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Ford Figo is aimed at the heart of India's car market

We won't see it on our shores, but Ford has used the Fiesta platform to create the Figo for India and other markets in the Asia-Pacific and Africa regions. Ford CEO Alan Mulally introduced the Figo on Wednesday in Delhi. The car will be built at Ford's plant in Chennai, India.

Self-driving Tesla could hit roads within three years

Electric car manufacturer Tesla has said that self-driving cars could be a reality within the next three years, with the firm targeting a computer-guided version of its Model S saloon. Tesla chief executive officer Elon Musk said in an interview with the Financial Times that the autonomous driving technology would act like “an autopilot” that could be switched on and off like an aeroplane’s guidance system. On Bing: see pictures of autonomous cars Find out how much a used Tesla costs on Auto Trader However, while Musk claimed that 90% of distances driven today would be able to be completed autonomously in three years’ time, he also admitted that fully self-driving vehicles may be a “bridge too far” in the near future.

Economic downturn might hit plans for Porsche small roadster

Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.