Tiguan and a grunty diesel Jetta aimed at cajoling the American market into turning its back on gasoline. The unambiguously named Performance CC – designed by Volkswagen’s California-based design centre – gets a shot in the arm from a three-stage turbo boost to its 2.0-litre TSI engine. In Eco mode you get a modest 222bhp and 236 lb ft of torque, GT mode hikes those outputs to 252bhp and 268 lbs ft, while the Full Power stage unleashes 311bhp and 313 lb ft.

Toyota Yaris (2011): first official pictures

Toyota has issued these first pictures of its new Yaris supermini. It's the third-generation Toyota Yaris and seems to mix some of the Vauxhall Corsa creases with the proportions of a Renault Clio. It's a pert, very Euro piece of design, neatly incorporating the latest Toyota motifs - and you can judge for yourself when it goes on sale here in summer 2011.

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.