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New 2015 Ford Focus ST revealed – Diesel ST gets 182 bhp

The new Ford Focus ST arrives – and there’s a diesel version too. Following a tease for the new Ford Focus ST earlier this week, Ford has now revealed the new ST – and the ST diesel – as Ford’s refreshed ST heads to the Goodwood Festival of Speed for its public debut today. Now available not only as a hatchback and estate, but with a petrol or diesel too, the 2015 ST gets lots of cosmetic teaks that match those the rest of the Focus range got recently.

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.

New BMW M1 – the Green Supercar

BMW are planning a new Supercar - a 'Green' M1. BMW M1 Hommage pictured. Earlier this year BMW took the M1 Homage (or Hommage, if you’re German) to the Melbourne motor show, a concept designed to show what BMW thought a new M1 for the 21st century would look like.