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Video: Toyota teases Furia concept

Toyota has released a teaser a teaser video to promote its new Furia concept, set to be unveiled at the 2013 North American International Auto Show in Detroit next month. From what we can tell, the orange sedan concept features some carbon fiber accents – check out the rear lip spoiler – and there appears to be the standard next-generation lights we see on every concept. The world debut of the Furia Concept will be broadcast live online via Livestream on 14 January.

Feds researching fire risks from EV batteries, regulator says

Federal safety regulators have begun an $8.75 million study of whether lithium ion batteries in electric vehicles pose a potential fire hazard, officials said Thursday. Kevin Vincent, chief counsel of the U.S. National Highway Traffic Safety Administration, said researchers are looking at whether the high-voltage batteries can cause fires when they are being charged and when the vehicles are in an accident.

McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren

The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.