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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.

Car manufacturing halted in Japan

Nissan cars awaiting export wrecked by Tsunami In the wake of the devastating earthquake and Tsunami that struck Japan last week, the domestic car industry has ground to a halt. Honda, Toyota, Nissan and Mitsubishi have all now said they are halting all production until at least Wednesday in order to allow time to address damage, and to allow staff to make contact with family in affected areas. But it’s not just the damage to plants that’s the problem.

Paul Walker crash 'caused by speed'

CRASH INVESTIGATORS have determined that the Porsche carrying "Fast & Furious" star Paul Walker was travelling at approximately 90mph when it lost control on a California street and smashed into a light pole, killing the actor and his friend. A person who has reviewed the investigators' report said that it concluded unsafe driving, not mechanical problems, caused the crash. The report says driver Roger Rodas was going between 81mph and 94mph when his 2005 Porsche Carrera GT began to drift as it lost control after coming out of a curve.