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Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.

LA Motor Show: Jaguar F-Type coupe to cost £7,000 less than convertible

JAGUAR’S stunning new F-Type coupe will cost from £51,235 when it goes on sale in the UK in the spring. The hard-top version of a car that has already taken the motoring world by storm will add a second model variant to the line-up, aimed not just at owners of the Porsche Cayman and even the 911, but also at previous owners of Jaguar’s own XK. Jaguar has used its media event at the Tokyo motor show to announce full pricing structures, with the entry-level F-Type coupe costing more than £7,000 less than the equivalent convertible.

Toyota Hybrid-R Concept – a Yaris with 400bhp – teased for Frankfurt

The Toyota Hybrid-R Concept (pictured) is a 400bhp Yaris Hybrid heading for Frankfurt We’ve always believed that the best use for hybrid powertrains is to get extra performance without the penalty of increased fuel consumption. Toyota, on the other hand, have primarily used their impressive – if complicated and expensive – hybrid powertrains to yield improved economy and emissions from more prosaic cars like the Prius, Yaris and Auris. But now it looks like Toyota are ready to show us what hybrid technology can offer in the way of performance too, with a tease for what Toyota are calling the Hybrid-R Concept, which appears to be a Yaris with more than 400bhp on tap.