BMW & Toyota agree joint development of new sports car

BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.

Elio three-wheel prototype revealed

Elio Motors unveiled a prototype of its two-passenger, three-wheeled vehicle Wednesday, confirming the all-new vehicle will have a $6,800 base price when it goes on sale in June 2014. Paul Elio, company founder and CEO, said the vehicle is targeted at first-time or cash-strapped buyers, as well as for families who already have a family car and are seeking something inexpensive for daily commuting. Its sub $7,000-base price makes it almost half the price of the cheapest car in the U.S.

Jaguar XK 2010/2011 Upgrades – Ultimate XKR Special Edition

The 2010 Jaguar XKR - with all the options With the Geneva Motor Show just two weeks away, Jaguar has decided to roll out some upgrades to the Jaguar XK range and take the XKR further in to Supercar territory with the addition of two new options – the Speed Pack and the Black Pack. The car Jaguar will be taking to Geneva has both the new option packs fitted and is being billed as the Ultimate Jaguar XKR Special Edition. The info from Jaguar is slightly confusing, as it looks as if US buyers can opt for the fully loaded ‘Jaguar XKR Special Edition’ but UK and European buyers will need to specify both the new Speed and Black packs on a standard XKR to achieve the same end.