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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.

Volkswagen Golf GTE Plug-in Hybrid UK debut

The VW Golf GTE (pictured) gets its UK debut at the NEX next week The Volkswagen Golf GTE – which VW see as a plug-in hybrid Golf GTI – was revealed in February ahead of its debut at the Geneva Motor Show last month and is now heading for the Gadget Show Live at the NEC next week for its UK debut. With a 1.4 litre TSI petrol turbo producing 148bhp and a 101 bhp electric motor, the Golf GTE promises decent performance – 0-62mph in 7.6 seconds – daft official economy figures of 188 mpg and the ability to run on electric power only for up to 31 miles. It’s an appealing combination for a Golf that can offer city running benefits with a turn of decent performance when the mood takes, although at a price likely to be north of £30k it’s not exactly a budget buy.

Porsche Cayenne GTS Design Edition 3

Porsche introduces the Cayenne GTS Design Edition 3 for £64,753. [ad#ad-1] Despite ‘The Economy’ and the general antipathy towards big SUVs, the Porsche Cayenne powers on and still sells in numbers that astonish those who don’t understand the car. The last model to be introduced (apart from the very limited Cayenne Transsyberia) was the GTS; a more road-focused version with a tweaked version of the normally aspirated 4.8 litre V8.