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Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

Whiplash claim legal costs rising

GOVERNMENT attempts to reduce legal costs from whiplash injury claims seem to be failing. The average legal costs for small, whiplash-like third party injury (TPI) claims now stand at £2,500 per claimant, according to a report by the Institute and Faculty of Actuaries. The institute said this was a 15% increase since 2010 "when the Ministry of Justice introduced new measures which sought, in part, to contain legal costs".

VW 1L and electric Audi R8 (2009) leak early

By Tim Pollard First Official Pictures 14 September 2009 13:44 As usual, the embargos are tumbling ahead of the 2009 Frankfurt motor show – with photos of the new VW 1L concept car and electric Audi R8 spreading like wildfire. Both were supposed to be surprises held for a soirée on the eve of the show. Volkswagen’s 1L concept car is Wolfsburg’s latest incarnation of its cigar-shaped two-seater.