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Tesla: Factory on track for 2012 Model S launch

At Tesla Motors Inc.'s first annual shareholders meeting since going public last July, Tesla CEO Elon Musk provided a vision of using the full capacity of the former New United Motor Manufacturing Inc. plant it acquired from Toyota. He also discussed a string of electric vehicles and the possibility of a chain of company-owned charging stations and battery-swap facilities.

U.S. sales, aided by General Motors, show some real spark in October

U.S. light-vehicle sales--bolstered by General Motor Co.'s first gain in 21 months--declined less than 1 percent in October as the industry showed signs of a recovery without the aid of government incentives. The drop was the smallest this year and made October the year's strongest month aside from August, which received a lift from the federal cash-for-clunkers program.

Maybach 57S Coupe arrives

The Maybach 57S Coupe by Xenatec Regular readers will know that we gave due warning back in March that Maybach was going to be allowed to wither on the vine rather than get new models, apart from a run-out Maybach Coupe based on the Maybach 57S and ‘produced’ by German firm Xenatec. Mercedes refuted our story about the Maybach badge being allowed to die again soon after the story ran (although there were rumblings at Paris last week that Mercedes has lost patience with Maybach. We’ll see), but what we did get was an official announcement that there will indeed be 100 Maybach 57S Coupes built by Xantech and that they will costs a rather large €675,000.