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New Toyota FT-1 and FT-1 Vision Gran Turismo Concept revealed

The new Toyota FT-1 Concept (pictured) will debut at Pebble Beach At the Detroit Motor Show in January, the impressive Toyota FT-1 Concept was revealed, with the general concensus being that it pointed firmly at a future Toyota Supra. And that thought is reinforced with the arrival of a new FT-1 Concept, ahead of a debut at Pebble Beach – and a ‘virtual’ FT-1 Concept in the guise of the Toyota FT-1 Vision Gran Turismo Concept. The new FT-1 Concept comes complete with a new graphite paint job, but perhaps the more interesting aspect is that the interior now looks more upmarket and more appealing.

New Peugeot 208 production cut as sales disappoint

Peugeot is cutting back on production of the new 208 as its sales fail to reach expectations, just six months on from launch. It’s not enough when Europe is ion the midst of an economic crisis and car buyers are polarised between ‘budget’ cars that offer more for less than mainstream offerings and ‘Premium’ models that are bought on the back of a preconceived notion of more kudos. That leaves car makers like Peugeot (and Renault, Citroen, Vauxhall, Ford, Opel, Fiat…) between a rock and a hard place, unable – or unwilling – to compete with the offerings from Korea and saddled with a brand that doesn’t have the ‘class’ of an Audi or a BMW or a Mercedes or even a VW.

Ferrari boss Montezemolo says his future is fast cars--and fast trains

Ferrari S.p.A. Chairman Luca Cordero di Montezemolo has pledged his future to the supercar brand, refuting speculation that he might quit to join Italy's government. “In my future I see fast cars and fast trains--and no politics,” Montezemolo told Automotive News Europe in an interview at Ferrari's headquarters here.