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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.

India Vehicle Design Summit 2014 announced for April

The India Vehicle Design Summit 2014 will be the first in its history to focus exclusively on the ‘design and styling' of commercial and passenger vehicles. Taking place at The Corinthians Resort and Club in Pune from 24-25 April, the summit will feature speakers from brands including Jaguar, Ferrari and McLaren and industry experts from companies such as Volvo, GM and Tata as well as institutions such as the National Institute of Design in India and London's Royal College of Arts. Confirmed speakers include Volvo China's chief designer Gustavo Guerra, renowned designer Peter Stevens and Anil Saiini, director of design at GM India.

U-turn for wheelchair row taxi firm

A TAXI firm that refused to pick up wheelchair users has had to perform a U-turn. Middlesbrough-based Boro Cars, the largest taxi firm in the North East, had originally said refusing disabled passengers was "morally wrong", but it brought in the policy anyway. The firm insists that minibuses cost drivers more to rent and that the standard fares, which are the only fares that can be charged to disabled passengers, are not high enough to earn operators any money.