The company is planning to start production by late 2013 and the delivery of the vehicle by 2014. However Tesla has not revealed its UK release date so far.
Aston Martin has announced the road-going version of its new V12 Zagato, ahead of the car's debut at the Geneva motorshow in March.
After Ferrari 250 GTO sold for £20.2m, the International Business Times UK looks at the top five most expensive cars ever sold at auction.
Classic Ferrari 250 GTO sells at auction for £20.2m, making it the most expensive car ever sold in the UK.
China's illegal trade practices are causing huge job losses in the US, studies say.
Limo Broker, the London-based limousine hire company has started building the world’s first and fastest stretch limo which is expected to hit the UK roads by the middle of 2012.
'Bond in Motion' exhibition reportedly largest of its kind and showcases some of the most iconic and best-loved Bond vehicles.
Porsche has announced the all-new 2012 Boxster, boasting an ultra- light aluminium body and more agile design with "purposeful" styling, new engines and "significantly enhanced" driving dynamics.
The Volkswagen Up has been named What Car?'s Car of The Year, making Volkswagen the most successful manufacturer in the award's 34 year history.
The focus of the current auto show was manly on value, fuel efficiency and new technology.
Three Bayern Munich players visited the Audi pavilion at the ongoing Delhi Auto Show.
Unlike the previous motor show where the spotlight was mainly on small cars, the 11th edition of the Delhi Auto Expo focuses more on fuel-efficient sedans, SUVs and EVs.
The popular winter cars for 2012 are Audi A6 3.0T Quattro, Honda CR-V AWD and Toyota Sienna AWD, among others.
Many automotive giants have come up with their concept cars with the latest innovations to make their product more appealing in appearance and performance.
Beatrice Mawamba crushed nine-year-old Shamirah Grant to death while she was being taught how to drive by her husband
From Stretch Ferraris to Bugattis we have a look at the world's most outrageous cars in all their extravagant glory
The flashy customised Ferrari turned heads when it was spotted parked outside Harrods department store in West London yesterday.
The Swedish car manufacturer Saab has filed for bankruptcy after a court rejected the company’s plea for protection from its creditors.
The Top 10 Automobile Brands of 2011
The 42nd Tokyo Motor Show unveiled some beautiful cars with plenty of innovations.
The 3-Series has always been BMW's best-selling model, and the new model has grown up in every sense of the word, with toned-down styling and a size approaching that of the out-going 5-Series.
Volkswagen's new Beetle R Concept made its American debut this week at the LA Automobile Show, featuring completely redesigned front and rear bumpers and a larger, chunkier design than the previous Beetle.
Jaguar is very close to committing on whether to launch the fabulous C-X16 sportscar - shown at the LA Automobile Show this week - as a convertible or hardtop, according to Autocar.
Porsche has unveiled a more powerful, uprated GTS version of its four-door Panamera, with a 4.8-litre V8 producing 430bhp and 'Sound Symposer' exhaust amplifier.
Ford launched the new Mustang GT500 today at the Los Angeles Motorshow and, to cut to the chase, it's got 650bhp, over 600lb/ft of torque and can crack 200mph.
Jaguar has launched its fastest and most powerful convertible the company was ever built, with a supercharged 5.0-litre V8 producing 542bhp and topping 180mph.
It seems all is well with Jaguar Land Rover (JLR) as their profit books are full with record sales in markets around the globe. The announcement of JLR on Thursday to create 1000 new jobs in Solihull amidst the current economic turmoil is seen as a reflection of resurgent automobile market.
Qualcomm has announced its first Wireless Electric Vehicle Charging (WEVC) trial for London, in line with the government’s efforts to make the capital a zero emission city. The US mobile technology giant is collaborating with the UK government along with the Mayor of London’s office and Transport for London to (TfL) to deliver the trial.
The fastest and most power convertible Jaguar has ever created will make its world debut at the Los Angeles International Automobile Show later this month.
Nissan Motor Corp Ltd, Japan’s second largest automotive company by volume, is planning to start 400 free charging stations across Europe by February 2012. As part of its plans to set up a European-wide Quick Charge (QC) network across prominent locations in Europe, the company is giving away the charging stations free of cost to the operators.