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Nissan IDx concepts tour Cali

Having traveled from the Tokyo motor show to the Detroit auto show, Nissan's Datsun-inspired IDx concepts are on to much warmer weather. The upcoming three-day tour, starting Jan. 31, will begin in Venice, Calif., on Abbot Kinney Boulevard.

New MG5 revealed – first photos arrive

New MG5 - but don't expect to see it until late 2013 The MG5 has been revealed – a Golf size hatch – and will launch in China this year. The UK and Europe will have to wait until late 2013. The first photos of the new MG 5 fluttered in to our inbox today, and it’s really the first time we’ve reported anything on the next MG from China since this time last year when we had early sketches of the MG5.

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.