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Tesla is ridiculously successful, so far

Several Tesla Model S sedans catch fire, company co-founder Elon Musk blames the media, Tesla stock prices rise. Tesla cars are the subject of a recall, Musk blames the word “recall,” Tesla stock soars. Tesla posts what it calls profits but what everyone else views as losses, stock price shoots to $250 a share.

Volvo launches plan to spread servicing costs

Volvo has launched a new website allowing owners of Volvos up to 48 months old the opportunity to purchase a Volvo Service Plan, via either a one-off payment or a fixed monthly fee. It works in a similar way to car insurance, where you have a choice of either paying monthly or upfront. The pre-paid service plans cover any service carried out on Volvos up to six years of age and up to a maximum of ten scheduled services.

Spied: Jaguar F-Type Coupe ahead of LA Motor Show debut

These are the clearest images yet of Jaguar’s new F-Type Coupe, set to be unveiled next week at the LA Motor Show and due on sale in the UK by spring 2014. The car was spotted wearing a camouflage wrap by a car-mad teenager in a supermarket car park in Leamington Spa, Warwickshire, a short drive from Jaguar’s headquarters near Coventry.