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Tesla: Model S sales to begin in second quarter of 2012

Tesla Motors plans to begin delivering the Model S electric sedan in the second quarter of 2012 and expects to produce about 20,000 units annually, the company said at the Detroit auto show on Monday. Tesla has booked more than 3,000 reservations for the Model S in North America and Europe. The car's expected base price is $49,000.

Goodwood Festival of Speed 2011 preview

Lord March has kicked off the countdown to the 2011 Goodwood Festival of Speed at the annual press preview. The theme is Racing Revolutions - Quantum Leaps That Shaped Motorsport. Lord March said it meant a mouth-watering array of cars, celebrating tech advances such as 4wd, carbonfibre and monocoque construction. Naturally, there are a number of anniversaries to celebrate: the centenary of the Indianapolis 500 race, 100 years of Chevrolet, the Jaguar E-type's golden birthday and 110 years of Skoda motorsport involvement.

Hyundai ponders second U.S. plant

As a lack of production capacity restrains its growth, Hyundai will consider a second U.S. assembly plant. "That's something that we're going to look at," Hyundai Motor America CEO John Krafcik said last week at the Detroit auto show.