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Honda Insight goes for $1,560 less with new base model

Honda slashed $1,560 from the base price of its Insight hybrid for the 2011 model year, creating a new entry-level trim that carries a sticker price of $18,950, including destination charges. The move gives the Insight a pricing edge of about $4,610 over the Toyota Prius. The Insight LX was the base model for the 2010 model year, and its price started at $20,510.

Tesla Model X Electric SUV production confirmed for early 2015

The Tesla Model X SUV (pictured) will start production in early 2015 The Tesla Model S electric car has been a bigger success than anyone could have guessed, and is probably the only electric car that offers a real alternative to an ICE car. But a one-model range is not a recipe for long-term success, so Tesla are planning on delivering a 4WD electric SUV and a BMW 3-Series EV to add to the Model S, with production of the Model X SUV now conformed for early 2015. In an email to customer who have already put a deposit down on the Model X SUV, tesla reveals that they will be building the first production prototypes this Autumn, and that proper production of the Model X will commence in early 2015.

New Chevrolet Camaro to pace Indy 500

The Chevrolet Corvette's five-year reign as the pace car for the Indianapolis 500 has come to an end. The Indianapolis Motor Speedway said on Thursday that the pace car for this year's race will be the reborn Chevrolet Camaro. The pace Camaro is painted silver with red graphics.