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Peugeot 408 GT teased ahead of Beijing 2014 debut

Peugeot will show a new concept car at the 2014 Beijing Motor Show this April, hinting at a small four-door coupe that could rival the Mercedes-Benz CLA. The prototype will most likely be based on the French firm’s current 308 hatchback – underpinned by PSA Peugeot Citroen’s latest EMP2 platform – and will continue to evolve the brand’s new design direction. On Bing: see pictures of the Peugeot 308 Find out how much a used Peugeot 308 costs on Auto Trader The concept is thought to be relevant to the Chinese market only, however, as Peugeot already sells a 408 saloon model solely in that territory, based on its older 308 hatch.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.

Nissan Townpod concept

Nissan showed off a fresh take on the urban vehicle with the Townpod concept in Paris. Part coupe, part commercial vehicle – according to a Nissan spokesperson we spoke to at the show – the Townpod concept features a clear product aesthetic and the inherent practicality of a van, without resorting to outright utilitarianism. Read our opinions of the Nissan Townpod concept in our 2010 Paris Motor Show Highlights, and see more images of the concept in the gallery below.