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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.

Nissan to offer zero-emissions e-NV200 commercial van in 2014

We all know that if there's one thing that delivery trucks like to do (UPS trucks excepted), it's to idle loudly in front of your home or office while filling the air with exhaust fumes as their drivers fill out paperwork on one of those metal pads. Scientific opinion around the world is split as to why delivery truck drivers do this, but one generally accepted explanation put forth by a group of Swiss scientists is that delivery truck drivers don't pay for their own fuel, and need to keep the radio on to listen to sports while filling out invoices. Well, Nissan is about to change all that, at least when it comes to eliminating the exhaust fumes generated by light commercial vehicles, with the introduction of the Nissan e-NV200 Zero Emission Van in the near future.

Porsche 918 Spyder details emerge in leaked document

Rennteam.com forum member Rossi has posted what looks to be leaked details of the Porsche 918 Spyder hybrid. We know much of the information, but we're psyched to learn that it only comes in left-hand drive. Other surprises include the quick charger that reduces charge times about 30 minutes and the inclusion of Sail Mode, which decouples the transmission from the engine to conserve fuel.