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Lexus plans small crossover

Lexus plans to show a production-ready compact SUV to rival the Audi Q3 and BMW X1 at the 2014 Geneva motor show, a company source said. The hybrid model, which will be based on the redesigned Toyota RAV4, will slot below the Lexus RX 450h. It was unclear if or when the vehicle would come to North America.

News watch July 2011: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: car news summaries are added from the top hour-by-hour Friday 29 July• The BBC and Sky have a agreed a TV deal for F1, which will see the Beeb only broadcast half of all Grand Prix races from the 2012 season (BBC) • Aston Martin Racing will revert to its older, V12-powered DBR1-2 LMP1 racer for the remainder of the Intercontinental Le Mans Cup (ILMC) while the new straight six-powered AMR-One 'continues to undergo review' (Aston Martin Racing)• Dr Heinz-Jakob Neußer is to take charge of drivetrain development at VW from Volkswagen 1 October 1 2011. His predecessor Dr Jens Hadler is leaving at his own request, and Dr Rüdiger Szengel is to become deputy head of VW's drivetrain development and retain his role as head of petrol engine development (Volkswagen) Thursday 28 July• Porsche today dug the first soil at its €150m extension of the Weissach R&D base.

Arizona auctions heat up

If you wanted to attend all of the automobile auctions in Arizona's Valley of the Sun this month, you already missed one if you didn't show up at the Scottsdale International Classic Cars Auction, Jan. 1-2. But there are plenty more.