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Ford posts best June sales performance in down market

In a month of sandbagged auto sales, Ford was the clear winner. The Blue Oval posted a sales decline of “just” 10.7 percent in June, in a market that fell nearly 27.7 percent. It was by far the best showing of any major carmaker, helped by strong sales of its Fusion sedan and Escape crossover.

Tesla recalls Roadster for short in power cable, fire risk

Tesla Motors is recalling its electric Roadster 2.0 and 2.5 models because a power cable may short and catch fire. The 12-volt cable, located behind the right-front headlight, could rub against the carbon-fiber paneling causing the cable to short, begin smoking and possibly catch fire, Tesla said. The cable is part of a backup system that powers the headlights, taillights, turn signals and airbags if the primary 12-volt cable fails.

Tesla: Model S sales to begin in second quarter of 2012

Tesla Motors plans to begin delivering the Model S electric sedan in the second quarter of 2012 and expects to produce about 20,000 units annually, the company said at the Detroit auto show on Monday. Tesla has booked more than 3,000 reservations for the Model S in North America and Europe. The car's expected base price is $49,000.