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2010 Buick LaCrosse launches at Detroit Auto Show

Update: Click here to watch video of the Buick LaCrosse: http://miad.autoweek.com/vidcast/2010_buick_lacrosse.m4v General Motors’ Buick division will launch the redesigned-from-the-ground-up Buick LaCrosse at the 2009 Detroit Auto Show in Detroit on Jan. 12. GM says the new LaCrosse is truly global, with an exterior designed in the States (and reminiscent of the Invicta concept from the 2008 Beijing motor show), an interior developed in China, Buick’s biggest market, and a platform done by Opel in Europe.

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.

Mercedes-Benz recalling 2,297 diesel cars for fuel leak

Mercedes-Benz is recalling nearly 2,300 diesel-powered cars to fix a leak in the fuel system. The recall covers 2011 models of the E-class, the GL-class, the M-class and the R-class. The fuel leak is caused by a faulty fuel-filter O-ring that may have not been properly lubricated.