Auto News for June 23

Tesla maintains that its first high volume car, the Model 3, is on schedule to be displayed next year and in production in 2017. This following a report of a slide in a Tesla briefing that indicated the $35,000 car might not appear until 2018.

If the price of the current Tesla exceeds your household budget, here is how you can own one for $1.09. Mattel’s Hot Wheels is offering a Tesla Model S in silver with red trimmed tires.

GM will invest $245 million and add 300 jobs at its Orion Assembly plant in Michigan and launch “an all-new vehicle program unlike any in the plant’s 32-year history.” What that “all-new vehicle” program might entail was not disclosed.

Nothing official from the parties involved, but Bloomberg reports Hyundai is close to signing a deal to become the official automobile sponsor of the NFL for some big bucks. GM ended its long association with the league at the end of last season.



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