Reese 45007 Class V Titan Receiver on 2040-parts.com

New BMW X5 meets its E53 & E70 X5 ancestors (video)

The three generations of the BMW X5 meet The new BMW X5 has just been revealed, and it follows the formula of its predecessors to deliver a new X5 that has more of everything previous X5s offered – performance, economy, space, practicality and luxury. BMW like to call the X5 an ‘SAV’ (Sports Activity vehicle) to differentiate it from real SUVs; although the X5 has four-wheel drive it’s not really a mud-plugger like a Land Rover, but more a 5-Series on stilts. But it’s a successful formula that started with the first generation X5 (E53) in 1999.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.

£10 million of cars in a Shed

The very rare Mercedes 600 Pullman Landaulet It seems a bit odd, walking in to a unit which looks from the outside as if it should be turning out plastic widgets or some other industrial estate fodder, to be confronted by a sea of glorious cars. Walk through the door and there sits the pair of RHD Mercedes CLK-GTRs we reported on recently. Stunning to look at, they look better in the flesh than in the pictures.