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Mercedes 300SL Gullwing – the return

Gullwing GmbH are to create a faithful reproduction of the iconic Mercedes 300SL Gullwing The 1950s Mercedes 300SL Gullwing is an iconic car. Remembered affectionately by those old enough to remember it first time round (which I actually don’t!) and associated in the minds of car nuts with Sir Stirling Moss and his exploits in the Mille Miglia (it seems every classic Gullwing that comes on the market is somehow miraculously ‘Driven by Stirling Moss’), it is the epitome of ‘Cool Car’. The huge appeal of the classic Gullwing is also responsible for the direction of the new Mercedes SLS, which pays huge homage to the design of the original.

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.

Compulsory emissions laws leaked to CAR Online

By Tim Pollard Motoring Issues 23 January 2007 05:53 Every performance car, MPV and large saloon on sale today is under threat from proposed legislation limiting CO2 emissions to an average of 120g/km by 2012, CAR Online has learned. EU environment commissioner Stavros Dimas is expected to announce the shock new directive in the next few days - it's designed to force companies to meet tough targets or face big fines. CAR Online has uncovered details of the proposals before they are published.