96240000 Rotor, Ignition For Fiat 850 Spider/racer on 2040-parts.com

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.

Pagani Huayra – name confirmed – Exclusive!

That little die-cast Pagani? It IS the Pagani Huayra We’ve had a little blat of activity over the last week or so on the replacement for the Pagani Zonda – the car we have known until recently only by its Pagani codename – the Pagani C9. Yesterday we ran a story that reported Pagani registering the name Pagani Huayra with EU trademark agencies, which we thought may point to the name for the C9.

New Saab 9-5 (2010): Tons of detail +video

The New Saab 9-5 UK The start of 2010 saw a flurry of stories on Saab as the battle lines were drawn to see who would grab control of GM’s troublesome Swede. Eventually – after many false dawns – that fell to Dutch maker of quirky supercars Spyker who – much to the amazement of all – seem to have a very cohesive forward plan for Saab. Forward plans are all very well, but what matters in the short term is making the most of what you already have.