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Tesla teases Model S prior to debut

Prior to its world debut on March 26, Tesla has decided to whet the appetites of green-car fans by releasing a teaser image of its upcoming Model S sedan. Under the direction of former Mazda designer Franz von Holzhausen, the Model S features a rounded front nose, a front fender plate with an affixed Tesla emblem and a noticeably shorter hoodline. Unlike the Fisker Karma, the Model S will be powered solely on battery propulsion and do without a range-extending engine, which helps accommodate the shorter hood.

Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Arash AF10

Arash Motors is the latest in a succession of recently established low-volume manufacturers, and has unveiled their first car, the AF10, at the British Motor Show in London. Since the company's conception in March this year, the team has been working continuously on the AF10, with styling done in-house by Arash Farboud Designs. The company is based in Cambridge, UK, with testing of the bespoke chassis done at the nearby Millbrooke circuit.