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Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.

Toyota NS4 plug-in hybrid unveiled at 2012 Detroit show

The new Toyota NS4 was one of the surprises of the 2012 Detroit auto show. It's the Japanese car maker's vision of what a new family car will look like in 2015. That's not so far off, and nor does this show car seem too other-worldly.

Porsche 911 GT3 R Hybrid (2010): first photos

By Tim Pollard First Official Pictures 11 February 2010 12:05 If you thought hybrids were dull, check out this petrol-electric car: the new Porsche 911 GT3 R Hybrid. Due to bow in at the 2010 Geneva motor show, the hybrid Porsche will race at the Nurburgring 24hrs in May 2010 as an experimental green race car.Porsche calls it 'Porsche Intelligent Performance' – a marketing phrase we're bound to hear more of, as Zuffenhausen develops its hybrid technology to dispel fears of the long-term future of sports cars. Porsche 911 GT3 R Hybrid: the tech storyThe hybrid 911 takes a conventional GT3 R race car and adds an electrically powered front axle.