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There's still hope for U.S. buyers who want a Lexus LFA

Still dreaming of buying a Lexus LFA supercar? There's hope. Despite earlier saying that all 500 copies of the LFA were spoken for, Toyota Motor Sales U.S.A.

Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

Third annual World Automotive Design Competition

The third annual World Automotive Design Competition, sponsored by Alias, was hosted by the Canadian International Auto Show in Toronto, Ontario, on February 12. Britain's Coventry School of Art and Design, and Tsinghua University in Beijing, China were the big winners, together garnering seven of the eight prizes. Ninety-four students from twenty design schools from China, Brazil, Japan, France, Korea, England, Wales, Italy, Spain, India, Sweden, the USA and Canada competed to win over US$140,000 in prizes.