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U.S. is seeking a record $16.4 million fine against Toyota

The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.

2014 BMW 4-series convertible coming next year

The 2014 BMW 4-series convertible will feature a three-piece hard top, both four- and six-cylinder engines and an eight-speed automatic transmission when it arrives in dealerships in the first quarter of next year. The BMW 428i Convertible will cost $49,675 including destination while the 435i Convertible will start at $55,825. The new 4-series, which replaces the 3-series coupe and convertible but not the sedan, is larger in width and wheelbase than its predecessor.

Lamborghini Cabrera private reveal in the UK on 10th January 2014

The new Lamborghini Cabrera (sp photo above) will be privately revealed in London in January The Lamborghini Gallardo – Lamborghini’s entry-level model – has finally finished its production run, and Lamborghini are now preparing to reveal its successor. That successor is expected to be called the Cabrera, and we’ve been expecting it to be revealed at the 2014 Geneva Motor Show. But now Lamborghini have started teasing their new supercar, it could be sooner.