Flying car gets OK from FAA The Federal Aviation Administration has approved the Terrafugia Transition, a flying car built by a team of MIT engineers. It can reach a cruising speed of 115 mph in the air and gets 30 mpg on the ground. Read more on KING5 Seattle Flying car gets OK from FAA

Flying Car to Soar the Skies The United States Federal Aviation Administration (FAA) has approved the classification of a vehicle aiming to be the first flying car. Post from: Daily Contributor Flying Car to Soar the Skies Read more on Daily Contributor Flying car all set for take-off Regulators in the United States have given

Flying car: It flies! It drives! But will it sell? Flying car has generated more than 70 preorders, according to Terrafugia, which aims to capture about 10 percent of the general aviation market. Read more on The Christian Science Monitor Flying Car — just like the Jetsons — gets green light from FAA (VIDEO) Flying

Tesla IPO: Electric-car maker’s stock up 41 percent in debut SAN JOSE — On a day when the stock market tanked, Tesla Motors beat even the most bullish of expectations. The electric car company’s stock shot up 41 percent Tuesday in its first day of public trading, the second-best start of an IPO this year.

Toyota to recall faulty Lexus model: report TOKYO -Toyota Motor will recall one of its top-of-the-line Lexus sedans worldwide because of an engine fault, a report said Thursday. Tens of thousands of Lexus LS460 models will likely be affected by the recall, the Nikkei business daily said without citing sources. Read more on The Malaysian

Toyota Faces Another Recall Over Faulty Cars Toyota could recall up to 3,200 cars in the UK after discovering an engine fault in its Lexus and Crown models. Read more on SkyNews via Yahoo! UK & Ireland News Toyota Plans To Recall 270,000 Cars Over Defective Engines # beigebitesback Toyota plans to

Toyota to recall faulty Lexus model: report Toyota Motor will recall one of its top-of-the-line Lexus sedans worldwide because of an engine fault, a report said Thursday. Read more on AFP via Yahoo! News Toyota considering another recall Toyota Motor Corp (7203.T) by Thursday morning had not yet alerted U.S. safety regulators of a recall

With IPO, Tesla bets on electric car’s future Tesla Motors Inc. starts selling stock to the public on Tuesday. The sale’s success depends on how much investors are willing to bet on a car company that has never made a profit, sells a single vehicle and expects to lose money until at least 2012. As

Tesla CEO Elon Musk To Sell Nearly One Million Personal Shares At IPO One day before its scheduled IPO , Tesla Motors is increasing the allotment of shares that will be sold to the public from 11.1 million to 13.3 million, according to an a mendment to its S1 filing . The additional shares are

Tesla Motors Increases Electric Car IPO Size by 20% Tesla Motors Inc., the electric sports-car company that’s attempting the first initial public offering by a U.S. automaker in a half-century, increased the size of its IPO by 20 percent. Read more on BusinessWeek Tesla Increases Shares Offered in IPO by 20% to 13.3 Million Tesla