Tesla Roadster price slashed to $1,658 (per monthly lease payment)

The Tesla retails, depending upon options, for $104,000-$111.000. But a three-year, 30,000-mile lease is now available for as little as $1,158 per month, or about $55 per day. There’s small type, too: the leasing customer needs to provide $12,453 due at signing, which includes a $9,900 down payment and $895 acquisition fee but not taxes, title, license, registration, and “locally applied” fees. The Tesla Roadster has two seats, 248 horsepower and powers from 0-60 mph in less than four seconds. Such performance, of course, likely means expensive insurance premiums. They’re not included in the monthly lease payment. Like other leases,

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Rare 1937 BMW roadster set for London auction

The BMW 328 Mille Miglia ‘Büegelfalte’, chassis no. 85032, was part of the manufacturer’s early sports racing activity in the pre-war years. Chassis 85032 was manufactured in May 1937 as a standard-bodied car for Rudolf Schleicher´s Experimental Department at BMW. The car participated in the 1937 Le Mans with the well-known British driver of the period, A.F.P. Fane, as well as the 1937 Tourist Trophy in the hands of H.G. Dobbs. The following year it participated in the 1938 Mille Miglia and won a notable victory in the 2.0-litre class, again with Fane driving and William James as co-driver. The

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Nissan Rogue, Hyundai Tucson, 2010: The Weekly Driver Car Reviews (videos)

The Tucson has received a lot praise with its all new design and estimated 31 mpg highway mileage (I got 23.5 mpg in mostly freeway mileage during my weekly test.) The Nissan Rogue is rated at 27 mpg on the highway and that’s closer to my average during my week with the car. The Nissan Rogue I tested had an exterior color of Venom Red; The Hyundai Tucson exterior I drove for a week had an exterior of color of Garnet Red. Put the SUVs side by side, and they’re the same color. Here’s what Car and Driver said about

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Chrysler will replace potentially faulty airbag sensor in Town & Country, Dodge Grand Caravan

Chrysler’s “safety improvement campaign,” which will begin in June, included 259,437 vehicles in the United States and 72,035 in Canada. The move comes after Chrysler found one of the front airbag crash sensors could crack under some environmental conditions and allow water to enter the sensor, potentially causing the sensor to become inoperative. The company, which is controlled by Fiat SpA, said it is not aware of any complaints, injuries or property damage related the sensor issue. Chrysler said the campaign is different from a recall because should problems occur, the vehicles would still meet crash standards outlined by U.S.

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Honda three-wheel concept vehicle will debut at Geneva Motor Show

According to Honda, the electrical powertrain consisting of a motor and a battery pack will be housed in a front storage cell ahead of the driver’s seat. The power cell will be provided with a lock in order to ensure enhanced safety of the battery pack. The enclosed capsule of the auto will make the Honda 3R-C an all-weather motor option. With the introduction of the third wheel, physically challenged persons will also be able to experience the thrill of biking using the Honda 3R-C. European designers created the concept at the Honda’s R&D facility in Milan, Italy; however, there

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Toyota? Toyoda? What's in a name? Try rice paddies and good fortune

The original name of the car was Toyoda. But in 1937, Toyoda had a public competition to design a new logo. The winning entry of 27,000 was the three Japanese katakana letters for Toyoda (トヨダ) in a circle. But family member Risaburo Toyoda (her married name is Toyoda) preferred the word Toyota (トヨタ). It took eight brush strokes, two less than Toyoda. Eight is also a number of good fortune in Japan. But there’s more. The literal translation of Toyoda is “fertile rice paddies.” Toyota was also adopted to distance the company from old-fashioned farming methods. It was trademarked and

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Bloom Energy bloom box debuts, hailed as 'future of American energy'

Fuel cells rely upon chemical reactions to generate energy rather than fossil fuels, and as such are considered cleaner, more affordable, and more reliable than the traditional energy sources. Bloom Energy’s national public debut after years of secrecy occurred Feb. 22 when the Dr. KR Sridnar, the compmay’s principal co-founder and CEO, was featured in a 60 Minutes interview with Lesley Stahl. The segment generated global response, but conspicuously absent from the interview was any relationship or potential application of the “Bloom Box” to the automotive industry pursuit for cleaner omissions and improved efficiency. Dr. Sridhar repeated the same enthusiasm

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Hummer no more as GM, China truck company deal fizzles

General Motors Co has announced it will wind down its Hummer SUV line after failing to complete a deal to sell the brand to China’s Sichuan Tengzhong Heavy Industrial Machinery Co. GM had hoped to sell the poor-selling brand to Tengzhong, an industrial equipment maker based in Sichuan province, the the deal in negotiations for monthly, dissolved. GM said it will continue to honor warranties and provide service support and spare parts to current Hummer owners. The first model, the Hum-Vee, was built in a variety of military-based equipment and versions. These included troop carriers, gun turrets and radar. The

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Toyota Hearings: Akio Toyoda, 'We will invest heavily in quality' (part 3)

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Here is the third of three parts of Toyoda’s prepared text: “Since last June, when I first took office, I have personally placed the highest priority on improving quality over quantity, and I have shared that direction with our stakeholders. As you well know, I am the grandson of the founder, and all the Toyota vehicles bear my name.” “For me, when the cars are damaged, it is as though I am as well. I, more than anyone, wish for Toyota‘s cars to be safe, and for our customers to feel safe when they use our vehicles.” “Under my leadership,

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Toyota Hearings: Akio Toyoda, 'Priorities became confused' (part 2)

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Here is the second of three parts of Toyoda’s prepared statement: “At Toyota, we believe the key to making quality products is to develop quality people. Each employee thinks about what he or she should do, continuously making improvements, and by doing so, makes even better cars.” “We have been actively engaged in developing people who share and can execute on this core value. It has been over 50 years since we began selling in this great country, and over 25 years since we started production here.” “And in the process, we have been able to share this core value

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Toyota Hearings: Akio Toyoda, 'Our customers feel uncertain' (part 1)

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“I am Akio Toyoda of Toyota Motor Corporation. I would first like to state that I love cars as much as anyone, and I love Toyota as much as anyone. I take the utmost pleasure in offering vehicles that our customers love, and I know that Toyota‘s 200,000 team members, dealers, and suppliers across America feel the same way.” “However, in the past few months, our customers have started to feel uncertain about the safety of Toyota‘s vehicles, and I take full responsibility for that. Today, I would like to explain to the American people, as well as our customers

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Honda Odyssey, 2011: Roman Mica's Rambling Review (video)

Power for the new Odyssey will come from Honda’s 3.5 liter V6 and expect 19 miles per gallon in the city and 28 miles per gallon on the highway. Take a look at the video below to see if you agree that Honda has built a (dare we say it) sleek and sexy minivan. To view more of Roman Mica’s new car reviews and videos, visit: www.tflcar.com. Facts & Figures: 2011 Honda Odyssey Specification Details Engine 6-cylinder, 3.5L Transmission Automatic 5-spd Drivetrain Front-Wheel Drive Fuel Economy 18 city / 27 hwy / 21 combined mpg Fuel Type Regular Gasoline James

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Toyota Camry, 2010: Roman Mica's Rambling Review (video)

Here is Mica’s synopsis and video: “The Toyota Camry is typically a pretty sedate family sedan. But what happens when you add a silky smooth V6, sports tuned suspension and big Toyota Racing Development wheels? Perhaps the best word to describe the car’s performance and handling is athletic. You can actually feel what the wheels are doing and (get this) the steering is lively and precise in a way that’s more accomplished weekend worrier than couch potato. 2010 Toyota Camry SE V6 Price as Tested: $33,485.00; Engine, Transmission: 3.5 L V6 with 6 speed sequential shift; Horsepower: 268; PocketDyno Test

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Honda Fit, Toyota Prius get top value honors, Lexus best overall in Consumer Reports annual auto issue

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The Honda Fit and the Toyota Prius each earned a value score of 2.08 and provided the best overall value despite being very different cars. Scores are expressed in relation to the value of the average vehicle (designated 1.00). A score of 2.00 represents twice the value of the average model. In total points, based on the magazine’s average road test scores and predicted reliability scores, Honda and Subaru tied for first with an overall score of 77 out of 100 points in Consumer Reports’ ranking. Toyota and Hyundai finished second and third while Nissan and Volkswagen tied for fourth.

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Toyota adds Tacoma, Sequoia, Venza to brake override repair list

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Models added to the list: the 2005-2010 Tacoma pickup, 2008-2010 Sequoia and 2009-2010 Venza. Toyota says the override feature is not part of previously issued recalls for accelerator pedal repairs. Nonetheless, the models have been added to give Toyota customers an additional measure of confidence in their vehicles. The “smart throttle” will be installed on Venza and Tacoma models when the vehicles are brought in for the pedal recall. Sequoia owners will be notified separately. While investigation continues into possible causes for Toyota unintended acceleration issues, this override should help drivers control the vehicle during acceleration incidents, providing an intuitive

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Toyota recall hearings: Akio Toyoda testimony key to carmaker's future

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According to a report on AOL Autos, what is expected to occur is that Toyoda will be asked four primary questions about the Toyota recall. 1. Why didn’t Toyota‘s quality-control measures prevent the problems that now affect millions of cars?; 2. How quickly will the automaker be able to bring in and fix those cars?; 3. Why was Toyota so slow to make the decisions to recall them?; 4. Did Toyota cover up any early knowledge about the defects, or put its finger on the scales of research meant to find problems with its vehicles? Toyota U.S. Chief Operating Officer

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