832675-3 Washer on 2040-parts.com

Climax Sports Racer revealed

The £92,000 Climax Sports Racer British firm Climax has revealed it’s readying a road-going race-car to rival others in the niche like the Ariel Atom and the Caparo T1. Imaginatively named The Climax Sport Racer the new car gets powered by a Ford 4.6 V8 developing 345bhp with a supercharged version offering 415bhp. All that grunt is driven through the rear wheels by a 6-speed Graziano GT ME1 gearbox.

Volkswagen to buy Italdesign-Giugiaro

Italdesign-Giugiaro S.p.A could soon become another group under the Volkswagen AG umbrella, according to Automotive News Europe. The industry publication cites two sources that claim the German company is set to buy a controlling stake in Italy's largest design and engineering firm, a deal which could be clinched as early as next week. Founded by Giorgetto Giugiaro and Aldo Mantovani in 1968, Italdesign-Giugiaro currently has 975 employees and 800 CAD workstations.

Toyota Avensis, Prius & Corolla recall affects 75,000 UK cars

Toyota is recalling 75,000 Corolla, Avensis and Prius models in the UK – and 2.7 million worldwide – to fix a steering fault. Last month, Toyota revealed a recall for the Auris, RAV4 and Yaris to fix a fault with electric window switches, and just to make sure those cars weren’t the only faulty Toyota’s, they’ve managed to find a fault with the steering on the Corolla  Avensis and Prius. Oh, and the Prius might have a water pump problem.