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Toyota GT86 Convertible (the Toyota FT-86 Concept) at Tokyo with roof up

The Toyota FT-86 Open Concept (pictured) gets a roof and new paint job for Tokyo 2013 The Toyota FT-86 Open Concept (effectively a roadster version of the GT86) made an appearance earlier this year at the Geneva Motor Show, and now Toyota are lining up a new version of the FT-86 for their home show in Tokyo. The FT-86 Open may be billed as a concept, but it’s clear Toyota are keen to see the GT86 Roadster go in to production, and the latest FT-86 for Tokyo demonstrates that with a new paint job and the first views of the fabric roof in place. Complementing the FT-86′s new red paint job it gets door handles, windscreen surround and door mirrors in contrasting grey and the interior gets a set of red carpets.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

CCS - AISI project 2007

The college for Creative Studies (CCS) has been teaming up with the American Iron and Steel Institute (AISI) since 1989, bringing together imaginative automotive design and steel, the material of choice in the industry. As did last year's program, this summer also saw three engineering students from the University of Michigan (UM) join three CCS transportation design students to develop a concept car. Revolving around an 'Inside Out' theme, students conceptualized, rendered and created a concept vehicle based on a steel exoskeleton design.