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Tesla planning car to take on Nissan LEAF – and maybe sell out to Apple

Elon Musk is buoyed by the success of the Tesla S and the seemingly inexorable rise in Tesla’s stock which has allowed Tesla to repay its government loans way ahead of schedule. Now Musk has been getting adventurous in an interview with Bloomberg where he’s stated that the next plan for Tesla is to build a smaller, more affordable electric car that can take on the Nissan LEAF. Musk plans to stay in control of Tesla until plans for a news small EV are complete, and said: With the Model S, you have a compelling car that’s too expensive for most people.

Mercedes-Benz, BMW both post record September sales

Not only are the German horsepower wars still going strong, but if this next bit of news isn't evidence of German sales wars, then we don't know what is. BMW sold 189,675 vehicles worldwide during the month of September, an increase of 6.7 percent over the previous year, which also made it the best September sales month for the automaker. This comes with a small asterisk -- namely, that figure includes Mini and Rolls-Royce sales, though if we're talking just BMW-badged vehicles, the September sales totaled 158,029 (still a 7.6 percent increase over September of 2012).

Honda to build new Acura ILX sedan in Indiana

Honda said today it will build the Acura ILX, a new, entry-level luxury sedan, in Greensburg, Ind., starting in the spring. The Acura ILX sedan will debut as a concept at the 2012 Detroit auto show next month, Honda said earlier Monday. It will replace the TSX and be marketed as the gateway to Acura's U.S.