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McLaren P12 supercar (2012) first teaser shot

Here we have the very first official McLaren teaser shot of the Woking brand's upcoming flagship hybrid supercar, codenamed P12. The picture may appear nothing more than a colourful light show, but we can spot certain elements of the P12's styling. Don't worry - CAR has a handful of tech details behind the new Brit supercar as well.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Toyota ordered by Japan to address Prius brake complaints

Toyota Motor Corp., already grappling with recalls totaling 8.1 million vehicles on five continents, has been ordered by Japan's Ministry of Transportation to investigate a rash of consumer complaints about braking problems in its popular third-generation Prius hybrid vehicle. The Japanese carmaker has received several complaints about braking in the Prius in both Japan and North America since the end of last year, Toyota spokeswoman Ririko Takeuchi said. She did not say when the directive was issued or how Toyota would respond.