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Toyota says quake-hit plants escape major structural damage

Toyota Motor Corp. has released the first damage report for its northern Japanese factories in the region hammered by Friday's massive earthquake, saying some equipment and fixtures will need repairs but that the plants sustained no major structural harm. For days after the quake, Toyota had trouble contacting it plants in the northern Japan quake zone, making it difficult to assess their status.

Mercedes SL (2012) first official pictures

All-new SLs seem to come around as often as Halley’s Comet, but here are the first Stuttgart-sanctioned shots of Mercedes’ sixth generation premium roadster – the 2012 Mercedes SL. If it looks familiar, that’s because it’s already had more lenses pointed at its disguised bodywork than Pippa Middleton’s derrière – and CAR’s own renderings earlier this year weren’t far wide of the mark. So what’s the big news with the new 2012 Mercedes SL then?

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.