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GM tipped to buy Tesla in 2014 - report

Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.

Audi win at Le Mans – again

Audi has not only won at the 2012 Le Mans 24 Hour, but they’ve taken 2nd, 3rd and 5th places too in the diesel hybrid R18 e-Tron. It’s a huge achievement to win at Le Mans, so hats off – yet again - to the incredible Audi team with another stunning win at Le Mans – the 11th time in the last thirteen years - and for their 2nd, 3rd and 5th place too. The winning Audi R18 e-Tron was the first hybrid car to win at Le Mans and was brilliantly driven by Marcel Fässler (Swiss), André Lotterer (German) and Benoît Tréluyer (French).

GM improves, Toyota slips as industry sales decline eases

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March. Drops of 33 percent at Ford Motor Co. and GM were in line with analysts' forecasts, as was American Honda's 25.3 percent slide.