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BMW & Toyota agree joint development of new sports car

BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.

More than 800 cars apply for Monterey Motorsports Reunion

The 2012 Rolex Monterey Motorsports Reunion will celebrate the 50th anniversary of the Shelby Cobra, and more than 800 applications for participation have been received. There will be 17 race groups at the track Aug. 17-19, but participation is limited to 550 cars.

Subaru WRX Concept: New York Auto Show 2013 – UPDATED + video

Subaru has revealed a concept for the next generation WRX at the New York Motor Show this week, but will it make it to the UK? The Subaru WRX is the poster child for the Playstation Generation, but Subaru in the UK seem to have fallen out of love with the idea of a budget supercar, preferring to concentrate on fluffy bunny dreams of hybrids and fresh air from the tailpipe. So there’s a lot of uncertainty if the next generation WRX – previewed this week in New York by the WRX Concept – will make it to the UK when it turns in to a production model.