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Mercedes Concept Coupe SUV is the new Mercedes ML Coupe (MLC)

The Mercedes Coupe Concept SUV (pictured) will debut in Beijing Cars UK reported back in 2011 that a Mercedes ML Coupe (perhaps the Mercedes MLC) was in the planning to take on the BMW X6, and Mercedes confirmed as much when they revealed will build a fifth model at its US plant in Alabama. Mercedes plan to start building their fifth model in Alabama in 2015, and today’s reveal of the Mercedes Concept Coupe SUV – which will debut at the Beijing Motor Show – is the first public step on the way to a coupe version of the M-Class – and the battle to steal sales from the BMW X6. Mercedes aren’t saying much about the Concept Coupe SUV, but they do say it’s a sportily-styled coupe SUV and provide a first look at a series production car expected next year.

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.

Rinspeed Micromax (2013): first pictures of latest Swiss creation

This is niche Swiss manufacturer Rinspeed's latest vision to revolutionise our lives, and our urban transport. Yes, it is the proverbial box on wheels. However, Rinspeed is adamant the 'Micromax' is, in its own words, 'the perfect thing for swift short-distance transfers'.