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McLaren lock out front row in Australian F1 Grand Prix qualifying

Lewis Hamilton is on pole with Jenson Button alongside for the 2012 Australian F1 Grand Prix Lewis Hamilton is on pole with Jenson Button alongside for the 2012 Australian F1 Grand Prix after qualifying in Melbourne. Most of the pit lane thought McLaren had got it wrong with their new nose – a sleek nose instead of the stepped one almost all the rest of the field have this year – but as far as the opening qualifying of the 2012 F1 circus they seem to have got it just right. Hamilton set a stunning lap to open final qualifying, with Jenson Button managing to almost match his team mate with a lap just 0.152 seconds behind to make the front row a McLaren lock-out.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.

Nissan recall due to faulty airbag sensors

Nissan is recalling the Altima, Leaf, Pathfinder, Sentra and Infiniti JX35 vehicles from model year 2013 due to a problem with passenger airbag sensors. According to NHTSA, there's a chance the sensors within the passenger Occupant Detection System (ODS) were manufactured out of specification, which could keep the passenger airbags from deploying in a crash. Nissan will notify owners in April, and dealers will inspect affected vehicles, replacing faulty sensors at no charge to the customer.