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Tesla guarantee future value of Model S in finance deal

Tesla guarantee future value of Model S (pictured) in finance deal If you run a company car – and you’re comfortably off – there’s a lot to commend the Tesla Model S. But if you’re a comfortably off private buyer who doesn’t quite get the tax breaks on a car a company car driver does, Tesla still want to make you an offer you can’t refuse. Teaming up with Alphera Financial Services (which just happens to be owned by BMW), Tesla are offering an appealing deal on the Model S, and guaranteeing its future value too.

Fiat makes bid to buy Opel

The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Klaus Franz, chairman of Opel's works council, on Thursday confirmed Fiat's interest in a takeover of General Motors' European subsidiary, suggesting that officials have cleared the way for the signing of a letter of intent as early as April 28. Opel has been in talks with parts supplier Magna International on a possible partnership over the past month.

Giles Taylor appointed Head of Exterior Design at Rolls-Royce

Rolls-Royce will be welcoming Giles taylor as its a new Head of Exterior Design in April this year. Taylor, who has spent the last 10 years in British automotive design roles and headed up the design team who created the XK and XJ model series under the direction of Ian Callum at Jaguar, will fill the vacant position in the Rolls-Royce design team. He will be based in West Sussex, UK, and report to Rolls‑Royce's Chief Designer, Ian Cameron.