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Tesla rolls out Model S hatchback, plans late 2011 start

Amidst thumping techno and inside his own rocket factory, Tesla founder and CEO Elon Musk pulled the cover off his much-anticipated second car onThursday. The Model S five-door hatchback will go into production in late 2011 at a rate of 20,000 per year. Prices will start at $49,900 for the base model, a price that assumes the $7,500 current Federal tax credit available.

Volvo S80 Executive & V70 R-Design launched

The Volvo V70 gets a bit of added butch with the launch of the V70 R-Design The last news we had from Volvo was that the S60 & XC60 R-Design were going to get more get up and go. Sadly, the extra oomph was reserved for the US. Today’s news, however, applies to Volvos on both sides of the Pond, with a new top-end S80 being revealed – the Volvo S80 Executive – and a butch take on the V70 – the Volvo V70 R-Design.

Design an MG sports car for 2025, win a scholarship and internship at SAIC

SAIC has announced its second university student design competition. To be in with a shout, SAIC wants students to design a dream sports car or GT car for the MG brand to be launched in 2025. The brief asks for a concept that must not only must reference MG's history – 2014 is the firm's 90th anniversary – but that also reflects China's post-90s generation.