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Kia won't build Soul Koup, but it could

There are no plans whatsoever to bring a Soul coupe to the market, Kia said when we gave a spokesperson a call. "We're constantly evaluating the market," he told us, "but there are no future Soul derivatives in the works, no ideas currently being explored." This contradicts a rumor currently spreading across the Internet. They have all concluded that Kia's two-door Soul will look like the above.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.

Toyota to build Corollas at revived Mississippi plant starting in late 2011

Toyota will resume construction on its mothballed plant in Mississippi and begin producing the Corolla there late next year. “We first needed to fully utilize our existing facilities as the economy slowed,” Yoshimi Inaba, president of Toyota Motor North America, said in a statement Thursday. “Now it's time to fulfill Toyota's promise in Mississippi.” The automaker said it will hire 2,000 workers “soon.” Corolla output would mark another shift for the project.