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Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.

Toyota will compete at 2012 Le Mans with a hybrid

Toyota today announced it would compete at the 2012 Le Mans 24-hour race with a hybrid sports car in the LMP1 class. This single rendering has been issued of the new Toyota hybrid race car. The Japanese giant has not competed at Le Mans in a factory team since the late 1990s with the GT-One, which set a lap record in 1999.

New Hyundai i10 will cost from £8,345 – the same as the old i10

The New Hyundai i10 (pictured) will cost from £8,345 – the same as the old i10 The 2014 Hyundai i10 – the new generation of Hyundai’s supermini – arrived officially at the Frankfurt Motor Show last month, and manages to offer a lot more than the old i10. Despite growing in size, getting better looking and offering more, not just in terms of size, than the current/last i10, Hyundai are starting pricing for the new i10 at the same level as the old model – £8,345. The new i10 will come with a choice of two petrol engines – the 1.0 litre 3-cylinder with 65bhp and 0-62mph in 14.9 seconds and the 1.2 litre with 86bhp and a 0-62mph of 12.3 seconds – as well as a choice of three trim levels – S, SE and Premium.