1941 Pontiac Hood Ornament on 2040-parts.com

Toyota drops plans for Electric Cars

Toyota has decided that there is little future for electric cars and has reigned in its plans to build battery electric vehicles. When you think of hybrid cars, you think of Toyota. But Toyota didn’t want to be left behind if battery electric cars strike a chord with buyers, so they were planning an extensive roll-out of the iQ EV – the Toyota eQ.

16-year-old Verstappen to race in Formula 1

TEENAGER Max Verstappen is confident he can handle the pressures of the world of Formula One and insists he is not worried about the sport's dangers. The 16-year-old is set to become the youngest driver in F1's history after joining Toro Rosso for the 2015 campaign. Verstappen - 17 in September and currently competing in Formula Three - will replace Frenchman Jean-Eric Vergne at the Red Bull-owned team.

Who's Where: Richard Ferlazzo appointed GM Australia design director

Richard Ferlazzo has been appointed General Motors Australia design director. Taking up the position from 1 September, he will report directly to executive director international operations design Michael Simcoe and also GM Holden chairman and managing director Mike Devereux. Ferlazzo will be responsible for Advanced, Production and Global Contract programs and replaces Andrew Smith who left Holden this month to take up the position of executive director of global Cadillac and Buick design at GM's technical center in Warren, Michigan.