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Former Fiat exec will revive iconic De Tomaso sports-car brand

Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sports car brand. The former Fiat S.p.A marketing executive aims to build 8,000 De Tomaso cars a year in a former Pininfarina S.p.A. factory near Turin.

High-performance electric cars set for public debut at Goodwood

The EEMS Accelerate project based in Britain aims to show that driving an electric car doesn't have to be a bland experience. It's taking the effort public starting at the Goodwood Festival of Speed. Four British-made, high-performance electric cars will be displayed at the FoS-TECH Exhibition at Goodwood this weekend.

Toyota recalls Highlander and Lexus hybrids, IS and GS sedans

Toyota announced two recalls on Wednesday that include 369,000 vehicles worldwide, 235,000 of which are in the United States. The hybrids have a problem with a transistor, while the 3.5-liter V6 is having problems with its variable valve timing control device. The first recall includes Highlander Hybrid models from 2006-2010 and the Lexus RX 400h from 2006-2008.