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Peugeot 208 T16 Pikes Peak – Sebastian Loeb is impressed (video)

The Pikes Peak hillclimb is an awesome event with more than 150 turns on a course more than 12 miles long running up in to the clouds at the summit of Pikes Peak Mountain. This year Peugeot are back to take on Pikes Peak in a car they like to describe as a Peugeot 208, but apart from the name it has nothing much more than a passing resemblance to Peugeot’s latest hatchback. For a start, it has a 3.2 litre twin-turbo V6 that delivers an incredible 875bhp which is enough to get to 62mph in a neck snapping 1.8 seconds and 150mph in an equally unbelievable 7 seconds.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

New car sales in Cuba soured by 400-percent markups

While most analysts expected Cuba's lift of a decades-long ban on the sale of new cars to come with an asterisk or five, few could have predicted that the internationally hailed move would immediately turn out to be a mirage. Private car sales in Cuba have been heavily regulated by the government since 1959, and imports had been banned almost entirely. On Jan.