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.

2015 Jaguar F-Type Coupe drive review

What Is It? Jaguar put an all-aluminum roof on the all-aluminum F-Type sports car and doubled the car's torsional rigidity. Since it had twice the torsional rigidity, engineers firmed up the continuously adjusting Adaptive Dynamics dampers and added stiffer springs for better handling.

Renault Latitude (2010) first official pictures

These are the first official pictures of the new Renault Latitude, a car out to steal sales from Skoda’s Superb. It's aimed at emerging markets, rather than Europe. No.