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Ford bets customers will pay premium prices for the Fiesta

Ford Motor Co. will charge more than $23,000 for a fully loaded Fiesta, a new car smaller than the Focus. Ford thinks consumers are ready to pay premium prices for small cars, which long have been dominated by budget shoppers.

Tesla Model S goes up in price

The electric Tesla Model S – which won’t arrive in the UK until at least late in 2013 – is going up in price in the US and gets a spec change. The Tesla Model S is perhaps, just perhaps, the only really credible electric car so far; a luxury ‘Sports’ saloon car that offers range almost comparable to an ICE car and, it seems, prices that aren’t an awful lot different. That makes it a far more appealing prospect as a replacement for an ICE car than anything we’ve previously seen.

Exclusive: Joel Piaskowski to head Mercedes-Benz Advanced Design NA

Thanks to our contacts within the automotive design community, Car Design News can confirm that Joel Piaskowski, who resigned from his position as Chief Designer at Hyundai's North American design studios on December 19, 2008, will be taking over the position previously held by Gorden Wagener at Mercedes-Benz Advanced Design. He starts his new job on Monday, January 12. Mercedes-Benz has made a few changes to its design team since taking over the Carlsbad facility from Chrysler last year, notably the retirement of Prof.