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New GM chairman Whitacre to be featured in TV ad campaign

General Motors Co. will launch a broad post-bankruptcy advertising campaign next week with an introductory TV spot featuring new Chairman Ed Whitacre, sources familiar with the plan said on Wednesday. The ad is expected to last 60 seconds and was created by the ad agency McCann-Erickson Worldwide.

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.

College Exhibition: CCS - American Iron and Steel Institute project 2006

Students from Detroit's College for Creative Studies and University of Michigan have unveiled the results of the 18th annual American Iron and Steel Institute (AISI) summer automotive design internship. Three engineering students joined three transportation design students to produce concept vehicles that targeted either Generation X, Baby Boomers and the Millennial generation. The concept vehicles embody leading-edge steel technology utilizing a flexible platform.