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Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

BMW-Toyota partnership may yield hybrid Z4, new Supra

The BMW-Toyota sports-car lash-up has been reported on for a couple of years now, but new information from a report in the U.K.'s Autocar sheds more light on the future of the BMW Z4 and what this year's Toyota FT-1 concept will ultimately herald. Like the current Z4, its predecessor and the Z3 before it, as well as every generation of Supra, the new platform will feature a front-mounted gasoline engine. From there, things look to be diverging wildly as technology marches forward.

Mercedes' GLK problem: Too many high-end models in the U.S.

Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions. Ernst Lieb, CEO of Mercedes-Benz USA, said the company exported too many high-end models for the January U.S. launch.