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Aston says One-77 prototype hits 220-mph mark

Aston Martin's One-77 supercar looks fast--and it goes fast. The British luxury-car maker says a prototype of the One-77 notched 220.007 mph during testing in southern Europe. The speed mark was set in dry and windy conditions.

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.

'Mr. Bean' actor crashes his McLaren F1

British actor Rowan Atkinson, best recognized as "Mr. Bean," crashed his McLaren F1 supercar on Thursday just north of London. Reports say Atkinson was driving his F1--one of the world's fastest road cars--about 85 miles outside London when the incident occurred.