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The scramble for scarce tires

North American automakers are struggling with a nagging shortage of tires, caused in part by tire plant closings and rising demand for low-volume specialty tires. Automakers are paying much higher prices -- double-digit percentage increases from a year ago -- as tire makers gain pricing power. "We have been bombarded from every side for additional tires, and we can't keep up," said David O'Donnell, Continental Tire's vice president of original equipment in the Americas.

Hyundai Veloster Turbo gets 400bhp

Hyundai in the US has created a Veloster for this year’s SEMA show – the Hyundai Velocity – with a 400bhp Cosworth makeover. SEMA show cars are always extreme and always completely over the top, but they do show just what can be done with mainstream cars when car makers are let off the leash of marketing constraints. This year Hyundai is out playing, and as well as creating a Genesis Coupe with Cosworth power they’ve also taken the new Hyundai Veloster Turbo and created a 400bhp monster SEMA car.

Toyota concepts

Toyota is set to unveil a trio of concepts at this year's Tokyo motor show. Taking snap-shots of the future of Toyota, they are said to represent the 'near-future, mid-term and far out.' Details on all three are currently limited, so stay tuned to CDN for our Tokyo show coverage, where we will bring you more details and images of all three cars. The FT-EV III represents the ‘near future'.